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About This Home
This 0-bedroom, 0-bathroom commercial at 60 S Main Street in New City, NY is listed for $1,195,000. Built in 1965, on a 0.10 acres lot.
Prime investment opportunity featuring 11 office units located in the heart of New City, New York's Main Street corridor. This well-maintained property offers strong upside potential with below-market rents and the ability to significantly increase income through lease optimization.
Ideal for a 1031 exchange buyer seeking stable long-term growth and value-add opportunity. The building showcases beautifully updated interior and exterior improvements, minimizing near-term capital expenditures. Strategically positioned within close proximity to shopping, dining, and professional services, providing excellent convenience and tenant appeal. A rare opportunity to acquire a centrally located asset with income growth potential and strong market fundamentals.
Key Features
- Built in 1965
- 0.10 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$6,391/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
60 S Main Street
New City, NY 10956
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 60 S Main Street is listed at $1,195,000. The estimated monthly payment is $5,178 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.10 acre lot, 2 stories.
This property is listed by Hamid Moghadam and can be reached at 8452167670 or hamid.moghadam@ellissothebysrealty.com.
