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    New 16-Unit Apartment Complex
    Updated: Oct 17, 2023
    New 16-Unit Apartment Complex

    500 Commerce Street, Hawthorne, NY 10532

    $11,500,000
    37,230 sqft 0.70 AC lot
    Brand new 16‑unit complex in the heart of Mount Pleasant.
    12 two‑bedroom & 4 one‑bedroom spacious rentals.
    Ample indoor garage parking for tenants and additional guest parking.
    High‑end finishes: LVT floors, quartz countertops, subway tile bathrooms with porcelain floors, and LED mirrors.
    All LG stainless steel appliances and central AC and heating systems.
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    This listing looks promising.

    Here's a quick look at some key insights for

    500 Commerce Street, Hawthorne, NY 10532

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $639K
      Annual

    • Price @ 7% Cap

      $9.12M
      Suggested

    • Property Type

      Apartments (Generic)
      Built 2022
    View Property Analytics
    New 16-Unit Complex
    Updated: Oct 12, 2023
    New 16-Unit Complex

    500 Commerce Street, Hawthorne, NY 10532

    $11,500,000
    0.70 AC lot
    New 16‑unit multifamily building (12 two‑bedroom and 4 one‑bedroom) built in 2022
    Central AC and heating with each unit having separate mechanical room
    Units include LG stainless steel appliances: refrigerator, dishwasher, washer and dryer
    Finishes/features include LVT flooring, quartz countertops, LED mirrors, and subway tile bathrooms with porcelain floors
    Ample indoor garage parking for tenants plus additional guest parking and dedicated green area
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hawthorne, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Brick 11-Unit Multifamily Building
    Brick 11-Unit Multifamily Building

    141 Ferris Avenue, White Plains, NY 10603

    $1,650,000

    11-unit brick multifamily with on-site parking and a mix of ETPA-regulated and rent-controlled apartments.

    View details
    Mixed-Use Investment Property For Sale
    Mixed-Use Investment Property For Sale

    221 E Main Street, Mount Kisco, NY 10549

    $1,625,000

    Mixed-use property with residential and commercial units in Mount Kisco.

    View details
    Multi-Family Investment Opportunity
    Multi-Family Investment Opportunity

    141 Ferris Avenue, White Plains, NY 10603

    $1,800,000

    11-unit multi-family property with on-site parking near transportation.

    View details
    Mount Kisco Co-op with Amenities
    Mount Kisco Co-op with Amenities

    200 Diplomat Dr 8B, Mount Kisco, NY 10549

    $269,900

    Top-floor, 2-bedroom co-op near Metro North station.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Hawthorne, NY

    Consider similar Off-Market properties in Hawthorne, NY. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    500 Commerce St
    Multifamily properties

    500 Commerce St, Hawthorne, NY 10532

    Value Estimation by Request
    37,230 sqft
    View details

    Hawthorne, NY Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Hawthorne, NY on our real estate platform. These investment opportunities span a total of 37,230 square feet of properties for sale, with an estimated market value of $11,500,000.

    Sale prices for two-family homes in Hawthorne, NY start at $11,500,000, averaging $11,500,000, and reaching up to $11,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,253
    Population Growth (5Y) +5.7%
    Median Household Income $134,662
    College Educated 81.6%

    High-Yield Neighborhoods for Investment

    Identify Hawthorne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    10532 $11.5M

    Listings Trend

    New vs delisted commercial listings in Westchester County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hawthorne fall within the 100,000+ square foot range.

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