4 Old Forge, Corner Rock City Rd, Woodstock, NY 12498 (MLS# 20143648)
$1,140,000
Woodstock, NY 12498
MLS# 20143648
Status: Closed
4896 sqft
1 / 2
Property Description
THE BEST LOCATION IN TOWN WITH UNLIMITED POSSIBILITIES....... FULL EXPOSURE, WALK TO RESTAURANTS AND BUS TO NYC. Great investment on the Woodstock Village green. Full exposure to all incoming visitors. Visibility is the best in town. Building would be ideal to convert the residential floors to hotel. Long term commercial tenants on a triple net lease will cover a big part of the monthly expense. Plus the 4 apartments. 2 on the second floor have access to the porch.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: M&M Family Ventures
Owner Phone: c/o l/r
Occupant Name: tenants
Occupant Phone: c/o l/r
Current Price: $1,140,000
Original List Price: 1250000
Sold Price: $1,140,000
Status: Closed
Listing Contract Date: 2014-07-17
Property Sub Type: Mixed Use
Location, Tax, and Legal
Street Additional Info: Corner Rock City Rd
School District: Onteora Central
Elementary School: Woodstock K-3
General Tax: 1
School Tax: 8913
Village Tax: 0
Tax Assessed Value: 762000
Tax Legal Description: -11,-3,4 Old Forge
Tax Lot: -11
Tax Block: -3
Zoning Description: Comm
Directions: Property is on the town green in the center of Woodstock Village
General Property Information
Number Of Units Total: 7
Lot Size Acres: 0.17
Lot Size Dimensions: .17
Sign On Property YN: Yes
List Price/SqFt: 255.31
Sold Price/SqFt: 232.84
Living Area: 4896
Year Built: 1870
Remarks and Miscellaneous
Public Remarks: THE BEST LOCATION IN TOWN WITH UNLIMITED POSSIBILITIES....... FULL EXPOSURE, WALK TO RESTAURANTS AND BUS TO NYC. Great investment on the Woodstock Village green. Full exposure to all incoming visitors. Visibility is the best in town. Building would be ideal to convert the residential floors to hotel. Long term commercial tenants on a triple net lease will cover a big part of the monthly expense. Plus the 4 apartments. 2 on the second floor have access to the porch.
Status Change Information
Status Change Timestamp: 2015-11-30
Buyer Financing: Conventional
Concessions Amount: 0
Major Change Timestamp: 2015-12-01T00:46:37Z
Major Change Type: Status Change
Purchase Contract Date: 2015-06-23
Close Date: 2015-11-30
Close Price: 1140000
Appliances
Water Heater: 1
Other: 1
Basement
Full: 1
Book Information
Liber/Book: 4108
Page: 282
Section: 27.54
Construction Materials
Frame: 1
Cooling
Wall Unit(s): 1
Window Unit(s): 1
Electric
200+ Amp Service: 1
Fencing
Partial: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Hardwood: 1
Other: 1
Heating
Baseboard: 1
Electric: 1
Forced Air: 1
Oil: 1
Listing Terms
Lease Option: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Landscaped: 1
Level: 1
Road Frontage Type
City Street: 1
Road Surface Type
Paved: 1
Security Features
Security Lights: 1
Security System: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Income and Expenses
Financials Available Y/N: Yes
Gross Income: 9413
Gross Scheduled Income: 121679
Insurance Expense: 4551
Manager Expense: 4800
Net Operating Income: 81832
New Taxes Expense: 18560
Other Expense: 3000
Other Income: 8723
Total Annual Expenses: 39847
Owner Pays
Insurance: 1
Tenant Pays
Taxes: 1
Building Features
Kitchen Facilities: 1
Private Restroom(s): 1
Window Display: 1
Business Type
Clothing: 1
Gift Shop: 1
Professional/Office: 1
Residential: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Sale Includes
Building: 1
Showing Information
Showing Instructions: Doreen 594-5098
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: OFF STREET, Age: 100-200, Lease Type: One Year,Two Or More, Lot/Site: Hamlet/village
Location Tax and Legal
Street Number: 4
Street Name: Old
Street Suffix: Forge
State: NY
Zip Code: 12498
Town (Taxable): Woodstock
Property Features
Appliances: Water Heater; Other
Basement: Full
Building Features: Private Restroom(s); Kitchen Facilities
Business Type: Clothing; Gift Shop; Professional/Office; Residential
Construction Materials: Frame
Cooling: Wall Unit(s); Window Unit(s)
Electric: 200+ Amp Service
Fencing: Partial
Flooring: Carpet; Ceramic Tile; Hardwood; Other
Heating: Baseboard; Electric; Forced Air; Oil
Listing Terms: Lease Option; Private Financing Available
Lot Features: Corner Lot; Landscaped; Level
Owner Pays: Insurance
Road Frontage Type: City Street
Road Surface Type: Paved
Security Features: Security Lights; Security System
Sewer: Public Sewer
Showing Considerations: Occupied
Tenant Pays: Taxes
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Sale Includes: Building
Listing Courtesy of Berardi Realty
Listing Agent: Doreen Marchisella