914-798-4900
734-760 Central Park Ave, Scarsdale, NY for Sale
Storefront Retail/Residential - FOR SALE
1/15
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734-760 Central Park Ave
Scarsdale, NY 10583


OVERVIEW

Multi-Building Mixed-Use Property with 9 residential units (approx. 500 SF each) and 8 commercial units (approx. 600 SF each). Parking for 16+ vehicles in the rear. 2 buildings are fully electric with no boiler, 3 buildings have boilers, all new(less than three years old). All 5 buildings have water heaters that are no more than 2-3 years old. Roof was redone approximately 10 years ago. Structural work done on the bearing wall between the parking and alleyway (cost $200,000+). No formal leases in place for residential tenants; some tenants have occupied units for decades. Consistent cash flow with minimal vacancy. Beauty Salon & Cafe have been tenants for over 30 years with no formal leases in place. Two commercial tenants have recently signed leases. Opportunity to formalize leases and increase rental income. Potential for capital improvements and rent growth. Call for pricing!

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SCARSDALE MIXED-USE PROPERTY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

CA

APN/PARCEL ID

2689-008-460-00325-000-0003,2689-008-460-00329-000-0003

ASK ABOUT THIS PROPERTY

Ken LefkowitzHoulihan Lawrence CommercialMore Info
914-798-4900

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Ken LefkowitzHoulihan Lawrence CommercialMore Info
914-798-4900

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