3 Vans Way - Apartments FOR SALE


Cornwall, NY 12518
$5,500,000 USD
845-596-9104
3 Vans Way, Cornwall, NY for Sale
$5,500,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

3 Vans Way
Cornwall, NY 12518


HIGHLIGHTS

  • BUILDING 1 & 2 (60 CLINTON ST) : 22-7-5.21 (SBL) | 4 APTS / 2 APTS, 2 GARAGES.
  • BUILDING 3 (52 CLINTON ST) : 22-8-1.2 (SBL)| 4 APTS, 4 GARAGES
  • BUILDING 4 (4 VANS WAY) : 22-8-1.12 (SBL) | 4 APTS, 4 GARAGES
  • BUILDING 5 (6 VANS WAY) : 22-8-1.11 (SBL) | 4 APTS, 4 GARAGES
  • BUILDING 6 (3 VANS WAY) : 22-7-5.1 (SBL) | 5 APTS

OVERVIEW

Houlihan Lawrence Commercial is proud to present a FREE MARKET twenty-three (23) unit multi-family investment opportunity located in Cornwall, NY. The offering includes two (2) one bedroom / one bathroom apartments, eighteen (18) two bedroom / one bathroom apartments and three (3) three bedroom / one bathroom apartments. The property contains 6 structures which are upgraded upon vacancy and as needed. There are also 14 garages, storage units, a newly outfitted laundry room, security camera system, sixty (60) on-site parking spaces, and 80% of windows have been replaced. Located around the corner from Main Street and less than 60 miles from Manhattan, this is a great opportunity to acquire a well kept asset with room to grow. 6 BUILDING PORTFOLIO | FREE MARKET APARTMENTS -BUILDING 1, LANDLORD PAYS HEAT AND HOT WATER -BUILDING 2, TENANT IS RESPONSIBLE FOR ALL UTILITIES -BUILDINGS 3,4,5,6 LANDLORD PAYS HOT WATER

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$138 USD /SF

# OF UNITS

23

PRICE/UNIT

$239,130

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FREE MARKET APARTMENTS | 6 BUILDING PORTFOLIO

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael ScrimaHoulihan Lawrence CommercialMore Info
845-596-9104

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Michael ScrimaHoulihan Lawrence CommercialMore Info
845-596-9104

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