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272 Main St 7,570 SF Retail Building Highland Falls, NY 10928 $1,195,000 ($157.86/SF) 7.43% Cap Rate
INVESTMENT HIGHLIGHTS
- Building overview
- Pro-forma NOI growth
- Upgraded commercial space potential
- Strong rent growth potential
- Strategic Location
- Turn-key investment
EXECUTIVE SUMMARY
Located at 270 Main Street, Highland Falls, NY, this mixed-use property presents an exceptional investment opportunity in a growing submarket. The asset consists of six units, including four residential units and two commercial spaces, totaling 7,570 square feet. Positioned in a prime location with convenient access to major transportation routes and local amenities, this property benefits from both a stable cash flow and significant upside potential through renovations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,570 SF
Building Class
C
Year Built
1950
Price
$1,195,000
Price Per SF
$157.86
Cap Rate
7.43%
NOI
$88,750
Tenancy
Single
Building Height
3 Stories
Building FAR
2.99
Lot Size
0.06 AC
Zoning
B-1 - Business District
Frontage
AMENITIES
- Signage
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
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272 Main St
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