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Orangetown NY, 10960 $1,350,000

Mixed Use Commercial  

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Details ML#: H6304713  

  • # of Families: 4
  • Sale or Rent:Sale
  • Taxes: $18,600
  • Status:Active

Description

This outstanding investment opportunity in the heart of Nyack’s downtown includes two buildings in one deal. The first building consists of a storefront with a 3-bedroom apartment above it, while the second building offers a spacious 2-bedroom apartments and a 3 bedroom apartment on the 2nd floor . In total, you have four income-generating units at your disposal, as well as an unfinished basement. Currently, the properties generate a monthly rent roll of $10, 445 but with rental rates below market prices, you can easily increase it to $11, 800. and this projection doesn’t even take into account any potential improvements to the basement. Don’t miss this promising investment right in the heart of Nyack’s bustling downtown!

More Property Details

Property Features

Waterfront Desc: Water Access  

Appliances & Utilities

Heat: Natural Gas, Baseboard, Heat Pump   A/C: Wall Unit(s), Window Unit(s)   Water: Public   Sewer: Public Sewer   Alarm System: Yes  

Financial

Taxes: $18,600  

Local Area Information

School District: Nyack   Zoning: DMU-1  

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