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30035111

811 Courtlandt Ave, New York, NY 10451

JP
NY 10991240927
Locqube New York, Inc.
Listed by Locqube New York, Inc.
$1,549,999
96 days on market
Updated 96 days ago

811 Courtlandt Avenue

Details
APN 02418-0021
Property Type Retail, Mixed Use
Sub Type Barber, Beauty
Square Footage 2,760
NOI $110,637
Price per SqFt $562
Year Built 1920
Acreage 0.060
Zoning R7-2

Retail | 2,760 SqFt

Marketing description

Welcome to Concourse Village, a prime investment opportunity featuring a fully renovated property with 7.5 bedrooms and 3.5 bathrooms, thoughtfully designed for today's modern lifestyle. This versatile building includes three updated residential units and a modernized commercial space, offering immediate rental income and long-term growth potential. Each apartment showcases a sleek kitchen with stainless steel appliances, grey quartz countertops, and flint grey cabinetry, complemented by hardwood floors throughout, spacious open-concept living areas ideal for entertaining, and stylishly updated bathrooms. The commercial space on the ground floor has been fully upgraded. The property also offers a spacious backyard, perfect for gardening or outdoor relaxation, and sits adjacent to a picturesque community garden, providing a beautiful, landscaped backdrop. Additional amenities include onsite storage, laundry facilities, and a walkout basement. Ideally located just minutes from the Melrose Metro-North station-with a 30-minute commute to NYC-this property also offers convenient access to major highways, Starbucks, and various dining options. Tenants are responsible for their utilities, and with R7-2 zoning, this property is an excellent opportunity for developers and savvy investors.

Listing Contacts

JP
NY 10991240927
Locqube New York, Inc.
Listed by Locqube New York, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$110,637.00
$9,219.75/mo

Valuation Metrics

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DSCR
7.14%
Cap Rate
7.14%
ROI

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Additional Information

Name
Jeff Pena
License
10991240927
Brokerage
locqube New York, Inc
Brokerage Phone
2129458653
Title
Real Estate Broker
Brokerage Address
780 Morris Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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