215 Lexington - Apartments FOR SALE


Mount Kisco, NY 10549
$2,850,000 USD
203-623-4600
215 Lexington, Mount Kisco, NY for Sale
$2,850,000 USD
Apartments - FOR SALE
1/1
null | 4.21% Cap Rate

215 Lexington
Mount Kisco, NY 10549


OVERVIEW

This is a prime redevelopment opportunity in Mount Kisco, New York. 215 Lexington Avenue currently has 4 residential units and 2 commercial spaces. Projected income and expenses without vacancy yield a net operating income of approximately $111,740. The property also has three townhomes fully approved for the site – site plans, elevations, floor plans, and landscaping plans are available, thus making this property an exceptional value add play. All utilities on site, parking for the new development finished. Very convenient location, at about one-quarter mile from Main Street, bus line, and restaurants, one-half mile to Northern Westchester Hospital, and just over one-half mile to the Mount Kisco Metro North railroad station. About one mile to Saw Mill River Parkway interchange and Mount Kisco Country Club. Major employers of the area include CareMount and Curtis Instruments.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$885 USD /SF

# OF UNITS

6

PRICE/UNIT

$475,000

CAP RATE

4.21%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

CN

APN/PARCEL ID

5601-080-032-00004-000-0006

ASK ABOUT THIS PROPERTY

Gregory WalwerAcademic Co-Realty ServicesMore Info
203-623-4600

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Gregory WalwerAcademic Co-Realty ServicesMore Info
203-623-4600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.