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Prime Commercial Investment Opportunity – Fully Occupied Multi-Building Complex Presenting a rare investment opportunity in the heart of Yorktown Heights. This well-maintained commercial complex, situated on 1. 53 acres, features five separate buildings totaling 20 units, offering investors a 100% occupied, income-producing property with solid leases in place and a diverse tenant mix. The property is home to a strong blend of professional and service-oriented businesses including a restaurant, medical offices, professional offices, attorneys, accountants, and a mortgage company, creating consistent daily traffic and long-term tenancy stability. Over the past two years, more than $300, 000 in renovations and capital improvements have been completed. Recent upgrades include a fully renovated driveway, updated mechanical systems, and a new hot water tank and boiler, ensuring the property is well maintained and positioned for continued performance. The professionally maintained campus offers ample parking, landscaped grounds, and a functional layout designed to support a variety of professional and medical uses. Ideally located just minutes from the Taconic State Parkway, the property provides convenient access for commuters and clients traveling throughout Westchester County. The complex is also within close proximity to the shops, restaurants, and services of downtown Yorktown Heights, as well as nearby residential communities and new mixed-use developments that continue to drive local growth and foot traffic. This turnkey commercial investment presents a compelling opportunity for investors seeking stable income, strong tenant demand, and a strategic location in Northern Westchester.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.494.1459
Vincent.DiMella@raveis.com
NMLS Mortgage Loan Originator ID 24240
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,360,000 | $5,360,000 | $5,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.259% | 6.058% |
| Monthly Tax Payment | $10,657 | $10,657 | $10,657 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $30,014 | $32,568 | $44,870 |
| Total Monthly Payment | $40,795 | $43,349 | $55,651 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.