529–533 Route 52 is a 23-unit mixed-use property located in Carmel, NY consisting of 11 apartments and 12 commercial units across three buildings. The property produces approximately $559K in gross annual income with an in-place NOI of approximately $403K. Ownership has maintained strong occupancy while keeping several residential units below market, creating a clear value-add opportunity for investors. Pro forma NOI is projected at approximately $470K+ through residential rent increases and lease turnover. Additional upside may exist through a future land/cell lease opportunity. The property is located directly on Route 52 with strong visibility and a diversified tenant mix of residential, retail, office, and service users. Seller financing may be available for qualified buyers.