161 S Pearl Street, Pearl River, NY 10965

$1,900,000

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List Price
$1,900,000
Status
ACTIVE
Days on Market
70
Price Change
▼ $250,000 1783031366
MLS#
1001194
Subtype
Commercial Sale
Year Built
1964
Lot Size
12,500
Acres
0.29
Neighborhood
Pearl River

Property Description

Great INVESTMENT opportunity in the heart of Pearl River. This 7 unit apartment building also includes an income generating detached 5 double car garage (all separate doors). 5 units are 1 bed / 1 bath, 2 units are 1 bed plus bonus room / 1 bath. Private rear patio and plenty of off street driveway parking. Basement area includes coin operated building laundry and individual locked storage rooms for the residents. There is also an additional locked large storage basement area with separate exterior entrance. Note that there is one gas meter for the building. Currently landlord pays gas for tenant oven/stove and baseboard heating, laundry machines and common area electric and all water / sewer charges. Only 1/2 mile distance to Pearl River train station and conveniently located near the bustling downtown district of Pearl River with its many restaurants, cafes and shops. Total building tax amount (school and town/county) based on 2025-2026, approximately $43,011. Buyer to confirm taxes.

Additional Information

Taxes
$43,011
Zoning
CO
Flooring
Vinyl, Wood
Appliances
Dryer, Gas Oven, Gas Range, Refrigerator, Washer, Gas Water Heater
Heating
Baseboard, Natural Gas
Air Conditioning
Multi Units, Wall/Window Unit(s)
Stories
2
Parking
Driveway, Garage, Off Street
Parking Features
Driveway, Garage, Off Street
School District
Pearl River
Middle School
Pearl River Middle School
High School
Pearl River High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Frank Cerisano (FCerisano@TheAgencyOneRock.com) from Listing Office: Christie's Int. Real Estate.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.