74-78 South Moger Ave
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74-78 South Moger Ave
6,200 SF 100% Leased Retail Building Mount Kisco, NY 10549 $3,600,000 ($581/SF) 8% Cap Rate
Investment Highlights
- Prime Downtown Property Portfolio for Sale with 4 separate buildings
- Residential Apartments: 6 well-appointed apartments, each designed for comfort and convenience
- Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams
- Exceptional Investment Opportunity with 6 Residential Units, 1 Very Large Multi Office Business Space, Detached Commercial Space, Oversized Barn Garag
- Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses
- This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location
Executive Summary
Prime Downtown Property Portfolio for Sale with 4 separate buildings: Exceptional Investment Opportunity with 6 Residential Units, 1 Very Large Multi Office Business Space, Detached Commercial Space, Oversized Barn Garage, and a Newly Built Private Parking Lot!
Remarkable investment opportunity and first time on the market- this expansive portfolio of 4 buildings, ideally situated adjacent to the train station in the heart of downtown. This prime location boasts 6 spacious residential apartments and two thriving commercial spaces, offering a perfect blend of urban living and business potential.
Key Features:
• Prime Location: Steps away from the train station, ensuring easy access for residents and customers alike. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance.
• Residential Apartments: Seven well-appointed apartments, each designed for comfort and convenience
• Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area.
• Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams. Capitalize on the demand for housing and business space in a rapidly growing downtown area in bustling Mt Kisco.
• Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses.
This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don’t miss out on this opportunity to own Mt Kisco- known as the Big Little Village!
Remarkable investment opportunity and first time on the market- this expansive portfolio of 4 buildings, ideally situated adjacent to the train station in the heart of downtown. This prime location boasts 6 spacious residential apartments and two thriving commercial spaces, offering a perfect blend of urban living and business potential.
Key Features:
• Prime Location: Steps away from the train station, ensuring easy access for residents and customers alike. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance.
• Residential Apartments: Seven well-appointed apartments, each designed for comfort and convenience
• Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area.
• Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams. Capitalize on the demand for housing and business space in a rapidly growing downtown area in bustling Mt Kisco.
• Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses.
This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don’t miss out on this opportunity to own Mt Kisco- known as the Big Little Village!
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $375,000 | $60.48 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $375,000 | $60.48 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $83,000 | $13.39 |
Net Operating Income | $292,000 | $47.10 |
Financial Summary (Actual - 2024)
Gross Rental Income | |
---|---|
Annual | $375,000 |
Annual Per SF | $60.48 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $375,000 |
Annual Per SF | $60.48 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $83,000 |
Annual Per SF | $13.39 |
Net Operating Income | |
---|---|
Annual | $292,000 |
Annual Per SF | $47.10 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,200 SF
Building Class
B
Year Built
1950
Price
$3,600,000
Price Per SF
$581
Cap Rate
8%
NOI
$288,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.42
Land Acres
0.10 AC
Zoning
CB-1 - Central Business Disctrict
Walk Score ®
Very Walkable (84)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5601-080-024-00003-000-0002 | Improvements Assessment | $31,500 (2023) |
Land Assessment | $31,000 (2023) | Total Assessment | $62,500 (2023) |
PROPERTY TAXES
Parcel Number
5601-080-024-00003-000-0002
Land Assessment
$31,000 (2023)
Improvements Assessment
$31,500 (2023)
Total Assessment
$62,500 (2023)
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74-78 South Moger Ave
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