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16-Unit Apartment Complex
For Sale
$11,500,000

500 Commerce Street, Hawthorne, NY 10532

Commercial Sale, Hawthorne, NY

Property SizeContact for details
Lot Size0.70 Acres
Days on Market1044

Property Features for 500 Commerce Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot, Garage
Appliances Electric Water Heater, Dishwasher, Dryer, Refrigerator, Washer
Subdivision Liberty Plaza Suites
Elementary school district Mount Pleasant
Middle school district Mount Pleasant
High school district Mount Pleasant
Directions Bronx River parkway to Commerce / Across for the Barley House
Standard status Active
APN 3489-112-006-00001-046-0000
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 132000

Utilities

Utilities Electricity Available
Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air, Wall/Window Unit(s), Window Unit(s)
Water source Public

Amenities

fitness room
intercom system
green area

Building Details

Year built 2022
Floors in Building 3
Number of units 16
Listing Agency: ERA Insite Realty Services · ERA Real Estate
Listed By: Michael D'Onofrio · License #30DO0491138
Added: Oct 12, 2023 Changed: Aug 20 Last Checked: Aug 20 at 3:06PM
MLS# H6266368

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Liberty Plaza is a 16-unit apartment complex on a 0.7-acre site at 500 Commerce Street in Hawthorne. The unit mix comprises 12 two-bedroom apartments and 4 one-bedroom apartments. Interior features include LVT flooring, central AC and heating systems, LG stainless steel appliances, quartz countertops, LED mirrors, and subway-tile bathrooms with porcelain floors. Each apartment has its own mechanical room.

Property amenities include indoor garage parking for residents, additional guest parking, a dedicated green area, an on-site fitness room, and an intercom system. The property is positioned within walking distance of Metro-North and the village. Public water and public sewer serve the site, with electricity available. The building’s year built is 2022.

Key Highlights

  • 16‑unit apartment complex on 0.7 acres
  • Unit mix includes 12 two‑bedroom and 4 one‑bedroom apartments
  • Year built: 2022

Property Analytics

Current Use

ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Catering Service Bakery Food Market (Bike/Boat/Book/etc) 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

523
Businesses Nearby

Demographics for 10532, NY

5,115
Population
1,887
Households
2.7
Avg Household Size
44
Median Age
54%
College-Educated
93%
High-School Grad
2.3 sq mi
ZIP Area
2,224
Density / Sq Mi
$134,662
Median Household Income
$70,690
Median Earnings
$3,501
Median Rent
$675,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Rental units feature central air, individual mechanical rooms, stainless steel appliances, and access to indoor garage parking.
Where is this apartment building located?
The property is located at 500 Commerce Street Hawthorne, NY.
What is the asking price?
The asking price for this property is $11,500,000.
What are key features of this property?
This property features: 16‑unit apartment complex on 0.7 acres; Unit mix includes 12 two‑bedroom and 4 one‑bedroom apartments; Year built: 2022
More about this property
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