610 Main Street

New Rochelle, New York

Two story commercial building
2 stores on the first floor
2 three bedroom apartments on the second floor
1 storage unit and part of the first floor store in finished section of the basement Total Rental Income (annual) : $105,858.24
Acquisition Date : January 16, 2013
Acquisition Price: $820,000
Appraised Value : $820,000
Current Owner: Washington Realty Capital -Main Street LLC
Manager: Sentry Management Corp.
Current First Mortgage: $615,000.00 held by a New York Area Community Bank
4.5% interest rate

610 Main Street is a two story mixed use property located in the southern section of New Rochelle , NY. The property is in very good condition with many renovations having been performed on the property by a previous owner. The property does not require any immediate major repairs or maintenance. All major building systems are in very good condition including the roof, electrical, plumbing, hot water heaters, windows and exterior stucco, sidewalks. Commercial tenants pay for their own hot water. The larger store pays for their own heat.