New Listing - 10/21/2024


3080 Lexington Avenue, Cortlandt Manor, (Cortlandt), NY, 10547

3080 Lexington Avenue, Cortlandt Manor, (Cortlandt), NY, 10547

Prime Mixed-Use Investment Opportunity: This fully occupied mixed-use building presents a rare opportunity for investors seeking a stable, high-performing asset. Offering a competitive 6.3% capitalization rate, this property is ideal for a 1031 exchange, allowing for the deferral of capital gains while securing consistent cash flow. The property is well-maintained and fully leased, ensuring immediate income with minimal management demands. Its diversified tenant base mitigates risk, providing a strong foundation for both long-term appreciation and steady rental income growth. This is a perfect acquisition for an investor looking to maximize returns in a high-demand market. Don't miss this opportunity to invest in a thriving asset with strong financial performance.


Status:

Active

Town:

Cortlandt Manor

Type:

Commercial

Units:

3

Zoning:

c

Heating:

Oil, Baseboard

Cooling:

Central Air

Est. Taxes:

$15,973

School District:

Lakeland

MLS #:

H6333699


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Houlihan Lawrence Inc. 914-962-4900