500 Commerce StHawthorne, NY 10532

Property Details for 500 Commerce St

Year built

2024

Property size (Sq ft)

37,230 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional 16-unit apartment building, completed in 2024, presents a lucrative investment opportunity in Hawthorne, NY. Located at 500 Commerce St, this three-story building boasts a total of 37,230 square feet of living space, zoned for residential use. The property features a mix of spacious one- and two-bedroom units (12 two-bedroom and 4 one-bedroom units). High-end finishes are standard throughout, including LVT flooring, central AC and heating, LG stainless steel appliances, quartz countertops, LED mirrors, and subway tile bathrooms with porcelain floors. Residents enjoy ample indoor garage parking, additional guest parking, a dedicated green area, and an on-site fitness room. A convenient intercom system enhances security, and each unit has its own separate mechanical room. The building's prime location offers easy access to Metro North and the village. The asking price for this turnkey investment is $11,500,000. This property represents a rare opportunity to acquire a modern, high-quality multifamily asset in a desirable Westchester County location. The building's superior amenities and convenient location are sure to attract high-quality tenants, ensuring strong rental income and a high return on investment.

Location Insight

City

Hawthorne

County

Westchester

State

New York

Latitude

41.1129

Longitude

-73.7924

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