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871 Commerce St Thornwood, NY 10594

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Mixed-use properties, high ROI.

Property Features for 871 Commerce St

General Information

Property type
Mixed-use properties

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Listing Contact
Gregory Walwer

Listing Agent: Gregory Walwer

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Property Insight Report

Overview

This exceptional investment opportunity presents an 11-property portfolio located in Thornwood, Westchester County, NY, priced at $8,800,000. The portfolio boasts a diverse mix of property types, including a retail-office building at 871 Commerce Street with potential for residential conversion, six townhouses in the Marble Heights complex (recently appraised at approximately $700,000 each), an additional townhouse at The Crossings at Thornwood, a five-bedroom, four-bathroom house on Commerce Street, a house on an oversized lot on Westchester Avenue, and a renovated triplex at 825 Franklin Avenue. The retail-office building currently houses Thornwood Dental Care and Shear Performance Hair Designs. The portfolio's diverse composition offers significant potential for future appreciation and income generation. The properties are situated in a desirable location within the Village of Thornwood, Mount Pleasant, New York, and offer a compelling investment opportunity with a 5.09% pro forma capitalization rate and a Net Operating Income (NOI) of $447,758. Detailed financial information is available upon request. Offers for individual properties or portions of the portfolio will be considered. The portfolio includes addresses on Commerce Street, Franklin Avenue, Westchester Avenue, Rockhagen Road, and Larissa Lane, all within the 10594 zip code. This is a rare opportunity to acquire a well-established, income-producing portfolio in a thriving Westchester County location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Small Talk Speech ... Physician Le Grand Entertainment Nightclub Anthony Crecco Real ... Real Estate Agency ac development group Construction Company The Crecco Companies Construction Company

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Thornwood
County
Westchester
State
New York
Longitude
-73.781493290564
Latitude
41.122768542802

FAQs

What type of property is this?
Mixed-use property - Mixed-use properties, high ROI.
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: $8,800,000 asking price for an eleven-property portfolio in Thornwood, NY.; Mixed-use portfolio including office, retail, and residential properties.; 5.09% pro forma capitalization rate.
(203) 458-0550 Call to check price and availability
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