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Commercial property consisting of a 12-unit Apartment Building, a Large Single-Family Home, an Office, and a 28-room motel (that is intheprocess of being converted into 16 new apartments). The apartment building is about 50/75% renovated with great tenants, the houseiscurrently vacant but rent-ready, the office is vacant and the motel is under conversion into 16 newly approved apartments. There aretwosections of the Motel, one section is completely gutted and about 75% framed for the new apartments, and the other motel strip has 10originalmotel rooms that could be rented AS-IS and then the last 4 units in that strip are partially gutted. The property is priced for a quick sale.Ownerestimates about $275,000 to complete the property renovation. Income and expense sheet is estimated based on

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Listed by Greg Berardi of Berardi Realty, (845) 201-1111
 "Based on information submitted to NY_GCAR_FLEX as of December 8, 2022 11:39 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."
 
 

 

 

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