Cold Spring, NY 10516,72-76 Main ST

$1,750,000

$1,925,000

9.1%
Est.Price: ?

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Est. payment /mo

6,699 Sqft Lot


SOLD DATE : 11/01/2023

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6244463

Sold Date 11/01/23

Originating Board onekey2

Rental Info No

Annual Tax Amount $30,136

Lot Size 6,699 Sqft

Acres 0.1538

Property Description

A unique mixed-use building in the heart of Cold Spring. Only 1,500 feet to the Metro North station and the River Front; and under 1 mile to the trail heads for Little Stony Point and Breakneck Ridge. 72 Main: 750-800 SqFt storefront with large windows fronting Main St with adjacent garden area. 1-bedroom 2nd Fl apt is flooded with natural light, has village views, and a delightful back deck which overlooks the garden space. 76 Main: Anchored by highly acclaimed French restaurant, Le Bouchon. 2nd & 3rd floors are 900+ SqFt, renovated, two-bedroom apts with hard wood floors, tons of natural light, and views of Main St and the garden space below. Top floor even boasts river views! The large patio space is currently used for outdoor dining; potential to use the garden space in a similar manner. Perfect investment property or owner/operator scenario. Investor: opportunity to quickly realize an 8-10% CAP rate. Owner/operator use 72 Main retail space; and still capture a 6-8% CAP rate. Additional Information: HeatingFuel:Oil Above Ground,

Location

State NY

County Putnam County

Interior

Heating Electric, Hot Water, Oil, Radiant

Cooling Ductless

Fireplace No

Appliance Oil Water Heater

Exterior

Garage Off Street, On Street, Private

Building

Lot Description Corner Lot, Historic District, Stone/Brick Wall

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Schools

School District Haldane

Others

Special Listing Condition None

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Listed by Houlihan Lawrence Inc.
Bought with Rural Connection Inc.
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