Orangetown, NY 10960

Property

Ownership: For Sale
Type: Multi-Family
Pets: No Pets Allowed
Lot Size: 0.35 Acres

Financials

Price:$2,300,000
Annual Taxes:$29,492.58
505 Park Ave, New York, NY 10022
Listing Courtesy of Metrex Realty INC

Exceptional mixed use investment in the heart of Nyack at 73 75 Cedar Hill Ave.

Description

Exceptional mixed-use investment in the heart of Nyack at 73–75 Cedar Hill Ave. This unique property includes four well-maintained buildings with seven fully rented units: an established car wash with strong local traffic, a building with four residential units, and two additional buildings each with one residential unit. Tenants pay their own electric and gas for cooking; the owner pays for water, and heating is owner-paid for four units. The property offers ample driveway and lot parking, outdoor space, and is located in a high-demand area just steps from downtown Nyack. Ideal for investors seeking income from both residential and commercial units, or a car wash owner looking to operate their business while generating additional rental income. With solid tenants, well-maintained buildings, and significant rental income upside, this is a rare, ready-to-go investment opportunity in one of Nyack’s most desirable locations.

Amenities

  • Cable Connected
  • Corner Lot
  • Electricity Connected
  • Front Yard
  • Natural Gas Connected
  • Near Public Transit
  • Near School
  • Near Shops
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.