Redwood Realty Advisors is proud to present a mixed-use investment opportunity located in Pelham, NY. The offering consists of two
mixed-use buildings and one parking lot totaling in forty-four (44) units. The first building, 84-88 Lincoln Ave, sits on the southwest
corner of Lincoln Ave and Fifth Ave. This building includes four (4) two bedroom / one bathroom apartments, twenty-four (24) one
bedroom / one bathroom apartments and seven (7) retail spaces. The second building & parking lot, 226 Fifth Ave, sits on the southeast
corner of Lincoln Ave and Fifth Ave. This building includes four (4) two bedroom / one bathroom apartments, one (1) one bedroom /
one bathroom apartments and four (4) retail spaces. The parking lot is located adjacent to the second building; to the south along Fifth
Avenue.
The recently re-zoned downtown area of Pelham is the focus of many new development projects – some completed and others
underway. The mixed-use property and the parking lot on Fifth Ave. allows for a potential development opportunity with frontage
along two main thoroughfares. This is a tremendous opportunity to acquire investment properties located in the heart of Pelham.
