Piermont, NY Commercial for Sale | Berkshire Hathaway HomeServices Westchester Properties | Berkshire Hathaway HomeServices New York Properties

Piermont NY Real Estate & Commercial for Sale

1 Properties Found

The median home value in Piermont, NY is $565,000. This is higher than the county median home value of $500,000. The national median home value is $277,796. The average price of homes sold in Piermont, NY is $565,000. Approximately 57% of Piermont homes are owned, compared to 35% rented, while 8% are vacant. Piermont real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Piermont real estate agent to arrange a tour today!
Learn more about Piermont.

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Mixed Use
Year built:
A broker reciprocity listing Listing by: Howard Hanna Rand Realty
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Own an iconic building in Piermont, which is the jewel of Rockland County (The Post Office). There are two, two-bedroom apartments on the second level and the anchor tenant, the Post Office, is on the first level. There is a large deck in the back that overlooks the yard and the creek. Post Office rents for $42,650 per annum, the back apartment rents for approximately $20,000 per annum (and is due for a sizeable increase), while the totally redone front apartment can rent for approximately $33,000 per annum (currently that is unoccupied) over $100,000 in potential gross rental income from all three rental units. Cap rate is approximately 8.5% at this price. PLEASE DO NOT GO ON THE PREMISES TO SPEAK TO THE POST OFFICE EMPLOYEE AS HE HAS ZERO INFORMATION.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Multiple Listing Service of Long Island, Inc. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. Information Copyright 2022, Multiple Listing Service of Long Island, Inc. All Rights Reserved.

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