3288 FRANKLIN AVENUE
V. Millbrook, New York NY 12545
$1,650,000 Price
ACTIVE Status
12,500 Square Feet
0.200 Acres
357504 Listing ID
Mixed use building, located in the center of Millbrook's retail street. 7 apartments, 7 offices with small conference room, kitchenette, and 2 bathrooms, 3 retail spaces with 65 ft of frontage. Great exposure with good foot traffic. Tenants include Berkshire Hathaway HS, The Millbrook Cafe (a local favorite) and a doctor's office providing beauty enhancment services. Income consistent as is occupancy. Owners' have invested in extensive upgrades to systems as well as interior cosmetics and lay-out.
Schedule Showing Virtual Tour
Status ACTIVE
County Dutchess County
Year Built 1920
Property Type Commercial/Industrial
Commercial/Industrial
Property Sub Type Retail

Primary Features

Agricultural District: no
Area: DUTCHESS COUNTY
Construction: Frame
Cooling: Central Air, Window Unit(s), Zoned
County: Dutchess County
Electricity: 110 Volts, 200+ Amps, 220 Volts, Fuses
Number Units: 17
Parking/Garage: 3+ Cars, Off Street
Property Sub Type: Retail
Property Type: Commercial/Industrial
Sale/Rent: For Sale
Tax Amount: 20984
Township: V. Millbrook
Year Built: 1920
Zoning: GB

Interior Features

Heating: Hot Water, Oil, Radiators, Zoned
Number of Stories: 2
Office SqFt: 3000
Residential SqFt: 5000
Retail SqFt: 4500

Financial Details

Assessed Value: 893300
Electric Expense: 1980
Exemption: None
Fuel Expense: 7700
Gross Income: 186000
Insurance Expense: 8015
Land Tax: 3906
Maintenance Expense: 17800
Management Expense: 1650
Net Income: 118000
Other Expense: 976
Other Expense Name: TRASH
Percent Leased: 100
School Tax: 13118
Search Price: 1650000
Tax Year: 2016
Village Tax: 3960
Water/Sewer Expense: 6650

Location Information

Address Search Number: 3288
Directions: Center of Millbrook Village just east of the light on right.
Elementary School: Alden Place Elementary School
High School: Millbrook High School
Location: Downtown
Middle School: Millbrook Junior HS
Post Office: MILLBROOK
Road Frontage: County Road
School District: Millbrook Central

Additional

Business Included: no
Buy Agent Author: yes
Current Use: GENERAL RETAIL
DOM: 172
DOMLS: 171
List Type: Exclusive Right to Sell
Negotiate Through: Listing Broker
Number of Tenants: 17
Occupied: Tenant
Other: Agent/Owner
Square Ft Source: Approximate
Status Category: Active
Vacancy Factor: 5
Zoning Description: GB

External Features

Foundation: Stone
Frontage Feet: 65
Roof: Rubber
Water/Sewer: City Sewer, City Water

Zoning Info


Listing courtesy of BHHS MILLBROOK REAL ESTATE ML
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Contact - Listing ID 357504

Max Goodwin

pobox 7
millbrook, NY 12545
Phone: 8456773525

Data services provided by IDX Broker
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