Spruce Realty
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1256 North Avenue, Beacon, NY, 12508 $2,625,000

Multi Family Commercial , 8100 SqFt 

Property Picture
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Details ML#: H6302056  

  • # of Families: 21
  • Sale or Rent:Sale
  • Year Built: 1950
  • Taxes: $26,000
  • Status:Active

Description

Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments.

More Property Details

Room Information

Bedroom: 21   Full Bath: 11  

Property Features

Lot Size: 0.43   Lot Sq Ft: 18731   Approx. Int. Sq. Ft.: 8100.00   Parking Spaces: Yes   Parking Facilities: Off Street, Parking Lot  

Appliances & Utilities

Heat: Electric   A/C: Wall/Window Unit(s)   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $26,000  

Local Area Information

School District: SOUTH AVENUE SCHOOL  

Listing Information provided courtesy of Keller Williams Valley Realty  (201) 391-2500
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