268 Hervey Street Road

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268 Hervey Street Road

Durham, NY 12423
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site consists of 34.19 acres of commercial land.
  • Located in the town of Durham in New York.
  • This parcel features significant development potential for diverse uses.
  • The property is situated within the Catskill region.
  • The asset is available for purchase on the market.

What's Special

This commercial land spans 34.19 acres in Durham, New York. Positioned within the Catskill region, this site benefits from the area's ongoing appeal as a hub for tourism, outdoor recreation, and regional commerce. The scale of the property allows for significant development potential, ranging from hospitality projects to specialized commercial infrastructure tailored to the local market needs. Investors and developers will find a sizable footprint suitable for diverse land-use applications. The geography of this Durham parcel provides accessibility for regional operations while maintaining the characteristics of this growing market in the state. Prospective buyers can explore long-term strategies for site development that align with the commercial growth trends seen across this part of the Catskills.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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