851 Franklin Ave, Thornwood, NY 10594
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.
-
fixx-a-pc Computer & Electronic Repair
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.