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    OFF-MARKET Estimated value $950,000
    Showrooms

    64 Rosman Rd, Thiells, NY 10984-1300

    3,624 SF 0.99 ac lot Built 1960
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US63-1844812
    Property summary
    AI-generated overview

    This exceptional investment property located at 64 Rosman Rd, Thiells, NY presents a rare opportunity to acquire a substantial multi-family complex. The property encompasses a spacious 7,137 square feet building housing four individual residential units, in addition to a separate mobile home, all situated on a generous 0.99-acre lot. The substantial lot size offers ample parking for tenants, a significant advantage in this location. A large garage provides additional storage and potential for further development or income generation. The property's convenient location offers easy access to shopping centers and public transportation, enhancing its appeal to potential tenants and maximizing rental income. The R-15 zoning designation opens up possibilities for future expansion or modifications, subject to local regulations. This turnkey investment is ideal for seasoned investors seeking a strong return on investment in a desirable location. The property's size, combined with its multiple income streams and convenient location, makes it a compelling opportunity for those seeking a stable and profitable real estate venture. The existing structure is well-maintained and ready for immediate occupancy, minimizing upfront costs and maximizing immediate returns. This is a truly exceptional opportunity to acquire a high-yield investment property in a thriving community. Serious inquiries only.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1960
    Total area 3,624 SF
    Lot 0.99 ac (43,124 SF)
    Zoning code 915
    APN 392289 26.05-1-44.2
    UPID US63-1844812
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $940k
    Blend (final) Blend
    $950k
    Owner & transaction history
    Rosman Road Realty Corp · 12 yrs held
    Rosman Road Realty Corp
    since 2013
    3 recorded transactions
    2013
    $400,000
    2007
    1969
    Zoning & alternative use
    915 · Thiells, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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