38 S Franklin Street, Nyack, NY, 10960
1900
Atantion investers ! 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 $10,800 but with rental rates below market prices, you can easily increase it to $13,000. and bring it to a 9.5 cap 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
Status:
Pending
Type:
Commercial
Units:
4
Heating:
Baseboard, Heat Pump, Natural Gas
Cooling:
Wall/Window Unit(s)
Basement:
Full
Levels:
2
Parking:
2-car, Attached
Acreage:
0.09
Est. Taxes:
$21,000
Assessment
$150,000
Construction
Frame
Utilities
Natural Gas Available
Lot Description:
Corner Lot
Days on Market:
1
Appliances:
Electric Water Heater
MLS #:
989386
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of eRealty Advisors, Inc 914-712-6330