1256 North Ave - Apartments FOR SALE


Beacon, NY 12508
$2,650,000 USD
914-649-8692
1256 North Ave, Beacon, NY for Sale
$2,650,000 USD
Apartments - FOR SALE
1/4
null | 10% Cap Rate

1256 North Ave
Beacon, NY 12508


OVERVIEW

Rare 10% CAP - Almost Renovated Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments. Some units occupied. Can show with notice on 2nd showing. 7 Units under renovation with new kitchens and baths. Trim packages getting installed now.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

23

PRICE/UNIT

$115,217

CAP RATE

10%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,138 SF

ZONING

R1-7.5

APN/PARCEL ID

130200-5955-75-850183-0000

ASK ABOUT THIS PROPERTY

Bob DonnellyKeller Williams Valley RealtyMore Info
914-649-8692

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Bob DonnellyKeller Williams Valley RealtyMore Info
914-649-8692

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