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2452 State Route 207 3,112 SF 100% Leased Retail Building Campbell Hall, NY 10916 $948,000 ($304.63/SF) 7.62% Cap Rate
INVESTMENT HIGHLIGHTS
- Successful and established Pizzeria with 5 year lease and renewal options
- Road frontage on NY State Route 207
- Two leased apartments
- 14 Parking Spaces
EXECUTIVE SUMMARY
Prime investment opportunity in Campbell Hall! This well-maintained mixed-use property is ideally located on the highly traveled Route 207, offering excellent visibility and steady traffic flow. The building features a successful, long-established pizza restaurant with a full commercial kitchen, dining area, and restroom facilities—currently operating under a 5-year lease with a 5 year renewal option. You will also find two fully leased residential apartments: a 4-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit—each with separate electric meters and tenants paying their own utilities. The property also includes a private well, septic system, and a small office space perfect for an owner or additional rental use. With a strong rental history and total annual gross income of approximately $90,000, this property presents an exceptional opportunity for investors seeking stable returns in a desirable Hudson Valley location. Conveniently situated near major highways, local businesses, and area amenities, 2452 Route 207 combines consistent income, prime exposure, and long-term potential.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$90,000
|
$28.92
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$90,000
|
$28.92
|
| Taxes |
$6,807
|
$2.19
|
| Operating Expenses |
$5,200
|
$1.67
|
| Total Expenses |
$12,007
|
$3.86
|
| Net Operating Income |
$77,993
|
$25.06
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $28.92 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $90,000 |
| Annual Per SF | $28.92 |
| Taxes | |
|---|---|
| Annual | $6,807 |
| Annual Per SF | $2.19 |
| Operating Expenses | |
|---|---|
| Annual | $5,200 |
| Annual Per SF | $1.67 |
| Total Expenses | |
|---|---|
| Annual | $12,007 |
| Annual Per SF | $3.86 |
| Net Operating Income | |
|---|---|
| Annual | $77,993 |
| Annual Per SF | $25.06 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,112 SF
Building Class
C
Year Built
1975
Price
$948,000
Price Per SF
$304.63
Cap Rate
7.62%
NOI
$72,260
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.28 AC
Zoning
NB*, 480 - Multiple Uses
AMENITIES
- Restaurant
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Antonella's Pizzeria
- Accommodation and Food Services
- -
- -
- Modified Gross
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Antonella's Pizzeria | Accommodation and Food Services | - | - | Modified Gross | - |
PROPERTY TAXES
| Parcel Number | 333489-007-000-0001-051.200-0000 | Total Assessment | $228,500 (2024) |
| Land Assessment | $25,700 (2024) | Annual Taxes | $6,807 ($2.19/SF) |
| Improvements Assessment | $202,800 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
333489-007-000-0001-051.200-0000
Land Assessment
$25,700 (2024)
Improvements Assessment
$202,800 (2024)
Total Assessment
$228,500 (2024)
Annual Taxes
$6,807 ($2.19/SF)
Tax Year
2025
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2452 State Route 207
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