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$ 850,000
Est. payment /mo
Active
3080 Lexington AVE Cortlandt Manor, NY 10547
UPDATED:
10/22/2024 07:37 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6333699
Originating Board onekey
Rental Info No
Annual Tax Amount $15,973
Property 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.
Location
State NY
County Westchester
Zoning c
Interior
Heating Oil, Baseboard
Cooling Central Air
Fireplace No
Building
Water Public
Schools
School District Lakeland
Others
Special Listing Condition None
Listed by Houlihan Lawrence Inc. • 914-962-4900