500 Commerce StHawthorne, NY 10532

For Sale
$11,500,000

16-unit, brand-new apartment complex

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 16-unit apartment building, completed in 2024, presents a lucrative investment opportunity in Hawthorne, NY. Located at 500 Commerce St, this three-story building boasts a total of 37,230 square feet of living space, zoned for residential use. The property features a mix of spacious one- and two-bedroom units (12 two-bedroom and 4 one-bedroom units). High-end finishes are standard throughout, including LVT flooring, central AC and heating, LG stainless steel appliances, quartz countertops, LED mirrors, and subway tile bathrooms with porcelain floors. Residents enjoy ample indoor garage parking, additional guest parking, a dedicated green area, and an on-site fitness room. A convenient intercom system enhances security, and each unit has its own separate mechanical room. The building's prime location offers easy access to Metro North and the village. The asking price for this turnkey investment is $11,500,000. This property represents a rare opportunity to acquire a modern, high-quality multifamily asset in a desirable Westchester County location. The building's superior amenities and convenient location are sure to attract high-quality tenants, ensuring strong rental income and a high return on investment.

Highlights

  • $11,500,000 asking price.
  • Brand new, 16-unit apartment building.
  • 37,230 square feet.
  • Located at 500 Commerce St, Hawthorne, NY 10532.
  • Three-story building, constructed in 2024.
  • Features 12 two-bedroom and 4 one-bedroom units.

Property Details for 500 Commerce St

Property type
Multifamily properties, Apartment buildings
Square Feet
37,230 SF
Year Built
2024
Buildings
1
Stories
3
Units
16

Location Insight

City
Hawthorne
County
Westchester
State
New York
Latitude
41.1129014
Longitude
-73.7923821
500 Commerce St, Hawthorne, New York

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500 Commerce St
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