Somerset Canal St. Owners Acquires Retail Property In Ellenville For $400K

90 Canal St. in Ellenville has been sold in a recent transaction. The asset involved in the deal is a retail property located at that address. The property spans 8,362 square feet and was sold for a price of $400,000, resulting in a price per square foot of $47.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $400,000
• Address: 90 Canal St., Ellenville
• Market: Ellenville

The buyer in this transaction is Somerset Canal St. Owners, represented by Keith Rubenstein. The brokers involved in the deal are Jim Duffy from Davis Commercial and Andrew Roth from Somerset Real Estate LLC.

It is worth noting that 90 Canal St., formerly known as the Ellenville National Bank, will be restored for retail use as part of a $400 million mixed-use master planned hotel, residential, and wellness project.