38 S Franklin ST new Save Request In-Person Tour Request Virtual Tour
Nyack,NY 10960
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 859800
Rental Info No
Year Built 1900
Annual Tax Amount $21,970
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Multi Family
Source onekey2
Property Description
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 two spacious 2-bedroom
apartments. 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 $10,500, which makes it an over 8.5 cap rate on the net income. Don't miss this promising investment right in the heart of Nyack's bustling downtown!
Location
State NY
County Rockland County
Rooms
Basement Partially Finished,Storage Space,Walk-Out Access
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Waterfront Description River Access
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None