500 Commerce StHawthorne, NY 10532

For Sale
$11,500,000

Luxury 16-unit complex, prime location.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 37,230 square foot multifamily property, situated on a 0.7-acre lot at 500 Commerce Street in Hawthorne, NY, presents a compelling investment opportunity. The brand-new, 16-unit complex boasts twelve spacious two-bedroom apartments and four one-bedroom apartments, all meticulously designed with high-end finishes. Each unit features luxury vinyl tile (LVT) flooring, central air conditioning and heating, LG stainless steel appliances, quartz countertops, LED mirrors, and stylish subway tile bathrooms with porcelain floors. Residents enjoy the convenience of ample indoor garage parking, plus additional guest parking. A dedicated green area provides a tranquil outdoor space, while an on-site fitness room caters to a healthy lifestyle. A secure intercom system enhances resident safety and peace of mind. Further enhancing the value, each unit includes a separate mechanical room. The property's prime location offers easy access to Metro North and the village, making it highly attractive to renters. Construction is slated for completion before the end of the year, making this a turnkey investment ready for immediate income generation. The asking price for this exceptional property is $11,500,000.

Property Details for 500 Commerce St

Property type
Other commercial real estate
Square Feet
37,230 SF
Year Built
2022
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Hawthorne
County
Westchester County
State
New York
Latitude
41.1129
Longitude
-73.79236
500 Commerce St, Hawthorne, New York

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500 Commerce St
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