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
5,000 SF
Site
0.78 acres
Price / SF
$130
NOI
$79,800
Year built
1929
Zoning
LI
The offering
Unlock the potential of this 4,700+ SF, two-story commercial property in an area experiencing ongoing commercial growth and redevelopment. Conveniently located directly off Route 9W, the property offers excellent visibility and easy access to New Paltz, Poughkeepsie, Kingston and MetroNorth.
The main building features a lobby, a kitchen area, five restrooms, multiple office suites, and individual offices. Formerly configured as a medical office (currently w/400 amp service), the flexible layout is well suited for professional or personal services, studio or creative space, or mixed-use concepts. Two separate entrances allow the building to be divided into multiple suites, and attached retail space can be incorporated into the main building.
An adjacent building, currently unused, provides additional potential for mixed-use space, storage, or redevelopment. This versatile property presents an excellent investment opportunity in a highly accessible location surrounded by established and emerging businesses.
Building & site
Interest conveyedFee simple
Gross building area5,000 SF
Building typeOffice
Property typeOffice
Year built1929
Land area0.78 acres
Land area, SF33,977 SF
WaterWell
SewerSeptic Above Ground, Septic Tank
HeatNatural Gas
Tax parcel51320088.1-2-1
Usable area4,700 SF
Number of buildings2
Electric utilityCentral Hudson
Distance to train6 mi
Zoning & permitted uses
District
LI
Permitted uses are governed by the Lloyd zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$79,800
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.
Taxes & assessment
2026 taxes
$13,893
Assessed value
$363,000
Land assessment
$94,500
Full market value
$526,087
Owner of record
Gargiulo, Paul
School district
Highland
Property class
464 · Walk-up off
Estimated annual tax, 2025 roll
County and town
$3,307
School, Highland
$9,430
Estimated total
$12,737
The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
