701 Grant Avenue, Lake Katrine, NY 12401 (MLS# 20240442)
$4,000,000
Lake Katrine, NY 12401
MLS# 20240442
Status: Closed
309120 sqft
1 / 33
Property Description
Once built for IBM Corp, then vacated sold divided into individual office suites, 13 finished, some furnished,10 unfinished, 3 bay docks, boiler room, 4 electric stations, 4 multi-stalls restrooms, warehouse, several smaller offices, communication office, north, south, East, West entrances, generator backup for one suite, plenty of work space and storage. unused closed bridge walkway, right off State Rte 209 and 9W. 2023 New Boiler and motor, 2 unused chillers, AC tower, 4 utility cleaning closets with elect. water heaters, sprinkler system, fire alarm, automatic door locks, 6 new entrance heaters. three Elevators one north entrance, west entrance and Freight elevator south dock area.
Details
Contract Information
Current Price: $4,000,000
Original List Price: 4995000
Sold Price: $4,000,000
Status: Closed
Listing Contract Date: 2024-02-22
Property Sub Type: Office
Listing Agreement: Exclusive Right To Sell
Owner Name: Ulster County
Owner Phone: C/O LR
General Property Information
Number Of Units Total: 23
Living Area: 309120
Accessibility Features YN: Yes
Year Built: 1970
Lot Size Acres: 14.6
Lot Size Dimensions: 14.6
Sign On Property YN: Yes
Disclaimer: The listing broker's offer of compensation is made only to participants of the Hudson Valley Catskill Region MLS.
List Price/SqFt: 16.16
Sold Price/SqFt: 12.94
Remarks and Miscellaneous
Public Remarks: Once built for IBM Corp, then vacated sold divided into individual office suites, 13 finished, some furnished,10 unfinished, 3 bay docks, boiler room, 4 electric stations, 4 multi-stalls restrooms, warehouse, several smaller offices, communication office, north, south, East, West entrances, generator backup for one suite, plenty of work space and storage. unused closed bridge walkway, right off State Rte 209 and 9W. 2023 New Boiler and motor, 2 unused chillers, AC tower, 4 utility cleaning closets with elect. water heaters, sprinkler system, fire alarm, automatic door locks, 6 new entrance heaters. three Elevators one north entrance, west entrance and Freight elevator south dock area.
Status Change Information
Major Change Timestamp: 2024-07-16T16:22:55Z
Major Change Type: Status Change
Status Change Timestamp: 2024-07-16
Purchase Contract Date: 2024-03-06
Close Date: 2024-07-08
Close Price: 4000000
Concessions: No
Buyer Financing: Cash
Book Information
Liber/Book: 7183
Page: 202
Section: 39.82
Income and Expenses
Financials Available Y/N: Yes
Building Features
Number of Loading Docks: 3
Number of Overhead Doors: 3
Ceiling Height: 22
Office SqFt: 300000
Showing Information
Showing Instructions: Call LR
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: LOT-PAVED,Parking Spaces 20+, Age: 41-60
Location Tax and Legal
Street Number: 701
Street Name: Grant
Street Suffix: Avenue
County: Ulster
State: NY
Zip Code: 12401
Town (Taxable): Ulster-Town Of
Property Features
Appliances: Electric Water Heater; Gas Water Heater; Water Heater
Basement: None
Building Features: Private Restroom(s); Elevator(s); Freight Elevator(s); Loading Dock(s); Storage; Doors Over 10 Ft; Doors 10-15 Ft
Business Type: Office Supply; Professional/Office; Warehouse
Construction Materials: Steel Siding
Cooling: Central Air; Heat Pump; Other
Current Use: Warehouse
Electric: 200+ Amp Service
Flooring: Other
Heating: Baseboard; Electric; Forced Air; Heat Pump; Natural Gas; Other; See Remarks
Listing Terms: Cash
Location: Office Park
Lot Features: City Lot; Level
Other Structures: Shed(s)
Security Features: Fire Alarm; Fire Sprinkler System; Security System; Smoke Detector(s)
Sewer: Public Sewer
Showing Considerations: Occupied
Tenant Pays: Electricity
Utilities: Natural Gas Available
Showing Requirements: Call Listing Agent
Sale Includes: Building; Equipment; Fixture(s); Land
Listing Courtesy of Vetere, Karen Real Estate
Listing Agent: Karen Vetere