4203 Route 145

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4203 Route 145

Durham, NY 12422
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in Durham, New York.
  • The property encompasses 59 acres of developable land.
  • Situated within the accessible landscape of Greene County.
  • Suitable for hospitality, recreational, or commercial site development.
  • Located near Route 145 for regional connectivity.

What's Special

This 59-acre commercial land parcel in Durham, New York, is available for sale, providing a significant footprint for investors or developers seeking to capitalize on a growing regional market. Situated in a scenic part of the Catskills, the property offers ample space for varied commercial development projects that require substantial acreage. The surrounding Greene County area maintains a steady economy, benefiting from regional tourism and its accessibility to larger upstate New York hubs via nearby state routes. Potential buyers might consider this site for recreational businesses, hospitality ventures, or other commercial enterprises that benefit from a rural setting with strategic proximity to regional transit corridors. The open land presents a flexible canvas for long-term planning and site-specific infrastructure improvements tailored to a project's operational requirements.

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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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