Property summary
This exceptional mixed-use property at 851-855 Franklin Avenue in Thornwood, NY, presents a compelling investment opportunity. Priced at $4,400,000, this property seamlessly blends commercial and residential spaces, offering significant income potential and versatility. The ground floor boasts a substantial commercial unit, ideally suited for a diverse range of businesses. Its high visibility and convenient location ensure strong foot traffic and excellent exposure for any commercial tenant. This space is perfect for retail, office use, or a variety of other entrepreneurial ventures. Upstairs, eight well-maintained residential rental units provide a consistent stream of rental income. These units offer a variety of floor plans, ranging from one to three bedrooms, catering to a broad spectrum of tenant preferences. The property's location in Thornwood is a key advantage, offering easy access to major highways and public transportation, making commuting simple for both residents and commercial clients. Furthermore, its proximity to local shopping and train service adds to its appeal and convenience. This property represents a rare opportunity to acquire a high-yield, mixed-use asset in a desirable and accessible location. The combination of a strong commercial space and multiple income-generating residential units makes this an attractive investment for those seeking a diversified portfolio.
Property profile
VerifiedCap rate & NOI
Current use
-
Computer & Electronic Repair
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.