68-72 Benson st - Apartments FOR SALE


West Haverstraw, NY 10993
$1,995,000 USD
845-323-9177
68-72 Benson st, West Haverstraw, NY for Sale
$1,995,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

68-72 Benson st
West Haverstraw, NY 10993


OVERVIEW

68-72 Benson Street in West Haverstraw presents a rare opportunity to acquire a well-maintained multifamily investment property being marketed for the first time in over 20 years. The offering consists of a 3-building, 2-lot apartment complex featuring 6 residential units and 9 on-site parking spaces. The property provides investors with a strong multifamily asset in an established Rockland County rental market, with the added benefit of dedicated parking. Ownership has completed extensive capital improvements over the years, including a newly paved parking lot, a new roof, and multiple renovated apartments, among other upgrades. These improvements help reduce near-term capital needs while enhancing the overall appeal and functionality of the property. With its long-term ownership history, multiple buildings, separate lots, on-site parking, and completed capital improvements, 68-72 Benson Street offers a compelling opportunity for investors seeking a stabilized multifamily asset with long-term upside. New parking lot in 2025 three of six units renovated 2025 and 2026. 1 1/2 roofs of three buildings replaced 2025 and 2026. All furnaces and water heaters have been replaced over the last 5 to 10 years as needed.

FOR SALE DETAILS

PRICE

$1,995,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

9

PRICE/UNIT

$221,667

CAP RATE

Request Cap Rate

% 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

0.09 AC

LAND SF

3,920 SF

ZONING

303

APN/PARCEL ID

392203-020-020-0001-006-000-0000

ASK ABOUT THIS PROPERTY

Jason HorowitzTriforce Commercial Real Estate LLCMore Info
845-323-9177

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Jason HorowitzTriforce Commercial Real Estate LLCMore Info
845-323-9177

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