2505 New York 206

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2505 New York 206

Greene, NY 13778
Asking Price
$425K
Asset Type
Distribution Industrial
Class
Class B

What's Special

Located at 2505 New York 206 in Greene, this industrial property is situated within a rural-industrial corridor in Chenango County. The site offers direct frontage on State Highway 206, providing a logistical link to Interstate 81 and the regional hub of Binghamton. The surrounding neighborhood is characterized by a mix of heavy manufacturing, agricultural operations, and local service businesses. Nearby amenities in the village of Greene include essential retail, fuel stations, and local administrative offices. The location benefits from a regional workforce familiar with large-scale production, driven by the proximity of major aerospace and manufacturing corporate headquarters nearby. The property is suited for use as a regional distribution center, light manufacturing facility, or heavy equipment storage site. Its layout and accessibility support tenants requiring expansive floor plates, high clearance heights, and dedicated loading areas. Ideal occupants include third-party logistics providers, specialized assembly firms, or construction material wholesalers seeking a satellite location between major upstate New York markets. The expansive lot size and highway connectivity make it a functional choice for companies prioritizing transit efficiency and outdoor storage capacity within the Southern Tier economic region.

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NOI
$80,000
Cap Rate
18.82%
DSCR
3.17
Strong
Cash-on-Cash
42.96%
Monthly Payment
$2,102.668
Annual Cash Flow
$54,767.983

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