592 Long Pond Rd, Mahopac, NY 10541
Legal three-family with two buildings, detached garage rental income, and an in-ground pool on a corner lot.
- Added:
- Jun 24, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 26 at 2:40 am
Property Features for 592 Long Pond Rd
General Information
- Standard status
- Active
- Lot size
- 0.75 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1955
Listing office (917) 374-0026
Listing date Jun 24, 2026
Source Elliman
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 Michael A. Tarallo
HighLights
- Legal three‑family property on a level 0.75‑acre corner lot with two separate buildings plus a detached two‑car garage.
- Main building has two spacious 2‑bedroom apartments; detached garage building includes a 1‑bedroom apartment above.
- Multiple income streams: residential unit rentals plus separate detached garage rental income.
- Two units are month‑to‑month occupied; one apartment will be delivered vacant for owner‑occupancy or lease at current market rates.
- On‑site amenities include an in‑ground swimming pool (fully operational during last season), ample off‑street parking, and additional storage.
- Utilities include a private well and two septic systems; property built in 1955.
Overview
According to current operations, the property is producing an approximate 6% cap rate with below-market-value rents. Two of the residential units are currently occupied by month-to-month tenants, and one apartment will be delivered vacant, creating flexibility for an owner-occupant or for immediate leasing at current market rental rates.
For tenants, this layout offers a combination of multi-unit living options and an additional income stream from the detached garage rental. For buyers and investors, the structure provides multiple revenue sources through the three legal residential units plus the separate garage apartment, along with a clear opportunity to reposition the vacant unit. The property is located near shopping, restaurants, recreation, schools, and major commuter routes.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Mahopac
- County
- Putnam
- State
- New York
- Longitude
- -73.74487
- Latitude
- 41.408737