Exceptional opportunity to acquire a well positioned mixed use commercial and residential property in the heart of the highly sought after Village of Piermont, NY.


Property

Website:https://www.nestseekers.com/5685892
Address:
Orangetown, NY 10968
Ownership: For Sale
Type: mixed-use
Lot Size: 0.1 Acres

Financials

Price:$3,699,000
Annual Taxes:$51,764

Description

Exceptional opportunity to acquire a well-positioned mixed-use commercial and residential property in the heart of the highly sought-after Village of Piermont, NY. This all-brick building offers an attractive combination of residential and commercial income with strong tenant occupancy, making it an excellent investment opportunity. The property features 8 residential apartments, consisting of four one-bedroom apartments and four studio apartments, along with three ground-floor commercial storefronts, providing multiple income streams within one property. Ideally located just steps from the Piermont waterfront and surrounded by the Village’s popular award-winning restaurants, cafés, art galleries, shops and recreational amenities. Nearby Tallman Mountain State Park offers hiking, biking and outdoor recreation, while the Hudson River and Piermont Pier contribute to the unique waterfront lifestyle that continues to make Piermont such a desirable destination. With its all-brick construction, strong occupancy, 11 residential and commercial units, prime Village location and proximity to the Hudson River, 510 Piermont Avenue represents a compelling opportunity for investors seeking an income-producing mixed-use asset in one of Rockland County’s most distinctive river communities.

Amenities

  • Bridge(s)
  • Electricity Connected
  • River
  • Sewer Connected
  • Water Connected

Contact

2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932
Listing Courtesy of Roundhouse Properties LLC