Mixed-Use and Residential
For Sale
Contact for pricing
871 Commerce St, Thornwood, NY 10594
Mixed-use and residential properties portfolio in Thornwood, Mount Pleasant, New York.
Property SizeContact for details
Days on Market1221
Property Features for 871 Commerce St
General Information
Standard status
Active
Property subtype
Mixed Use
Net Operating Income
$447,758
Listing Agency:
Academic Co-Realty Services
(203) 458-0550
Listed By:
Gregory Walwer · License #REB.0790169
Source:
Crexi
Added: Apr 18, 2023
Changed: Aug 14
Last Checked: Aug 20 at 1:03PM
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 Academic Co-Realty Services
Investment Insights
Based on property information with market context.
This offering features an investment portfolio of mixed-use and residential properties located in the Village of Thornwood, Mount Pleasant, New York. The portfolio's anchor is a retail and office building situated at 871 Commerce Street. Plans are in place to convert two office spaces within this building into residential units. The retail spaces are currently occupied by Thornwood Dental Care and Shear Performance Hair Designs. The portfolio also includes six units within the Marble Heights townhouse complex, constructed in the early 1990s. An additional townhouse unit is located at The Crossings at Thornwood. Single-family homes include a 5-bedroom, 4-bath property on Commerce Street, and a house on an oversized lot on Westchester Avenue. A renovated triplex is located at 825 Franklin Avenue in a busy commercial corridor. The 11-property portfolio is offered for sale.
Key Highlights
- Investment portfolio of 11 mixed‑use and residential properties in Thornwood, Mount Pleasant, New York.
- Anchor retail/office building at 871 Commerce Street with plans for residential conversion.
- Includes six townhouse units in Marble Heights complex, recently appraised at approximately $700,000 each.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
Demographics for 10594, NY
5,028
Population
1,820
Households
2.8
Avg Household Size
43
Median Age
48%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
1,934
Density / Sq Mi
$166,417
Median Household Income
$86,553
Median Earnings
$2,148
Median Rent
$683,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use and residential properties portfolio in Thornwood, Mount Pleasant, New York.
Where is this mixed-use property located?
The property is located at 871 Commerce St Thornwood, NY.
What is the asking price?
The asking price for this property is $8,800,000.
What are key features of this property?
This property features: Investment portfolio of 11 mixed‑use and residential properties in Thornwood, Mount Pleasant, New York.; Anchor retail/office building at 871 Commerce Street with plans for residential conversion.; Includes six townhouse units in Marble Heights complex, recently appraised at approximately $700,000 each.**
