Pearl River Multifamily Investment
161 S Pearl Street Pearl River, NY 10965
161 S Pearl Street, Pearl River, NY, 10965
$1,900,000
For Sale
$1,900,000
Seven-unit apartment building with detached garages near downtown Pearl River.
Days on Market54
Property Features for 161 S Pearl Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1964
Listing Agency
CHRISTIE'S INT. REAL ESTATE
(845) 205-3521
Listed by
FRANK CERISANO
Source
Corcoran
Added: May 26 Checked: Jul 17 at 4:14 am
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 CHRISTIE'S INT. REAL ESTATE
Investment Insights
Based on property information with market context.
Located in the heart of Pearl River, this property presents a great investment opportunity. The property features a seven-unit apartment building along with a detached five double-car garage, with each garage having separate doors, providing an additional income stream. The apartment building comprises five units with one bedroom and one bathroom each, and two units with one bedroom, a bonus room, and one bathroom. Residents can enjoy a private rear patio, and there is ample off-street driveway parking available. The basement includes a coin-operated laundry facility and individual locked storage rooms for the residents. Additionally, there is a large, locked storage area in the basement with a separate exterior entrance. The building has a single gas meter, with the landlord currently covering the gas expenses for tenant ovens/stoves and baseboard heating, as well as the laundry machines, common area electric, and all water/sewer charges. The property is conveniently located just half a mile from the Pearl River train station and is near the bustling downtown district of Pearl River, which offers a variety of restaurants, cafes, and shops. The total building tax amount (school and town/county) is approximately $43,011 based on 2025-2026 assessments; buyer to confirm taxes.
Key Highlights
- Income‑generating 7‑unit apartment building with a detached 5 double car garage.
- Prime location in the heart of Pearl River, close to the train station and downtown district.
- Coin‑operated laundry and individual locked storage rooms in the basement for residents.
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FAQs
What type of property is this?
Apartment building - Seven-unit apartment building with detached garages near downtown Pearl River.
Where is this apartment building located?
The property is located at 161 S Pearl Street Pearl River, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Income‑generating 7‑unit apartment building with a detached 5 double car garage.; Prime location in the heart of Pearl River, close to the train station and downtown district.; Coin‑operated laundry and individual locked storage rooms in the basement for residents.
