Mount Hope, NY 10963

Property

Ownership: For Sale
Type: Multi-Family
Lot Size: 2.9 Acres

Financials

Price:$1,500,000
Annual Taxes:$22,405.95
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Hudson Valley

Mixed Use Investment Opportunity Otisville, NY Well maintained 6 unit mixed use building totaling approximately 6, 000 sq ft situated on a 2.

Description

Mixed-Use Investment Opportunity – Otisville, NY Well-maintained 6-unit mixed-use building totaling approximately 6,000 sq ft situated on a 2.9-acre lot. The property is pre-approved to build an additional 5,500+ sq ft, 4-unit building with a drive-through, offering excellent expansion and development potential. The property is fully occupied and includes: One owner-occupied 3-bedroom, 2-full-bath apartment A coffee shop A fully equipped restaurant A hair salon An adult daycare A martial arts studio This neighborhood strip center is located next to Otisville Elementary School in the Village of Otisville, and approximately 3 miles from the Otisville train station with service to New York City. The building is in excellent condition and features 40+ parking spaces, providing convenient access for customers and tenants. An ideal opportunity for an owner-operator or investor looking to grow a business while generating rental income in a thriving community.

Amenities

  • Electricity Connected
  • Propane
  • Sewer Connected
  • Trash Collection Private
  • 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.