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3080 Lexington AVE Cortlandt Manor, NY 10547
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Key Details
Sold Price $820,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6333699
Sold Date 05/19/25
HOA Y/N No
Rental Info No
Annual Tax Amount $15,973
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Retail
Source onekey2
Property Description
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. Additional Information: HeatingFuel:Oil Above Ground,
Location
State NY
County Westchester County
Interior
Heating Oil, Baseboard
Cooling Central Air
Fireplace No
Appliance Oil Water Heater
Exterior
Parking Features Unassigned
Building
Water Public
Others
Special Listing Condition None
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Bought with Houlihan Lawrence Inc.
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