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Property Description

This exceptional investment opportunity features a mix of residential and commercial properties, ideal for income generation and future development. The portfolio includes a five-bedroom main house with a renovated kitchen and living areas, a duplex with a one-bedroom unit and a two-bedroom unit, and a separate cottage with its own amenities. Additionally, a bar/restaurant, currently non-operational and in need of renovations, presents a chance for significant value enhancement. Above the bar, there are two residential units. The property offers ample land with parking for 10-15 cars near the bar/restaurant and additional spaces for the duplex, enhancing accessibility for customers. Located near Osceola Lake, this portfolio benefits from recreational appeal, making it attractive. With existing leases in place, the investment boasts strong income potential and a cap rate of 6.4%. Also includes adjacent property at 3764 Wood St Tax ID 55540000601700010710000000 Additional Information: HeatingFuel:Oil Above Ground,

Features
Heating System:
Oil, Hot Water, Propane
Cooling System:
Central Air
Address Map
City:
Yorktown
State:
NY
County:
Westchester County

Commercial Sale For Sale

412 E Main Street, Yorktown, NY

$1,650,000
Listing ID #H6334911
Basic Details
Property Type :
Commercial Sale
Listing ID :
H6334911
Price :
$1,650,000
Year Built :
1973
Listing Office :
Howard Hanna Rand Realty
Listing Agent :
Drita V. Shala
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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