Christie's Int. Real Estate
Listed by Christie's Int. Real Estate
$1,900,000
161 S Pearl Street
Details
APN 392489-072-007-0001-020-000-0000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 7
NOI $112,170
Year Built 1964
Buildings 2
Acreage 0.280
Zoning CO
Multifamily | 7 Units
Marketing description
Great INVESTMENT opportunity in the heart of Pearl River. This 7 unit apartment building also includes an income generating detached 5 double car garage (all separate doors).
5 units are 1 bed / 1 bath, 2 units are 1 bed plus bonus room / 1 bath.
Private rear patio and plenty of off street driveway parking. Basement area includes coin operated building laundry and individual locked storage rooms for the residents. There is also an additional locked large storage basement area with separate exterior entrance.
Note that there is one gas meter for the building. Currently landlord pays gas for tenant oven/stove and baseboard heating, laundry machines and common area electric and all water / sewer charges.
Only 1/2 mile distance to Pearl River train station and conveniently located near the bustling downtown district of Pearl River with its many restaurants, cafes and shops.
Total building tax amount (school and town/county) based on 2025-2026, approximately $43,011.
Buyer to confirm taxes.
Listing Contacts
Christie's Int. Real Estate
Listed by Christie's Int. Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$112,170.00
$9,347.50/mo
Valuation Metrics
0
DSCR
5.9%
Cap Rate
5.9%
ROI
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Property History
Tax History
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