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3469 Lexington Ave
Mohegan Lake, NY 10547

$8,995,000 USD

Apartments For Sale  •  46,366 SF

Property Details

  • Property Type Apartments
  • Total Building Size 46,366 SF
  • Lot Size 11.3 AC
  • Building Class C
  • Year Built 1950
  • Cap Rate 6.52 %
30 Transit Score
40 Walk Score

Highlights

Incredible value-add opportunity
Potential to build another 11-12 units on the property - not built into the purchase price - BONUS!
Cap Rate: 6.52 %

Major Tenants

Tenant SF Occupied Lease End Date
Cortway Apts Ltd

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Views

Public Transportation

Commuter RailDriveWalkDistance
Peekskill Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 10 min - 5.2 mi
Cortlandt Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 17 min - 8.4 mi
AirportDriveWalkDistance
Westchester County 43 min - 28.0 mi
New York Stewart International 51 min - 28.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 57
Type: Surface
Included in Rent: Yes
Adam Kessner 917-662-0080 K5 Equities
Adam Kessner 917-662-0080 K5 Equities