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Tel: 203.335.6600

225 Phoebe Lane, Delhi, NY 13753

INVESTMENT OPPORTUNITY: Fully Leased Professional Office Building for Sale
PRICE REDUCTION: $550,000.00 $495,000.00

225 Phoebe Lane, Delhi, New York

INVESTMENT OPPORTUNITY - Good Candidate for 1031 Exchange: Fully leased 5,075 RSF mixed-use building with a national dental tenant for sale. The property is conveniently located on Route 28 which intersects with Main Street (Route 10). Overlooking the Catskills Mountains, the two story building is located on 0.62 acres.

Two tenants occupy the building:

  • A local professional occupies the 1,200 RSF Executive Apartment with a kitchen, family room, one bedroom, office, and a full bath.
  • A National Dental Tenant occupies 3,600 RSF which includes a foyer, reception/waiting room, a semi-private office, a consultation room, 6 operatories, a laboratory, a sterilization room, an x-ray area, a conference room, a breakroom, a storage room, two common restrooms, a private office with a full bathroom, and a laundry room which is shared with the Executive Apartment.

The property is 1.7 miles from the SUNY Delhi University with 3,240 students. Neighbors include Delhi Manor Apartments, the Delhi Fire Department, the Delaware County Sheriffs, and Napa Auto Parts.

A bustling town with quaint shops, restaurants, and a golf course, Delhi is in the center of Delaware County in New York. The property is 19 miles from Route 88 which connects to Route 87 in Albany and Route 81 in Binghamton.

The Site
Space Available:5,074 RSF
Total Building Size:5,074 RSF
Land:0.62 acres
Real Estate Taxes:$8,637.00 (2018)
Zoning:R-3
Year Built:2005 (Renovated in 2013)
Construction:Vinyl Siding
Stories:Two
Tenancy:Two
Features
Parking:20 Cars (Paved)
Amenities:Security System, Exterior Lighting
Utilities
Water/Sewer:City/City
A/C:Central A/C on first floor and finished areas of lower level.
Heating:Propane - 4-Zone
Power:Two 200 Amp Service
Updated: 13th November 2019
Contact
Lester Fradkoff
Senior Vice President
203.335.6600, Ext. 28
lfradkoff@angelcommercial.com
No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors,
omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.