64 Rosman Rd Thiells, NY 10984-1300
- Showrooms
- 3,624 SF
- 0.99 lot acres
Current Use by Public Records
- Showrooms
Property Details for 64 Rosman Rd
- Year built
- 1960
- Lot size
- 0.99 lot acres
- Property size
- 3,624 SF
- Zone code
- 915
- Property type
- Showrooms
- APN
- 392289 26.05-1-44.2
- APU
- 39228926051442
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $535,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $445,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $430,000
- Mixed-Use
- $400,000
- Hospitality
- $390,000
- Educational
- $380,000
- Residential Income
- $455,000
- Energy
- $400,000
- Income-Based Land
- $405,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Thiells
- County
- Rockland
- State
- New York
- Longitude
- -74.0133
- Latitude
- 41.2051
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA