Listing Courtesy of: Carmen Santos - Santos Realty Group, LLC 914-939-2390
$1,595,000 affordable loan icon Calculate Payment

13 Drake Ave New Rochelle, NY 10805

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Retail Residence
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Last updated on 9/21/2024 9:36 PM
1-3 Drake Avenue & 760-762 Main Street is a Mixed Use Property on Corner Lot, Situated in High Traffic Area- in Central/Prime location, Heavy Foot Traffic, Commuter/Shopper Friendly. 1-3 Drake Avenue and 760-762 Main Street, are 2 Stand Alone Buildings on a Single Lot/Deed. In total there are 3 com...mercial spaces that are currently leased and two 1 bedroom residential units, on month to month basis. 762 Main St (stand alone bldg) 100% re-done in 2013 with new legal use and Rubber Roof included. 760 Main had a New electric heat & AC pump unit installed in 2020, Main St. sidewalk redone in 2023, electrical upgrades and several cosmetic improvements. Zoning: NB/M & NB/B. Wonderful Investment or Development Opportunity, Good Income Producing Property, Gross Income $127,500/year, Total Expenses $36,373/year, Net Operating Income $91,127/year. Some rents below market value. SELLER FINANCING AVAILABLE with 35% Minimum down Payment. Continue reading
MLS#
H6307192
Property Type
Retail
Year Built
1885

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Listing Courtesy of: Carmen Santos - Santos Realty Group, LLC 914-939-2390
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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