$499,000
405 Sprout Brook RD Garrison, NY 10524
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$499,000
Est. payment /mo
UPDATED:
10/12/2024 07:41 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6315916
Originating Board onekey
Rental Info No
Year Built 1979
Annual Tax Amount $17,679
Property Description
This is a golden investment opportunity! This unique mixed-use property in Garrison features a grandfathered retail/food services space on a residentially zoned lot. The residential portion also generates rental income. The current business and equipment occupying the retail space is not included in the sale, and its lease runs through March 2025. The residential rental operates on a month-to-month lease. The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%. Other utilities are separately metered. Current rental income is $2,500 for the retail space and $2,400 for the residential unit. Additionally, the sale includes an adjacent vacant residential lot. Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements. Tax info includes both lots.
Location
State NY
County Putnam
Zoning R80
Interior
Heating Oil, Propane, Hot Water
Cooling Wall Unit(s)
Fireplace No
Building
Sewer Septic Tank
Water Well
Structure Type Frame
Schools
School District Lakeland
Others
Special Listing Condition None
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Listed by Coldwell Banker Realty • 914-232-7000
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