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433 Route 52 $675,000

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    433 Route 52 Carmel, NY 10512

    Closed
    SOLD 5/25/2022

    $675,000

    Market Estimate
    • Commercial
    • MLS# H6134917
    433 Route 52, Carmel, NY 10512
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    Listing provided courtesy of: McGrath Realty Inc
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    Property Details

    Former Lake Carmel Medical Center converted to four family residential rental units with lower level former Nutritionists office and separate eight room Medical office, stand alone building in parking lot.First offering Fantastic investment opportunity. 5 Family building OR Renovate to complete Office Building. Four occupied apartments with tenants. The fifth and sixth medical office spaces are vacant. This is an undervalued opportunity to expand your portfolio. The current income easily supports the debt with the opportunity for expansion by finishing off the previously used Nutritionists office space on the first floor with reception room, admin office, Dr. office and four examination rooms with sinks and rear entrance. Close to shopping and highways on main road with lots of daily traffic and water views but private in rear of property. Currently a 7% cap without the pro-forma of the two vacant units.

    • General Features
      • County Or Parish Putnam
      • Number Of Buildings 2
      • Property Sub Type Mixed Use
    • Building Features
      • Building Area Units Square Feet
      • Cooling Window Unit(s)
      • Cooling Y/N true
      • Heating Electric, Baseboard
    • Property Features
      • Lot Size Units Acres
      • Sewer Public Sewer
    • Schools
      • Elementary School District Carmel
      • High School District Carmel
      • Middle Or Junior School District Carmel

    Neighborhood

    10512 (Carmel) Demographics

    47 Median Age
    408 Population Density (per sq. mile)
    47% College Educated
    $94,985 Estimated Median Income
    7,696 Estimated Total Home Owners
    1,764 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    24,619 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $375,000 Median Sales Price
    32 Homes Sold
    38 New On Market

    Average Days on Site

      Properties for Sale
        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/25/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $675,000
        3/23/2022 3:04:12 PM Status Changed Source: Multiple Listing Service New Value: Pending
        The data relating to real estate for sale or lease on this web site comes from the OneKey MLS. The information appearing herein has not been verified by the OneKey MLS or by any individual(s) who may be affiliated with said entities, all of whom hereby collectively and severally disclaim any and all responsibility for the accuracy of the information appearing at this web site, at any time or from time to time. All such information should be independently verified by the recipient of such data. This data is not warranted for any purpose. Copyright 2022 OneKey MLS. All rights reserved.
        This data has been updated as of 8/11/2022 8:06:46 AM.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.