38 S Franklin St

Nyack, NY 10960
  • $1,300,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing APPWOL - 34496

Atantion investers ! 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 a spacious 2-bedroom apartments and a 3 bedroom apartment on the 2nd floor . 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 $10,800 but with rental rates below market prices, you can easily increase it to $13,000. and bring it to a 9.5 cap and this projection doesn't even take into account any potential improvements to the basement. Don't miss this promising investment right in the heart of Nyack's bustling downtown

Listing Highlights

Status Active
Days on Site 1
Property Type Commercial Sale
MLS ® 989386
Year Built 1900
Total Square Footage 0
Lot/Acreage 0.09

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Electric Water Heater
  • Air Cond: Wall/Window Unit(s)
  • Heating: Baseboard,Heat Pump,Natural Gas
  • Fireplaces:
  • Floor: Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot,No Waterfront
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof:
  • Others: Estimated
  • Sewer: Public Sewer
  • Parking Features: Attached

Financial Details

  • Tax Amount: $21,000
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 392403-066-037-0002-050-000-0000
  • Tax Year: N/A

Payment Calculator

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Questions About..

38 S Franklin St Nyack, NY 10960

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Originating MLS: onekey2

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