529-533 Route 52

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529-533 Route 52

Carmel, NY 10512
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use investment property located in Carmel, New York.
  • Current net operating income totals $390,000 annually.
  • Property offers a significant value-add opportunity for investors.
  • Strategic location along the primary Route 52 corridor.
  • Versatile layout suitable for diverse tenant profiles.

What's Special

Investors seeking a value-add mixed-use property will find this asset at 529-533 Route 52 in Carmel, New York, a prime candidate for portfolio growth. The site presents a significant opportunity to capitalize on a current net operating income of $390,000 while implementing improvements to enhance long-term yield. Carmel serves as a key commercial hub within Putnam County, benefiting from its proximity to regional transit corridors and a consistent flow of local consumer traffic. The mixed-use configuration allows for diverse income streams, making it adaptable to various retail and professional office tenants. With its strategic positioning along a primary thoroughfare, this location maintains visibility and accessibility for businesses serving the broader Hudson Valley region. Prospective buyers can leverage the existing income profile to stabilize returns while executing a comprehensive repositioning strategy in a market characterized by stable demand for commercial space.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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