1821 East Main Street Mohegan Lake, NY 10547

Westchester County

$2,350,000

  • 244.79Price Per SQ FT
  • MLS Number 4980611
  • Zoning C2
  • Post Office Mohegan Lake
  • Municipality Yorktown
  • School District Lakeland

Property Description For 1821 East Main Street Mohegan Lake, NY 10547

Unique investment opportunity to own half of the corporation that owns this development site, or to own in its entirety. The property cash flows as is ( 4.5% Cap Rate) with approvals for 4 residential units on 2nd floor and to build another mixed use commercial building on property with 3 commercial and 3 residential units. The construction costs to finalize estimated between $800,000 and $1,000,000. When finalized, the building will be worth $4,226,000 at a 7% Cap Rate.
Listing presented by

Listing courtesy of J. Philip Commercial Group LLC

Yorktown — Westchester County

A strong sense of community characterizes this historic Westchester town that played a pivotal role in the Revolutionary War. Today, Yorktown is host to country estates and quaint homes alike.

Other Schools Near 1821 East Main Street Mohegan Lake, NY 10547

Elementary School
  • N/A
Middle School
  • N/A
High School
  • N/A
Private
  • N/A

Yorktown — Westchester County

A strong sense of community characterizes this historic Westchester town that played a pivotal role in the Revolutionary War. Today, Yorktown is host to country estates and quaint homes alike.

Household Incomes

Housing Stock

Median sale price

October, 2019

$517,500

-5.05% since September, 2019

6.7% since October, 2018

  October, 2019 September, 2019 October, 2018
Median sale price 517500.000000000000   -5.045871559633%   6.701030927835%
Average sale price 524471.000000000000   -6.358008930851%   0.609251959063%
Homes sold 24   0.000000000000%   9.090909090909%
Average days on market 71   20.338983050847%   9.230769230769%
% of sale price to list price 97.120000000000   -2.499749021183%   -0.369306524415%
Homes for sale 50   -15.254237288136%   -42.528735632184%
Months of inventory 2.083333333333   -15.254237288136%   -47.318007662835%
Loan Type 5 Yr ARM 7 Yr ARM 15 Yr Fixed 30 Yr Fixed
Interest Rate 2.746% 2.961% 3.182% 4.221%
Monthly Mortgage Amount $7,671 $7,887 $13,148 $9,217
Monthly Mortgage Insurance $0 $0 $0 $0
Monthly Estimated Total $7,671 $7,887 $13,148 $9,217
Thoroughbred Mortgage

Information believed accurate but not warranted. The data relating to real estate for sale or lease on this web site comes in part from the Hudson Gateway Multiple Listing Serviecs. Real estate listings held by brokerage firms other than Houlihan Lawrence are marked with the Hudson Gateway Multiple Listing Service logo or thumbnail logo and detailed information about them includes the name of the listing broker.