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3080 Lexington Avenue Cortlandt Manor NY, 10547
$850,000
  • Under Contract
  • Retail
  • ML# H6333699

Property Details

Overview

Prime Mixed-Use Investment Opportunity:This fully occupied mixed-use building presents a rare opportunity for investors seeking a stable, high-performing asset. Offering a competitive 6.3% capitalization rate, this property is ideal for a 1031 exchange, allowing for the deferral of capital gains while securing consistent cash flow.The property is well-maintained and fully leased, ensuring immediate income with minimal management demands. Its diversified tenant base mitigates risk, providing a strong foundation for both long-term appreciation and steady rental income growth.This is a perfect acquisition for an investor looking to maximize returns in a high-demand market. Don’t miss this opportunity to invest in a thriving asset with strong financial performance. Additional Information: HeatingFuel:Oil Above Ground,

Key Facts

  • Lot Size: 0.12
  • Taxes: $15,973
  • Sale or Rent: Sale
  • School District: Lakeland
  • Zoning: c

Additional Features

  • Parking Spaces: Yes
  • Parking Facilities: Parking Lot, Unassigned

Interior & Utilities

  • Heat: Oil, Baseboard
  • A/C: Central Air
  • Water: Public

Financial

  • Taxes: $15,973
  1. Presented by

    Brian Phillips Team - Douglas Elliman

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Listing Information provided courtesy of Houlihan Lawrence Inc. OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS