699 Jersey Avenue, Greenwood Lake, New York 10925 (MLS# H6212002)
Commercial Sale listing in Orange County
Listing IDH6212002
Sold For$525,000
StatusClosed
Sold Date5/23/2023
CountyOrange
Year Built1930
Property TypeCommercial Sale
Property Sub TypeMixed Use
Central Shopping District Investment Opportunity to diversify a real estate portfolio or establish your business concept. Three structures exist on-site: Main Building with ground floor retail/restaurant + (2) two-bedroom one-bath apartments on the second floor; Multifamily Ranch with (1) one-bedroom one-bath apartment + (2) studio apartments with one-bath each; Outbuilding with garage and (3) storage units; Additional storage in Main Building basement; (all units occupied). Located in the recreation and commuter center of Greenwood Lake, New York, just one hour northwest of Manhattan. Lake access via town beach at Thomas P. Morahan Waterfront Park, public kayak launch, or nearby marinas. Appalachian Trail access via Village Vista trail spur (.3 miles). Natural gas, Municipal water and walkability to many conveniences. Greenwood Lake is a 2,000-acre glacial lake and village in Warwick, NY close to: Apple Picking, Farmer's Markets, Mount Peter for Skiing, Hiking Trails, Breweries and Wineries!
County
Orange
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1930
Current Use
Food Service, Mixed Use, Residential, Retail
Improvement Remarks
Central A/C, Roof, Upper Decks.
Mls Status
U
Village
Greenwood Lake
Area Units
Square Feet
Cooling
yes
Cooling Type
Central Air, Window Unit(s)
Heating
Natural Gas, Forced Air
Hot Water Features
Gas Stand Alone
Square Footage
4474.00
Directions
699 Jersey Avenue into GPS
Elementary School District
Greenwood Lake
Hamlet
Greenwood Lake
High School District
Greenwood Lake
Middle Or Junior School District
Greenwood Lake
MLS Area Minor
99
Township
Warwick
Zoning Description
CSD
Construction Materials
Block
Lot Size Units
Acres
Number Of Buildings
3
Number Of Units Total
6
Sewer
Septic Tank
State Or Province
NY
Water Source
Public
High Price Dollars
699000
Inclusions
A/C Units
Modifications Exclusions
None
Net Operating Income
59400
Tax Annual Amount
13615
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