3080 Lexington Avenue, Cortlandt Manor, NY 10547
- $820,000
- Sold Price
- $820,000
- Days on Market
- 31
- Closing Date
- May 19, 2025
- MLS#
- H6333699
- Status
- CLOSED
- Property Type
- Retail
- Property Tax
- $15,973
- Neighborhood
- Cortlandt Manor
- School District
- Lakeland
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,
Additional Information
- Parking
- Unassigned
- Heating
- Oil, Baseboard
- Cooling
- Central Air
- Water
- Public
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Listing courtesy of Listing Agent: Kenneth Lefkowitz (kjlefkowitz@gmail.com) from Listing Office: Houlihan Lawrence Inc..
Selling Office: Houlihan Lawrence Inc..Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.