Presented by CS Realty Request Showing Print Listing
Multi Family 2-4 in Westchester County
MLS Number1006452
Address1 Main Street, Purdys, NY 10578 show map
Price$1,495,000 show mortgage calculator
Acres0.41000918273646
Year Built1925
Est. Sq. Footage0
Elementary SchoolPequenakonck Elementary School
Jr High-Middle SchoolNorth Salem Middle/ High School
High SchoolNorth Salem Middle/ High School
Estimated Taxes$20,260
Total Apt Units4
Total Bedrooms5
# 2 Brs1
# 3 Brs1
Remarks

Exceptional mixed-use investment opportunity offering a rare blend of dependable income, historic significance, and long-term appreciation potential in the heart of North Salem. This one-of-a-kind property encompasses three income-producing structures across two mailing addresses and is zoned for both neighborhood business and residential use, providing exceptional flexibility for investors. Ideally situated with immediate access to I-684 and just moments from the Purdy's Metro-North station, the property enjoys outstanding commuter convenience and sustained tenant demand. Located within the highly sought-after North Salem School District, this is a truly unique offering in one of Northern Westchester's most desirable and tightly held communities. Anchoring the property is a striking three-bedroom Craftsman-style residence that lives like a four, believed to have been rebuilt in 1940, offering a rare blend of historic character, craftsmanship, and enduring appeal. The home has been thoughtfully maintained and enhanced through substantial capital improvements, including a newer roof, HVAC system, central air conditioning, and updated septic systems, providing lasting value and operational confidence. One of the property's most distinguished attributes is the historic Purdy's Station Post Office, an irreplaceable community landmark combining rich heritage with dependable long-term tenancy and a cherished community landmark that has served the area for nearly 180 years. Occupied under a long-term lease, the post office provides a stable, government-backed income stream and has been extensively renovated to meet modern operational standards while preserving its historic character. Above the post office, a spacious two-bedroom, one-bath apartment generates additional rental revenue, further strengthening the property's diversified income profile. Adding yet another revenue-generating component is a detached four-car garage, originally built in 1925, with existing leases extending through May 2027. This additional income-producing asset enhances cash flow while presenting future flexibility and potential value-add opportunities. Combining multiple established income streams, long-term tenancy, favorable mixed-use zoning, significant infrastructure improvements, and an irreplaceable location near major transportation corridors and commuter rail service, this is a true legacy asset positioned for both stability and growth. Opportunities of this caliber are exceedingly rare!

Amenities

Eat-in Kitchen, Patio, Walk Metro-North RR

This listing is Courtesy of Howard Hanna Rand Realty (914-723-8700).

Request a Showing - Make an Appointment - More Information
Cell (914) 220-2620

Please use the form below to contact us. Thank you - CS Realty & Relocation Services. "Brokers of Better Rentals & Residences since 1986."

Subject
Your Name
Email Address
Phone Number--
Preferred Showing Time
Preferred Showing Date
Question or Comment
You will be contacted by a buyer's agent who will represent you on this listing.