871 Commerce St, Thornwood, NY 10594

Listing office Academic Co-Realty Services a***@yahoo.com Show Phone

Listing date Apr 18, 2023

Source Crexi

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Overview

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.

Suggested Use

Hotel & Motel Daycare Center Travel Agency Storage Facility Parking Lot & Garage Shopping Center & Mall Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Locksmith

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

Location Insight

• Map
• Local Demand

City

Thornwood

County

Westchester

State

New York

Longitude

-73.780808

Latitude

41.122146

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FAQs

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.**