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529-533 Route 52
Carmel, NY 10512
Asking Price
$6.35M
Asset Type
Storefront Retail
Class
Class B
What's Special
Retail <ul><li>32,437 SF building</li><li>23 units</li><li>Built in 1979, renovated in 2024</li><li>Zoned Mixed-Use</li><li>Prime location in Carmel</li><li>100% occupancy</li><li>Modern and versatile</li><li>Steady income potential</li><li>Potential for value creation</li><li>High-traffic area</li><li>Proximity to amenities</li><li>Flexible leasing options</li></ul>
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NOI
$80,000
Cap Rate
1.26%
DSCR
0.21
Underwater
Cash-on-Cash
-15.59%
Monthly Payment
$31,416.335
Annual Cash Flow
$-296,996.024
