2 School House Road Pine Island, NY $ 1,150,000
2 School House Road
$ 1,150,000
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2 School House Road

Pine Island, NY, 10969
$ 1,150,000
Baths0.0

Monthly Estimate*

$ 7,643

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Studio

Commercial Property for sale in Pine Island, NY

for $1,150,000. This building was built in 1950.

Instant Cashflow! Highly Visible, Accessible & Convenient location for this beautiful, historic, mixed-use commercial property. 8.6% Cap rate, as presented in the financial summary. Fully occupied, this building is on the corner of County Route 1 and Schoolhouse Road in the heart of Pine Island. The location couldn't be better, with easy access to main roads and excellent corner visibility. With 4 separate office spaces, 2 separate garage units, 2 retail spaces (1 including large drive-in garage door access), and 1 residential apartment, this property delivers! Property to be shown only after submission of offer based upon financials and upon receipt of POF and/or lender approval. Square Footage Details, Rent Roll and Expense details are provided in documents. Beautiful and historic, this three-level building sits prominently at the corner of County Rt 1 and Schoolhouse Road. Owner will consider holding paper for qualified buyers with significant down payment.

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Commercial Active

Price

$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,630

Style

Year Built

1950

Town/City

Pine Island

County/Region

Orange

MLS | Web ID

H6296762

Features
General
High School District Warwick Valley
Middle/Junior School District Warwick Valley
Elementary School District Warwick Valley
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* Excluded Features
List By
Vikki Garby

Listing Agent

Green Team Commercial

Broker

Vikki.Garby@gmail.com

Email

Affordability Calculator

$8,612
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,643
Monthly Property Taxes
$969
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4100430 Elementary School
4100087 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/25/2024$1,150,000 Listed Price

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2 School House Road, Pine Island, NY, 10969 is a Commercial Property for sale at $1,150,000. 2 School House Road is a studio with 0.0 baths and was built in 1950. The property's zip code is 10969 which is in Pine Island, NY