Cold Spring, NY 10516,72-76 Main ST
$1,750,000
$1,925,000
9.1%
Est.Price: ?

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72-76 Main ST Cold Spring, NY 10516

Est. payment /mo
SOLD DATE : 11/01/2023

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Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID H6244463

Annual Tax Amount $30,136

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.

Location

State NY

County Putnam

Zoning Comm

Interior

Heating Electric, Oil, Hot Water

Cooling Ductless

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Schools

School District Haldane

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Listed by Houlihan Lawrence Inc. • 845-265-5500
Bought with Rural Connection Inc.

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