Apt: Middleburgh
Out of Area, NY 12122

Property

Ownership: For Sale
Type: mixed-use
Pets: Pets No
Lot Size: 0.04 Acres

Financials

Price:$449,000
Annual Taxes:$3,286
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of Keller Williams Hudson Valley

Description

Step into a proven income-producing opportunity! This 2,516 sq ft mixed-use building features three revenue-generating units with long-term tenants in place. Spacious 2-Bedroom Apartment (1,258 sq ft): Occupied by a reliable long-term tenant. Two Storefronts: Value Village Wine & Liquor – thriving, established wine & liquor store included in the sale with strong community presence for more than 36 years! Business grosses $525K+ annually, with $100K+ in inventory, POS system, security cameras, and business name all included for a true turnkey transition. Pet Groomer – loyal, long-term tenant who would like to stay. With a combined NOI of $69,751 and an impressive 15.53% cap rate, this property offers exceptional returns whether you’re an investor looking to expand your portfolio or an owner-occupant seeking a steady income stream. Located in the heart of Middleburgh, NY, this is a rare opportunity to own both a successful wine & liquor business and a fully leased income property with immediate cash flow.

Amenities

  • Cleared
  • Electricity Connected
  • Electric Oven
  • Level
  • Refrigerator
  • Security System
  • Sewer Connected
  • Smoke Detectors
  • Water Connected

Step into a proven income producing opportunity !


Long Island MLS

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