Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
7,370 SF
Site
0.28 acres
Price / SF
$126
NOI
$108,000
Year built
1988
Zoning
R10
Stories
2
The offering
Cold Spring Opportunity, wonderful income producing commercial property. Fully rented with long standing tenants. Four store fronts, all with independent heating and air, an attached 20X24 oversized garage, not included in square footage, sits adjacent to a small private garden area perfect for employee picnics. Ample ten off street parking spots. A second building, 292 Main with two floors, First floor offers Seven offices with shared common areas, conference room, kitchen, two baths, one ambulatory. Second floor offers three office suites and shared bath and kitchenette. Wonderfully maintained, loads of sunlight. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Building & site
Interest conveyedFee simple
Gross building area7,370 SF
Building typeMulti Family
Property typeMulti Family
Year built1988
Stories2
Land area0.28 acres
Land area, SF12,301 SF
WaterPublic
SewerSeptic Tank
HeatHot Water, Oil
Tax parcel37260338.17-1-18
Number of buildings2
Parking spaces6
Electric utilityCentral Hudson
Zoning & permitted uses
District
R10
Permitted uses are governed by the Philipstown zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$108,000
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Location, access & trade area
Trade area
Measure
Philipstown
Putnam County
Population
9,879
98,107
Population density
191 / sq mi
426 / sq mi
Households
3,865
35,545
Median household income
$140,557
$126,257
Mean travel time to work
40 min
39 min
Median home value
$615,000
$471,300
Median gross rent
$1,930
$1,775
Unemployment (May 2026)
3.3%
Not stated
School districts
Beacon, Carmel, Garrison, Haldane, Highland Falls, Lakeland, Putnam Valley, Wappingers
ZIP codes
10516, 10524, 10567, 10579, 12508, 12524, 12533
Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.
Taxes & assessment
2025 taxes
$20,509
Assessed value
$345,500
Land assessment
$58,300
Full market value
$1,023,400
Owner of record
GDB Holding Co. LLC
School district
Haldane
Property class
484 · Walk-up off
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
