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Lakefront Mixed-Use Property
New
For Sale
$650,000

10 Towners Rd Unit 8, Carmel, NY 10512

Three legal units pair commercial space with two apartments, with separate metering for each unit.

Property SizeContact for details
Days on Market2

Property Features for 10 Towners Rd Unit 8

General Information

Standard status Active
Property subtype Multi-Family

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 1 x 1BR
Multifamily Units 2

Amenities

lakefront
water views
direct lake access
beaches
playground
walking path
clubhouse

Building Details

Year Built 1940
Tenancy Multi
Listing Agency: Briante Realty Group, LLC
Listed By: Angela J. Briante · License #10491201787
Source: Realtyconnectusa
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 2:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Briante Realty Group, LLC

Investment Insights

Based on property information with market context.

The property contains three legal units: one commercial space and two apartments. The commercial unit has several rooms, a garage below, and an additional framed room. The residential portion includes a two-bedroom apartment and a separate one-bedroom apartment, along with another garage. A lower level has its own entrance and was previously used as an apartment. Electric heat serves the property, and the units, including the basement, are separately metered.

Set on Lake Carmel, the property has direct lake access and water views. Lake-area amenities include five beaches, a playground, a path around the lake, and a clubhouse. Major roads, golf, and local amenities are described as nearby.

Key Highlights

  • Three legal units: one commercial unit and two residential units
  • Commercial space has multiple rooms, a garage below, and an additional framed room
  • Residential units include two‑bedroom and one‑bedroom apartments

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby

Demographics for 10512, NY

24,664
Population
9,874
Households
2.5
Avg Household Size
46
Median Age
42%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
472
Density / Sq Mi
$124,519
Median Household Income
$62,393
Median Earnings
$1,607
Median Rent
$401,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three legal units pair commercial space with two apartments, with separate metering for each unit.
Where is this mixed-use property located?
The property is located at 10 Towners Rd Unit 8 Carmel, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three legal units: one commercial unit and two residential units; Commercial space has multiple rooms, a garage below, and an additional framed room; Residential units include two‑bedroom and one‑bedroom apartments
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