2785 Albany Post Road
Philipstown, NY 10516
Est. P&I payment: $3437.01/mo
Description for 2785 Albany Post Road, Philipstown, NY 10516
Investment Property, Professional Office Space, Private Residence. Rare opportunity on route 9 in Cold Spring. Beautiful wooded setting for professional office or residence. Built as a demo for Lindal Cedar homes. Current tenant is Atlantic Custom Homes, the New York area’s premier Lindal dealer since 1983.
Post and Beam construction with Day Light basement. Finished basement is tenant office complete with full bath.
First floor has Master Bedroom, Full Bath, eat-in kitchen, living room, office
Second floor is loft with full bath. Could be office or bedroom.
Superb construction. Meticulously maintained.
Current basement rent is $4,500 per month; main floor and second floor have potential rent of approximately $3,500. Fully leased it is comfortably a 5% or 6% CAP investment property.
My Notes for MLS #4643314
- Status: Active
- Property Type: Commercial
- Water Description: Drilled Well,Private
- Lot Description: Partly Wooded,Wooded
- Parking: Common,Driveway,Lot Parking,No Garage,Off-Street Parking,Private Parking
- Air Conditioning: Wall Units
- Heating Fuel: Oil Above Ground
- Heating Type: Base Board,Hot Water
- Hotwater: Fuel Oil Stand Alone
- Lease Price: 3,500
- Tax Amount: 18,726
- Tax Year: 2017
- Year Built: 1982
- Year Built Exception: Actual
- Zoning: Res/Comm
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The listing information for 2785 Albany Post Road, Philipstown, NY 10516 was graciously provided by our friends at the listing brokerage, Houlihan Lawrence Inc.
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Last Updated 02/24/2018 at 4:32pm