Listed by McGrath Realty Inc Hopewell Junction
$1,300,000
Mixed Use Village Property
Details
APN 133001-6155-07-738895-0000
Property Type Mixed Use, Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 6.8%
NOI $88,358
Tenancy Multi
Lease Type Modified
Year Renovated 2024
Buildings 1
Stories 2
Acreage 0.330
Zoning LHC/S
Mixed Use | 6.80% CAP
Marketing description
McGrath Realty Inc is pleased to present a mixed-use building located in the Village of Fishkill, adjacent to Main St. Strong long term tenants and excellent cash flow. First floor tenant is a long term office use backed by a municipality and the second floor unit is a large 3 bedroom 1 bath apartment that was recently updated and consistently rented. NOI is projected to be $88,358 for 2025, financials and rent roll available upon request. Additionally, there is a barn on site that is grandfathered in and can be finished for additional rental space and income.
Investment highlights
Village Property
Strong Income
Stable Tenants
Excellent Location
Potential for Expansion
Listing Contacts
Listed by McGrath Realty Inc Hopewell Junction
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,358.00
$7,363.17/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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