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19 photos
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$2,699,999
Est. payment /mo
19 Beds
13 Baths
8,000 SqFt
UPDATED:
01/23/2024 03:40 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $337
Bedrooms 19
Full Baths 13
Lot Size 1.201 Acres
Property Description
The newest available investment opportunity in Northern Westchester. These bungalow style apartments are on a sizable lot right in the heart of Mohegan Lake. Located in an extremely desirable location, adjacent to the popular Cortlandt Town Center and newly built Shop-rite shopping center. This property includes 11 residential units, one office with a bathroom and storage, two rent-able garages, parking lot for tenants and commercial vehicles. This whole complex is fully occupied. All roofs, electrical and utilities are recently upgraded as well as most apartments. Existing pro-forma income and expenses yield a total net operating income of $166,000 annually. The total area is 1.3 acres. Demographically this property is located close to local transportation, high level education, employment and income. The list goes on with a great investment opportunity you don't want to miss.
Location
State NY
County Westchester
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Listed by Valerio Santucci • Link NY Realty
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Valon Nikci
CEO & Principal Broker | License ID: 10991208180
CEO & Principal Broker License ID: 10991208180