$2,375,000
$2,499,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 12/14/2023
Key Details
Sold Price $2,375,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID KEYH6234378
Sold Date 12/14/23
HOA Y/N No
Originating Board onekey2
Rental Info No
Year Built 1940
Annual Tax Amount $51,653
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Multi Family
Property Description
This is an exceptional opportunity to own a unique property with approximately 10,253 sq. ft. of combined residential and retail space, located in the heart of Pearl River. With seven residential units, including a studio, one 3-bedroom, one 4-bedroom, two 1-bedrooms, and two 2-bedrooms, this property generates excellent rental income, which could be increased as current rents are below market value. Additionally, four retail stores, comprising a hair salon, barber shop, restaurant/café, and laundromat, ensure additional income streams. The property also features four garages at the back of the building. This highly desirable property is conveniently located close to shops and all transportation. Please note, do not enter the units, approach tenants with questions, or walk the property. Act quickly, as this rare find won't last long. Additional Information: ParkingFeatures:4+ Car Detached,
Location
State NY
County Rockland County
Interior
Heating Natural Gas, Radiant, Steam
Cooling Central Air
Fireplace No
Appliance Refrigerator, Gas Water Heater
Exterior
Parking Features Assigned, Detached, Garage, Off Street, On Street, Parking Lot, Private
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Pearl River
Others
Special Listing Condition None
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Bought with Coldwell Banker Realty