2310 Route 22
About This Property
Zoned C-1 Commercial, the site allows for a wide range of permitted uses, making it ideal for investors, developers, or owner-users. Permitted uses include (but are not limited to) self-storage facilities, office buildings, banks, fast-food or full-service restaurants, fitness clubs, greenhouses, and other commercial ventures.
The expansive acreage, combined with strong road presence and versatile zoning, provides a blank canvas for a variety of commercial concepts in a growing Putnam County market. Conveniently located with access to surrounding towns and major roadways, this property presents a compelling opportunity for future development along one of the area's main commercial corridors.
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$250,000
↓ $70K
(21.9%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$320,000
↓ $60K
(15.8%) | |
| Price Decreased | |||
| Jul 7, 2026 | Relisted | $380,000 | |
| Relisted | |||
| Jul 1, 2026 | No longer available | - | |
| No longer available | |||
| Feb 21, 2026 | Price Decreased |
$380,000
↓ $70K
(15.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017