38 S Franklin Street Nyack, NY 10960
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, 445 but with rental rates below market prices, you can easily increase it to $11, 800. 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!
- Property TypeCommercial
- NeighborhoodN/A
- CountyRockland
- Taxes$18,600
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID NumberH6304713
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Public Sewer
- Water Public
- Zoning DMU-1
- Property Sub Type Mixed Use
Interior Features
- Cooling Wall Unit(s)Window Unit(s)
- Heating Natural GasBaseboardHeat Pump
Exterior Features
- Waterfront Property Yes
- Waterfront Features Water Access
Community Features
- Township Orangetown