42 Purchase Street

Description

FOR SALE-Approved Prime Investment/Development delivers great as an income property or redeveloped commercial/multifamily property. In B2 Zoning this property is a 4,900 SF site in prime downtown Rye City with planning commission approval to renovate existing structure with 2 retail units on first floor and a total of 8 residential units on 2nd and 3rd floors. Consisting of an approved total of 11,587 SF; 2 retail units, 4 one bedrooms, and 4 two bedroom residential units. Downtown Rye City continues to evolve and grow to accomodate the increasing interest in the urban environment with its walkability, opportunities to live-work-play, and the diversity of shopping, restaurants and convenience to NYC. Property is for lease also at $25,000 month for RETAIL or RESTAURANT.