Property profile

5 New Main St Haverstraw, NY 10927

OFF-MARKET
Investment properties
Property ID
US63-4124172
1,504 SF 0.06 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential real estate in the vibrant heart of Haverstraw, NY. The property, located at 5 New Main Street, encompasses a substantial 4,328 square feet of retail space, currently housing two highly successful and well-established businesses. This ensures a strong, immediate income stream for the new owner. The retail space is situated on a 0.06-acre lot, providing excellent visibility and accessibility in the charming downtown area. Adding to the appeal, the property also includes a five-bedroom house located at the rear of the lot, offering additional income potential through rental or owner occupancy. This versatile property presents a rare chance to acquire a well-established, income-generating asset with significant upside potential. The current tenants are well-established and contribute to the consistent profitability of the retail spaces. The property has never been previously listed on the market, making this a truly unique and exclusive opportunity. This combination of established retail businesses and a substantial residential component makes this an exceptional investment for discerning buyers seeking a diversified portfolio with immediate returns and long-term growth prospects. The asking price is $899,000. Serious inquiries only.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Total area 1,504 SF
Lot 0.06 ac (2,614 SF)
Zoning code 162
APN 392201 27.53-2-21
UPID US63-4124172

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5 New Main St Haverstraw, NY 10927-1807
Haverstraw metro Census 10702 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2024
Last sale
$355,000
5 recorded transactions
2024
$498,000
2020
$355,000
2018
$255,000
2004
Price N/A
1969
Price N/A

Zoning & alternative use

162 · Haverstraw, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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