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    Property profile & analytics
    FOR SALE
    Commercial real estate

    871 Commerce St, Thornwood, NY 10594

    0.15 ac lot
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US63-0332697
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents an 11-property portfolio located in Thornwood, Westchester County, NY, priced at $8,800,000. The portfolio boasts a diverse mix of property types, including a retail-office building at 871 Commerce Street with potential for residential conversion, six townhouses in the Marble Heights complex (recently appraised at approximately $700,000 each), an additional townhouse at The Crossings at Thornwood, a five-bedroom, four-bathroom house on Commerce Street, a house on an oversized lot on Westchester Avenue, and a renovated triplex at 825 Franklin Avenue. The retail-office building currently houses Thornwood Dental Care and Shear Performance Hair Designs. The portfolio's diverse composition offers significant potential for future appreciation and income generation. The properties are situated in a desirable location within the Village of Thornwood, Mount Pleasant, New York, and offer a compelling investment opportunity with a 5.09% pro forma capitalization rate and a Net Operating Income (NOI) of $447,758. Detailed financial information is available upon request. Offers for individual properties or portions of the portfolio will be considered. The portfolio includes addresses on Commerce Street, Franklin Avenue, Westchester Avenue, Rockhagen Road, and Larissa Lane, all within the 10594 zip code. This is a rare opportunity to acquire a well-established, income-producing portfolio in a thriving Westchester County location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.15 ac (6,534 SF)
    APN 553489 106.15-6-85
    UPID US63-0332697
    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
    • Small Talk Speech Language Therapy Physician
    • Le Grand Entertainment Nightclub Music Venue
    • Anthony Crecco Real Estate Real Estate Agency
    • ac development group Construction Company General Contractor
    • The Crecco Companies Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ron Rose Management Holdings Group · 1 yrs held
    Ron Rose Management Holdings Group
    since 2024
    Last sale
    $180,000
    7 recorded transactions
    2024
    2024
    2013
    2009
    2006
    2000
    $180,000
    1969
    Zoning & alternative use
    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?”
    More about this property
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