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MANHASSET LONG ISLAND NEW YORK
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185 Broadway, Newburgh, NY, 12550 $799,000

Retail Commercial  

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Details ML#: H6322675  

  • # of Families: 5
  • Sale or Rent:Sale
  • Taxes: $9,890
  • Status:Active

Description

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. At one time the ground floor space had a laundromat so there is a 2 water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.

More Property Details

Property Features

Lot Size: 0.0537   Parking Spaces: Yes   Parking Facilities: On Street  

Appliances & Utilities

Heat: Heat Pump, Natural Gas   A/C: Ductless   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $9,890  

Local Area Information

School District: Newburgh   Zoning: BC  

Listing Information provided courtesy of Rand Commercial  845 2943100
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OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS
127 Plandome Road
MANHASSET LONG ISLAND NEW YORK
516.627.4422
ESTABLISHED IN 1946
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