Piermont, NY 10968,70 Piermont PL

$725,000

Est. payment /mo

$699,000

3.7%
Est.Price: ?

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70 Piermont PL Piermont, NY 10968

6 Beds

4 Baths

1,920 SqFt

SOLD DATE : 09/23/2022

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,920 sqft

Price per Sqft $377

MLS Listing ID H6186712

Sold Date 09/23/22

Style Colonial, Cape Cod

Bedrooms 6

Full Baths 4

Originating Board onekey

Year Built 1961

Annual Tax Amount $15,470

Lot Size 10,018 Sqft

Acres 0.23

Property Description

"PIERMONT DUPLEX" - Calling all investors or owner occupants! Don't miss the opportunity to own this turn-key, meticulously maintained legal 2 family residence with seasonal river & bridge views, just a stone's throw to the quaint Village of Piermont, 5 minutes to the bustling river town of Nyack and only 30 minutes from NYC! Perfectly situated on a dead end street, 70 Piermont Place offers strong potential rental income or a generous space for those looking to live in one unit and rent the other. Both units offer sun drenched living with 3 full bedrooms, 2 full baths, and private laundry in separate finished basements. Current rents are way under market with long term tenants and utilities have been paid by landlord. Large shared deck overlooking a flat, private backyard with sensational views. Garage is being used solely for storage and being sold "as is," but offers plenty of room for expansion above. Conveniently located minutes away from the Mario Cuomo Bridge, public transit to NYC, Hudson River, farmer's markets, nature parks, kayaking, hiking/biking trails, the Piermont Pier, and the most picturesque river town of Piermont, often referred to as "Hollywood on the Hudson." With reasonable taxes under $16K and a current cap rate of nearly 5.5%, this property easily commands a 7%+ cap rate with 3 bedroom Piermont market rents currently ranging from $2850 - $3500+ per month. Act now as this is one of the few multi-families on the Piermont market!

Location

State NY

County Rockland

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Baseboard, Hot Water

Cooling Window Unit(s)

Flooring Hardwood

Fireplace N

Exterior

Garage Driveway

Waterfront Description River Access

View Y/N Yes

View Water

Parking Type Driveway

Garage No

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Frame, Vinyl Siding

Schools

Elementary Schools William O Schaefer Elementary School

Middle Schools South Orangetown Middle School

High Schools Tappan Zee High School

School District South Orangetown

Others

Senior Community No

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Listed by Corcoran Baer & McIntosh • 845-358-9440
Bought with Besmatch Real Estate

D. Gloria Hernandez

Agent | License ID: 10301205200

+1(914) 441-0980

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