28
Map
1132 Old Route 17
About This Property
Attention investors and entrepreneurs: seize this rare opportunity to own nearly 6 acres in total of commercially zoned land with unbeatable visibility and strategic positioning. This property is situated directly on Route 17-soon to be redesignated as Interstate 86-and offers exceptional accessibility, perfectly positioned between both Route 17 and Old Route 17. Just under a mile from the highway entrance and less than 2 miles from Garnet Health Medical Center and the regional UPS distribution hub, this location places you at the heart of one of the Catskills' most active and growing commercial corridors. This location is the future hotspot with warehouses on the drawing board in much of the surrounding area.
Originally a residential 3-bedroom home, the building has been thoughtfully renovated and is now ideally suited for office use. The interior features stylish shiplap walls, a soaring cathedral ceiling, a spacious full bathroom, and three flexible rooms that are perfect for private offices, a conference space, or client meeting areas. A full basement with a garage provides excellent storage or expansion possibilities. Use the upstairs and rent the lower portion- Full Walkout Basement and Garage or use if for your own business.
The property's expansive layout and level terrain offer endless potential: rent out the existing renovated office space for immediate income while developing an additional building on the ample open land. A generously sized parking lot provides convenience for both staff and visitors.
With high visibility, proximity to key infrastructure, and room to expand, this is a standout investment opportunity for a visionary buyer. Commercial/industrial parcels of this size and location are becoming increasingly scarce-don't miss your chance to secure a foothold in a rapidly developing area.
The billboard on the property will not be conveyed with the sale; this billboard faces Old Route 17~ Broker discloses interest*
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$399,900
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 9, 2026 | Relisted | $414,500 | |
| Relisted | |||
| Jul 5, 2026 | No longer available | - | |
| No longer available | |||
| Jun 16, 2026 | Price Decreased |
$414,500
↓ $15K
(3.6%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$429,900
↓ $20K
(4.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017