422-430 Main St - Storefront Retail/Residential FOR SALE


Beacon, NY 12508
$6,500,000 USD
203-273-2036
422-430 Main St, Beacon, NY for Sale
$6,500,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

422-430 Main St
Beacon, NY 12508


HIGHLIGHTS

  • Located in Hudson Valley Hot Spot
  • In Place Rent

OVERVIEW

As exclusive sales agent Avison Young, in partnership with Quinn Realty Group, is pleased to offer for sale 422-430 Main St. Beacon, NY (the “Property”). The property consists of two adjacent mixed-use buildings: A.) the fully furnished 4-story 12-unit ‘Beacon Studio Apartments’ fully renovated in 2022 with kitchen and private bath, above a ground floor restaurant, and B.) 26 single-room occupancy (SRO) units on the upper floors above three retail spaces. Seven of the 26 SROs have private bathrooms and the remaining 19 share nine common bathrooms. The property is fully-leased.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$272 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beacon Studio Apartments

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

GB

APN/PARCEL ID

130200-6054-29-062771-0000

ASK ABOUT THIS PROPERTY

Will SuarezAvison YoungMore Info
203-273-2036

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Will SuarezAvison YoungMore Info
203-273-2036

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