5058 Route 17m,

New Hampton, NY

$500,000

810 Sqft

0.35 Acres

Great investment property with an 8.25 CAP rate. The property operates as a pre-owned auto dealership and is situated on a flat, corner lot with 100 feet of frontage on State Route 17M. The building features a clean showroom with a private office and is constructed with a frame and stone facade. The lot can accommodate approximately 50 vehicles, making it ideal for auto sales or other retail/service businesses. The location benefits from high visibility, with an average daily traffic count over 19,000 vehicles. This property is currently leased to a tenant with two years remaining on a five-year lease with built in increase as an agreed upon term. Tenant has an option for an additional five-year lease.

Facts & Features

MLS® # 861078

Price $500,000

Bathrooms 0.00

Square Footage 810

Acres 0.35

Year Built 1996

Type Commercial Sale

Sub-Type Retail

Status Active

MLS hgmls

Community Information

Address 5058 Route 17m

City New Hampton

County Orange

State NY

Zip Code 10958

Amenities

Utilities Natural Gas Available

Parking Spaces 50

Is Waterfront No

Has Pool No

Interior

Cooling Central Air, Wall/Window Unit(s)

Has Basement No

Fireplace No

# of Stories 1

Exterior

Lot Description Level, Paved

Construction Other, Stone

Additional Information

Date Listed May 11th, 2025

Days on Market 34

Zoning MC- 2

Short Sale No

RE / Bank Owned No

Listing Details

Listing Courtesy of Keller Williams Hudson Valley

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Listing information last updated on June 17th, 2025 at 3:50pm EDT.

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5058 Route 17m,

$500,000

Purchase & Financing Information