42235 New York 28, Margaretville, NY 12455 (MLS# 20260165)
$699,000
Margaretville, NY 12455
MLS# 20260165
2 baths | 7181 sqft
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Property Description
BROOKSIDE - PRIME COMMERCIAL OPPORTUNITY ON 4.4 ACRES. Leave the anxiety inducing rush behind and take control of your future with this rare and versatile property in the heart of Margaretville. This 4.4-acre parcel includes two long established, income-generating businesses and offers ample room for expansion. For decades, the on-site hardware store has served as a go-to destination for the community and is known for its extensive inventory, convenient location, and ample parking. There is also a highly respected used car dealership operating with over 60 vehicle spaces, and a dedicated building equipped with a lift, which is ideal for automotive sales, repairs, or expansion into other services. Whether you are an entrepreneur, investor, or looking to build generational wealth, this property is your chance to create something lasting. The additional parcel offers plenty of room to grow; think tire center, lawn care equipment, ATV dealership, or whatever is on your list of what you think the community needs. Here are the highlights: 4.4 acres across two parcels; long-standing and reliable hardware store with impressive inventory; an established used car dealership with space for 60+ vehicles including a building with 2 lifts, 3 air compressors - perfect for a repair shop or customization; high visibility and easy access; expansion potential for multiple business ventures. Opportunity knocks! answer it with Brookside. Own the land, build the legacy.
Details
Contract Information
Listing Agreement: Exclusive Right To Sell
Owner Name: HIFI REALTY CORP
Occupant Name: Owner
Lease Considered YN: No
Current Price: $699,000
Original List Price: 699000
List Price: $699,000
Status: Active
Listing Contract Date: 2026-01-13
Property Sub Type: Business
Location, Tax, and Legal
911 Address: 42235 State Highway 28
Township: Middletown
Neighborhood: Margaretville
School District: Margaretville Central Schools
General Tax: 5000
School Tax: 3100
Town Tax: 3500
Village Tax: 1500
Tax Annual Amount: 8100
Tax Year: 2026
Assessors Full Market Value: 316400
Tax Assessed Value: 316400
Tax Legal Description: Commercial mixed-use
Parcel Number: 306.7-7-33
Tax Lot: 33.000
Tax Block: 7
Tax Exemptions YN: No
Zoning: GV
Zoning Description: General Village Mixed-use.
Directions: From Traffic Circle Kingston, NY take route 28 West for 45 miles. Destination on the right on entering Village of Margaretville.
General Property Information
Business Name: Brookside Hardware
Number Of Units Total: 2
Lot Size Acres: 4.4
Lot Size Dimensions: 69,696
Waterfront YN: Yes
Water Body Name: E. Branch Delaware R
Parking Total: 20
Flood Plain YN: Yes
Frontage Length: 1,250
Land Lease YN: No
Sign On Property YN: No
Basement YN: No
List Price/SqFt: 97.34
Bathrooms Total: 2
Living Area: 7181
Year Built: 2008
Remarks and Miscellaneous
Public Remarks: BROOKSIDE - PRIME COMMERCIAL OPPORTUNITY ON 4.4 ACRES. Leave the anxiety inducing rush behind and take control of your future with this rare and versatile property in the heart of Margaretville. This 4.4-acre parcel includes two long established, income-generating businesses and offers ample room for expansion. For decades, the on-site hardware store has served as a go-to destination for the community and is known for its extensive inventory, convenient location, and ample parking. There is also a highly respected used car dealership operating with over 60 vehicle spaces, and a dedicated building equipped with a lift, which is ideal for automotive sales, repairs, or expansion into other services. Whether you are an entrepreneur, investor, or looking to build generational wealth, this property is your chance to create something lasting. The additional parcel offers plenty of room to grow; think tire center, lawn care equipment, ATV dealership, or whatever is on your list of what you think the community needs. Here are the highlights: 4.4 acres across two parcels; long-standing and reliable hardware store with impressive inventory; an established used car dealership with space for 60+ vehicles including a building with 2 lifts, 3 air compressors - perfect for a repair shop or customization; high visibility and easy access; expansion potential for multiple business ventures. Opportunity knocks! answer it with Brookside. Own the land, build the legacy.
Status Change Information
Status Change Timestamp: 2026-01-13
Major Change Timestamp: 2026-01-13T22:10:35Z
Major Change Type: New Listing
Appliances
Microwave: 1
Refrigerator: 1
Book Information
Liber/Book: 687
Page: 311
Section: 306.7
Construction Materials
Board & Batten Siding: 1
Clapboard: 1
Wood Siding: 1
Entry Information
Entry Location: Front
Exterior Features
Lighting: 1
Frontage Type
Frontage Length: 1250
See Remarks: 1
Heating
Electric: 1
Lot Features
Level: 1
Near Public Transit: 1
See Remarks: 1
Other Structures
Shed(s): 1
Storage: 1
Possession
Close Of Escrow: 1
Road Frontage Type
State Road: 1
Road Surface Type
Asphalt: 1
Roof
Asphalt: 1
Sewer
Public Sewer: 1
Structure Type
Mixed Use: 1
Office: 1
Retail: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Phone Connected: 1
Sewer Connected: 1
Water Connected: 1
Water Source
Public: 1
Waterfront Features
Stream: 1
Current Use
Mixed Use: 1
Retail: 1
See Remarks: 1
Location
Downtown: 1
Freestanding: 1
Building Features
High Speed Internet: 1
Overhead Door(s): 1
Number of Overhead Doors: 2
Business Type
Auto Dealer: 1
Commercial: 1
Hardware: 1
Retail: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Email Listing Agent: 1
Listing Agent Must Accompany: 1
Sale Includes
Building: 1
Inventory: 1
Land: 1
Supplies: 1
Showing Information
Showing Attended YN: Yes
Showing Instructions: 24-hour advance request to Show is required. Listing Agent must accompany all showings. Call Leighton Ashley (Cell: 917-796-3351) for an appointment.
Location Tax and Legal
Street Number: 42235
Street Name: New York 28
County: Delaware
State: NY
Zip Code: 12455
Town (Taxable): Middletown
Property Features
Appliances: Microwave; Refrigerator
Building Features: Overhead Door(s); High Speed Internet
Business Type: Auto Dealer; Commercial; Hardware; Retail
Construction Materials: Board & Batten Siding; Clapboard; Wood Siding
Current Use: Mixed Use; Retail; See Remarks
Exterior Features: Lighting
Frontage Type: See Remarks
Heating: Electric
Location: Downtown; Freestanding
Lot Features: Level; Near Public Transit; See Remarks
Other Structures: Shed(s); Storage
Possession: Close Of Escrow
Road Frontage Type: State Road
Road Surface Type: Asphalt
Roof: Asphalt
Sewer: Public Sewer
Structure Type: Mixed Use; Office; Retail
Utilities: Cable Connected; Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Water Source: Public
Waterfront Features: Stream
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent; Email Listing Agent; Listing Agent Must Accompany
Sale Includes: Building; Inventory; Land; Supplies
Listing Courtesy of Coldwell Banker Timberland
Listing Agent: Leighton Ashley