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Property profile & analytics
FOR SALE
Investment properties

64 N Main St Liberty, NY 12754

5,201 SF 0.05 ac lot Built 1950
Entity Owned 9-yr Hold Free & Clear
Property ID
US63-5875337
Property summary
AI-generated overview

This exceptional mixed-use property at 64 N Main St, Liberty, NY presents a compelling investment opportunity. The three-story building boasts a substantial 6,916 square feet and is strategically located in the heart of Liberty, offering immediate proximity to shops, schools, public transportation, and parks. The property comprises five residential rental units and a thriving commercial space currently operating as a bar-restaurant, ensuring a consistent stream of income. Recent extensive renovations have modernized the building, including the installation of brand-new heat pump mini-split systems in each unit for efficient climate control. A significant advantage is the nearly full occupancy rate, with only one residential unit currently vacant. Tenants are responsible for electricity and cable, while water and sewer are covered by the landlord. Individual metering for each unit simplifies management and billing. Beyond the main building, the property includes an additional 0.21-acre lot providing ample parking and a barn currently used for storage. This turnkey investment offers substantial rental income and a prime location in a vibrant community, making it an ideal acquisition for discerning investors seeking a stable and profitable asset. The property's mixed-use nature, combined with its location and recent upgrades, positions it for continued success and strong returns. This is a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 5,201 SF
Lot 0.05 ac (2,178 SF)
Zoning code C
APN 483601 108.-11-8
UPID US63-5875337
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Stevas Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Benrita LLC · 9 yrs held
Benrita LLC
since 2016
4 recorded transactions
2017
Price N/A
2016
$33,000
2004
Price N/A
1969
Price N/A
Zoning & alternative use
C · Liberty, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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