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Key Details
Sold Price $685,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H4750787
Sold Date 08/19/20
Originating Board onekey
Year Built 1965
Annual Tax Amount $23,400
Property Description
2/6 Contracts are out...Continue To Show... Wonderful Opportunity To Own Mixed Use Building In High Visibility Location in Center of Town. Walk To Train, Bus and Surrounded by Retail, Restaurants, Salons etc. Lwr Lvl Retail is Rented Through 2025 with Options for Tenant Through 2030. Upper Level Office Space is available for Lease. Tax Assessment Has Been Reduced from $275,000 to $200,000. 30% of Tax Savings in 2018 and Remaining 70% in 2019. Taxes will be corrected to $33,180 (plus any regular increase) by September 2019. Expenses of $50,700 = Owner pays Taxes, Water, Common Lighting, Building & Flood Insurance. Two A/C Units, Two Hot Water Tanks, Two Furnaces and Private Bathrooms. Each Tenant Pays own utilities. Per Discussion on 6/28 with Town Tax Assessor Roger Miller he has stated upon purchase the buyer will need to call him as another reduction will be done based on the current over assessment. 1/24/2020 Assessor dropped assessment to $140,000 and by 9/2020 taxes should adjust to $23,400. Assessor will further discuss upon sale of building.
Location
State NY
County Westchester
Zoning Commercial
Interior
Heating Natural Gas, Hot Water
Cooling Central Air
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
School District Bedford
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Bought with William Raveis-New York LLC