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161 S Pearl Street

Pearl River, NY 10965
  • $1,900,000
  • STATUS: Active
  • MLS #: 1001194
UPDATED: 31 min ago
$1,900,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:
Area:

School Information

Middle School:
School District:

Description

Great INVESTMENT opportunity in the heart of Pearl River. This 7 unit apartment building also includes an income generating detached 5 double car garage (all separate doors). 5 units are 1 bed / 1 bath, 2 units are 1 bed plus bonus room / 1 bath. Private rear patio and plenty of off street driveway parking. Basement area includes coin operated building laundry and individual locked storage rooms for the residents. There is also an additional locked large storage basement area with separate exterior entrance. Note that there is one gas meter for the building. Currently landlord pays gas for tenant oven/stove and baseboard heating, laundry machines and common area electric and all water / sewer charges. Only 1/2 mile distance to Pearl River train station and conveniently located near the bustling downtown district of Pearl River with its many restaurants, cafes and shops. Total building tax amount (school and town/county) based on 2025-2026, approximately $43,011. Buyer to confirm taxes.

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-11T22:20:32.317.
www.thisoldhudsonrealestate.com/homes/176860754
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161 S Pearl Street Pearl River, NY 10965

  • Price: $1,900,000
  • Status: Active
  • On Site: Days
  • Updated: 31 min ago
  • MLS #: 1001194
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1964
Built
Neighborhood:
Orangetown
County:
Rockland
Area:
Orangetown
Middle School:
Pearl River Middle School
High School:
Pearl River High School
School District:
Pearl River
Property Description
Great INVESTMENT opportunity in the heart of Pearl River. This 7 unit apartment building also includes an income generating detached 5 double car garage (all separate doors). 5 units are 1 bed / 1 bath, 2 units are 1 bed plus bonus room / 1 bath. Private rear patio and plenty of off street driveway parking. Basement area includes coin operated building laundry and individual locked storage rooms for the residents. There is also an additional locked large storage basement area with separate exterior entrance. Note that there is one gas meter for the building. Currently landlord pays gas for tenant oven/stove and baseboard heating, laundry machines and common area electric and all water / sewer charges. Only 1/2 mile distance to Pearl River train station and conveniently located near the bustling downtown district of Pearl River with its many restaurants, cafes and shops. Total building tax amount (school and town/county) based on 2025-2026, approximately $43,011. Buyer to confirm taxes.
Exterior Features

Construction Materials BrickStucco Cross Street Grand Avenue Parking Features DrivewayGarageOff Street Property Attached YN No Stories Total 2 Waterfront YN No

Interior Features

Appliances DryerGas OvenGas RangeRefrigeratorWasherGas Water Heater Basement Details FinishedWalk-Out Access Basement YN Yes Cooling Multi UnitsWall/Window Unit(s) Elevator YN No Flooring VinylWood Number Of Heat Units 1

Property Features

Annual Rental Income 180900 Building Area Total 5795 Building Features Laundry Electric Company Orange & Rockland Financial Year 2026 Fuel Expense 6393 Gross Income 180900 Hamlet Pearl River Heating BaseboardNatural Gas Inclusions RefrigeratorsOvens / Stoves Insurance Expense 13600 Lot Size Area 12500 Net Operating Income 112170 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 1 Operating Expense 68730 Other Structures Garage(s) Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 43011 Tax Source Municipality Tenant Pays Electricity Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PrivateWater Connected Water Access YN No Water Sewer Expense 2900 Water Source Public Zoning CO

Listing courtesy of Frank Cerisano of Christie's Int. Real Estate: 845-205-3521
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-11T22:20:32.317.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534