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Investment Highlights
- Income-producing property with a main residence and multiple rental units.
- Located adjacent to Rockland Lake Golf and Pool facility.
- Four-bedroom main residence with expansive living areas.
- Includes five rental cottages and three studio-style apartments.
- Approximately 1.3-acre site with MF1 zoning.
- Convenient access along Route 9W in Valley Cottage.
Executive Summary
757-771 Route 9W presents an opportunity to acquire an income-producing residential complex in Valley Cottage, New York. The property consists of a four-bedroom main residence accompanied by five rental cottages and three studio-style apartment rentals, creating multiple income streams within a single ownership structure. The main residence includes two and one-half bathrooms, a large kitchen, living room, family room, and a spacious patio area.
Positioned along Route 9W, the property benefits from convenient regional access and visibility while maintaining proximity to recreational amenities. The asset is located adjacent to the Rockland Lake Golf and Pool facility, providing a recognizable neighboring destination and enhancing the property's appeal for residential occupancy. Its location within the Clarkstown School District further contributes to the area's residential demand profile.
The site encompasses approximately 1.3 acres and is currently zoned MF1. The property's configuration combines owner-occupancy potential with established rental components, offering flexibility for investors seeking income generation as well as buyers interested in a live-and-earn arrangement. The existing mix of residential accommodations provides diversified occupancy options across the cottages and studio units.
With an established residential rental component already in place, the property offers a rare combination of a principal residence and multiple ancillary rental structures within a single complex. The existing improvements, site size, and location characteristics support continued residential income use subject to applicable zoning and local regulations.
Positioned along Route 9W, the property benefits from convenient regional access and visibility while maintaining proximity to recreational amenities. The asset is located adjacent to the Rockland Lake Golf and Pool facility, providing a recognizable neighboring destination and enhancing the property's appeal for residential occupancy. Its location within the Clarkstown School District further contributes to the area's residential demand profile.
The site encompasses approximately 1.3 acres and is currently zoned MF1. The property's configuration combines owner-occupancy potential with established rental components, offering flexibility for investors seeking income generation as well as buyers interested in a live-and-earn arrangement. The existing mix of residential accommodations provides diversified occupancy options across the cottages and studio units.
With an established residential rental component already in place, the property offers a rare combination of a principal residence and multiple ancillary rental structures within a single complex. The existing improvements, site size, and location characteristics support continued residential income use subject to applicable zoning and local regulations.
Property Facts
| Price | $2,608,685 CAD | Number of Properties | 3 |
| Price / SF | $251.08 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 10,390 SF |
| Status | Active | Total Land Area | 0.43 AC |
| Price | $2,608,685 CAD |
| Price / SF | $251.08 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 10,390 SF |
| Total Land Area | 0.43 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 755 Route 9W, Valley Cottage, NY 10989 | Multifamily | 5,200 SF | 1900 | - |
| 751 Route 9W, Valley Cottage, NY 10989 | Multifamily | 2,292 SF | 1940 | - |
| 753 Route 9W, Valley Cottage, NY 10989 | Retail | 2,898 SF | 1955 | - |
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