405 Sprout Brook Road

New

$475,000

3 Beds 2 Baths 107,639 sqft lot
405 Sprout Brook Road Philipstown, NY

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
N/A
Maintenance
$ 0
Tax
$17,679 (2025)
Tenant Occupied
No
Parking Space
0
Floor #
N/A
Building
-
On market
1 day
$ /sqft
-
Type
apartment
Unit
-
Year Built
1890
Zip Code
10524
Ref./MLS ID
KEY877867

DESCRIPTION

This is a golden investment opportunity! this unique mixed-use property in garrison features a grandfathered retail/food services space on a residentially zoned lot.  The residential portion also generates rental income.  The current business and equipment occupying the retail space is not included in the sale.  The residential rental operates on a month-to-month lease.  The retail tenant covers 70% of the oil costs, with the landlord covering the remaining 30%.  Other utilities are separately metered.  Current rental income is $2,500 for the retail space and $2,400 for the residential unit.  Additionally, the sale includes an adjacent vacant residential lot.  Although the lot is currently not considered buildable, there may be potential to redraw property lines with the adjacent property to meet buildable lot requirements.  Tax info includes both lots.  Additional information: heating fuel oil above ground.  


Data is provided by OneKey MLS.

Listed on July 01, 2025 by Francesca Mulone from Coldwell Banker Realty, this apartment is for sale. 3/2 apartment for sale in Philipstown listed at $475,000, Reference KEY877867

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