506 Piermont Avenue

    Piermont, NY 10968
    • $1,725,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 4916527
    UPDATED: 227 min ago
    $1,725,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,307
      SQFT
    • $274
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    Piermont Investment Property, Prime Location with good history. Fully leased mixed use property located on Main St. Building is for sale, not the two restaurants (Former Peter Kelly's restaurant, Xaviar's now known as Kitchen and Freelance Cafe & Wine Bar). Building consists of the 2 restaurants w/long term leases: 5 years & two 5 year options; rent on both is $80,000 per year. Three 2 BR apartments w/hwfls on 2nd & 3rd floors fully rented; total rent $4,570/mo. Tenants pay electric, hot water & cooking gas. Owner pays for heat. There are 5 office spaces w/full baths on 2nd floor currently used by owner. Can produce $1,500/mo add'l income or convert to apartments. $18,000/per year. Building was renovated in 2018, all new brick exterior, new windows, & new furnace. Building sqft: 6,307; lot sqft: 4,356. Two restaurants are well established since 1987 with routine clientele. Current owner is second owner.

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    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-06-27T00:15:23.403.
    www.westchesterhomesnow.com/homes/93232012

    506 Piermont Avenue Piermont, NY 10968

    • Price: $1,725,000
    • Status: Active
    • Updated: 227 min ago
    • MLS #: 4916527
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,307
    SQFT
    $274
    $/SQFT
    1960
    Built
    Neighborhood:
    Orangetown
    County:
    Rockland
    Area:
    Orangetown
    School District:
    South Orangetown
    Property Description
    Piermont Investment Property, Prime Location with good history. Fully leased mixed use property located on Main St. Building is for sale, not the two restaurants (Former Peter Kelly's restaurant, Xaviar's now known as Kitchen and Freelance Cafe & Wine Bar). Building consists of the 2 restaurants w/long term leases: 5 years & two 5 year options; rent on both is $80,000 per year. Three 2 BR apartments w/hwfls on 2nd & 3rd floors fully rented; total rent $4,570/mo. Tenants pay electric, hot water & cooking gas. Owner pays for heat. There are 5 office spaces w/full baths on 2nd floor currently used by owner. Can produce $1,500/mo add'l income or convert to apartments. $18,000/per year. Building was renovated in 2018, all new brick exterior, new windows, & new furnace. Building sqft: 6,307; lot sqft: 4,356. Two restaurants are well established since 1987 with routine clientele. Current owner is second owner.
    Exterior Features

    Construction Description BlockBrickFrame Lot Description Level Parking 4+ Car AttachedDriveway Street Type Public Water Access YN No

    Interior Features

    Air Conditioning CentralWindow Units Heating Fuel Natural Gas Heating Type Hot Water Hot Water Gas Stand Alone Included A/C UnitsAlarm SystemOven/RangeRefrigeratorSee Remarks

    Property Features

    Floor Number 3 Reo Bank Owned 0 Sewer Description Municipal Tax Amount 36903 Tax Year 2019 Transaction Type Sale Village Piermont Water Description Municipal Year Renovated 2016 Zoning Bb

    Listing courtesy of Hamid Moghadam of Ellis Realty Commercial.

    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved.


    © 2019 Hudson Gateway Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information appearing herein has not been verified by the Hudson Gateway Multiple Listing Service, Inc. or the Hudson Gateway Association of Realtors, Inc. or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. The data relating to real estate for sale or lease on this web site comes in part from HGMLS. Real estate listings held by brokerage firms other than Mark Boyland Real Estate Team | Keller Williams Realty Partners are marked with the HGMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2019-06-27T00:15:23.403.
     
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