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12 South St

10,244 SF 100% Leased Industrial Building Washingtonville, NY 10992 £3,950,050 (£386/SF)

Investment Highlights

  • Prime Development Opportunity: Four parcels totaling 4.6 acres in the high-traffic Village of Washingtonville, NY, offering significant potential for
  • Extremely Rare Salvage License: Includes a highly sought-after salvage license, adding unique value to the property and expanding business possibiliti
  • Excellent Location & Visibility: Situated in a high-traffic area, adjacent to the Moodna Creek and next to the upcoming Shunnemunk Rail Trail, a major
  • Versatile Zoning (B-G): Zoned for Business General, allowing for multiple uses, including Auto Sales, Light Industrial, Mixed Use, Office, Retail, War
  • Diverse Property Types: The four parcels feature a motor repair shop with a large apartment, a salvage yard, a two-family home, and a vacant commercia
  • Future Growth Potential: The new 10-mile rail trail will boost foot traffic and connectivity, linking to the Hudson River, state parks, and MTA train

Executive Summary

An incredible opportunity for development on four parcels sold together for a total of 4.6 Highly Visible Acres in the heart of the
Village of Washingtonville, NY! This high-traffic location is zoned B-G (Business General) and offers too many options to name
them all. Permitted Uses include: Auto Sales, Light Industrial, Mixed Use, Office, Retail, Warehouse, Residential. The property
also includes a Salvage License which is extremely rare. The four parcels include: Ralph’s Motor Repair (12 South St), a repair
shop with vast apartment on 2nd level, and a salvage yard in back (14 South St), a 2-family home (16 South St), and a vacant
commercial lot (Rte 208). The property is adjacent to the Moodna Creek and also abuts the Shunnemunk Rail Trail project. The
new 10-mile trail will connect the Hudson River in Newburgh and Cornwall-on-Hudson to Schunnemunk State Park, the Orange
County Heritage Trail, and link to both the Cornwall and Harriman train stations of the MTA Port Jervis Line.

Property Facts

Price £3,950,050
Price Per SF £386
Sale Type Investment or Owner User
Property Type Industrial
Building Class C
Lot Size 4.62 AC
Rentable Building Area 10,244 SF
Number of Floors 1
Year Built 1900
Parking Ratio 1.07/1,000 SF

Amenities

  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Oil (Fired)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
332001-113-000-0004-002.000-0000
Land Assessment
£11,850
Improvements Assessment
£15,089
Total Assessment
£26,939

zoning

Zoning Code B (Business General)
B (Business General)
  • Listing ID: 31418457

  • Date on Market: 04/04/2024

  • Last Updated:

  • Address: 12 South St, Washingtonville, NY 10992

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