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Cortlandt NY, 10547 $850,000

Retail Commercial  

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Details ML#: H6333699  

  • # of Families: 3
  • Sale or Rent:Sale
  • Taxes: $15,973
  • Status:Active

Description

Prime Mixed-Use Investment Opportunity: This fully occupied mixed-use building presents a rare opportunity for investors seeking a stable, high-performing asset. Offering a competitive 6.3% capitalization rate, this property is ideal for a 1031 exchange, allowing for the deferral of capital gains while securing consistent cash flow. The property is well-maintained and fully leased, ensuring immediate income with minimal management demands. Its diversified tenant base mitigates risk, providing a strong foundation for both long-term appreciation and steady rental income growth. This is a perfect acquisition for an investor looking to maximize returns in a high-demand market. Don’t miss this opportunity to invest in a thriving asset with strong financial performance.

More Property Details

Property Features

Lot Size: 0.12   Parking Spaces: Yes   Parking Facilities: Parking Lot, Unassigned  

Appliances & Utilities

Heat: Oil, Baseboard   A/C: Central Air   Water: Public  

Financial

Taxes: $15,973  

Local Area Information

School District: Lakeland  

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