60 S Main Street, New City, NY 10956

$1,195,000

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List Price
$1,195,000
Status
ACTIVE
Days on Market
89
MLS#
993631
Subtype
Commercial Sale
Year Built
1965
Lot Size
4,356
Acres
0.10
Neighborhood
New City

Property Description

Prime investment opportunity featuring 11 office units located in the heart of New City, New York’s Main Street corridor. This well-maintained property offers strong upside potential with below-market rents and the ability to significantly increase income through lease optimization. Ideal for a 1031 exchange buyer seeking stable long-term growth and value-add opportunity. The building showcases beautifully updated interior and exterior improvements, minimizing near-term capital expenditures. Strategically positioned within close proximity to shopping, dining, and professional services, providing excellent convenience and tenant appeal. A rare opportunity to acquire a centrally located asset with income growth potential and strong market fundamentals.

Additional Information

Taxes
$27,552
Appliances
None
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Parking
None
Parking Features
None
School District
Clarkstown
Elementary School
New City Elementary School
Middle School
Felix Festa Achievement Middle Sch
High School
Clarkstown North Senior High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Hamid Moghadam (hamid.moghadam@ellissothebysrealty.com) from Listing Office: Ellis Realty Commercial.

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.