Harrison, NY 10528,123 Halstead AVE

$700,000

$795,000

11.9%
Est.Price: ?

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Est. payment /mo

5,000 Sqft Lot


SOLD DATE : 02/02/2022

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6122909

Sold Date 02/02/22

Originating Board onekey2

Rental Info No

Annual Tax Amount $16,332

Lot Size 5,000 Sqft

Acres 0.1148

Property Description

Great investment opportunity, in downtown Harrison. Larger unit is currently rented by Piero's Restaurant, at $3,846 monthly, with 4 years, left on the current lease, plus a 10 year option to extend. Smaller store, has been recently rented at $2,750 per month, with a 15 year lease. This lease may be cancelled, due to a 90 day due diligence clause. Great for an investor, or a user of the smaller store, if cancelled. Great corner lot. Walk to train, village and stores. Downtown Harrison is going through a major revitalization, such as the Metro-North, the movie theater project and Calvert street, that will consist of residential units and retail combined. Other smaller similar projects are also taking place throughout downtown Harrison. This area is zoned for Multi-family, with limited retail. Can add 3 more levels above stores with residential units. Cap rate is 7.5%.

Location

State NY

County Westchester County

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Gas Water Heater

Building

Lot Description Corner Lot, Level

Sewer Public Sewer

Water Public

Structure Type Block

Schools

School District Harrison

Others

Special Listing Condition None

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Listed by Berkshire Hathaway HS West. Pr
Bought with Berkshire Hathaway HS West. Pr
agent-avatar

+1(516) 802-3785

rfperrin@gmail.com

477 Madison Ave. 6th Floor, Suite 100, York, NY, 10022, United States

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