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1256 North Avenue Beacon, NY 12508
$2,625,000
  • Commercial
  • 8100 SqFt
  • Year Built 1950
  • Multi Family
  • ML# H6302056

Property Details

Overview

Rare 10% CAP - Almost Ready Beacon Multifamily Property Premium Opportunity in Prime Location Welcome to this exceptional multifamily property in the heart of Beacon, NY! This unique investment opportunity offers a combination of commuter rentals and Air B&B potential, perfect for savvy investors and entrepreneurs. Recently Renovated The property has undergone significant renovations, with 7 apartments on the 2nd and 3rd floors nearing completion. First Floor Flexibility The 1st floor features 14 units configured as a Single Resident Occupancy/Air BNB Hostel-Style layout, providing flexibility and versatility for short-term rentals or long-term leases. Prime Location Conveniently next to the Newburgh/Beacon Bridge and close to the direct train to Grand Central Station. Beacon is a prime residential area, boasting the Dia.Beacon Museum, many shops and food establishments.

Key Facts

  • SqFt: 8100.00
  • Lot Size: 0.43
  • Lot Sq Ft: 18731
  • Taxes: $26,000
  • Sale or Rent: Sale
  • School District: SOUTH AVENUE SCHOOL

Additional Features

  • Parking Spaces: Yes
  • Parking Facilities: Off Street, Parking Lot

Rooms & Floor Plans

  • Bedroom: 21
  • Full Bath: 11

Interior & Utilities

  • Heat: Electric
  • A/C: Wall/Window Unit(s)
  • Water: Public
  • Sewer: Public Sewer

Financial

  • Taxes: $26,000
Listing Information provided courtesy of Keller Williams Valley Realty  (201) 391-2500
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