84 – 86 Purchase Street, Rye, NY 10580 (MLS# 157074)
$5,000,000
Rye, NY 10580
MLS# 157074
Status: Closed
10000 sqft
1 / 1
Property Description
Prime Mixed-Use Investment in the Heart of Rye!Exceptional 13-unit mixed-use property located steps from the Metro-North Rail Station. Fully occupied and income-producing, this turnkey asset features 5 commercial spaces and 8 residential units. Situated in one of Westchester's most dynamic and walkable downtowns, this building offers unbeatable visibility and convenience. Impeccably maintained, it's a true cash-flowing investment in a thriving market. Join the energy of Rye's downtown renaissancethis is a rare opportunity to own a cornerstone property in one of the county's most sought-after locations.
Details
Contract Information
Current Price: $5,000,000
Original List Price: 5750000
Sold Price: $5,000,000
Status: Closed
Listing Contract Date: 2025-05-07
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Owner Name: 84-86 Purchase St, LLC
Occupant Name: tenants
General Property Information
Number Of Units Total: 13
Living Area: 10000
Year Built: 1890
Lot Size Acres: 0.11
Lot Size Dimensions: .11
Stories: 2
Sign On Property YN: No
Disclaimer: Information not guaranteed.
List Price/SqFt: 500
Sold Price/SqFt: 500
Remarks and Miscellaneous
CGR Public Historical Remarks: Bedrooms: 7, Financing Avail: Other, FIPS Code: 119, Full Bathrooms: 7, Green Features: No, Half Bathrooms: 5, Lease Type: Net, Quarter Bathrooms: 0, Special Conditions: None/Unknown, Year Built Exception: 0
Public Remarks: Prime Mixed-Use Investment in the Heart of Rye!Exceptional 13-unit mixed-use property located steps from the Metro-North Rail Station. Fully occupied and income-producing, this turnkey asset features 5 commercial spaces and 8 residential units. Situated in one of Westchester's most dynamic and walkable downtowns, this building offers unbeatable visibility and convenience. Impeccably maintained, it's a true cash-flowing investment in a thriving market. Join the energy of Rye's downtown renaissancethis is a rare opportunity to own a cornerstone property in one of the county's most sought-after locations.
Status Change Information
Major Change Timestamp: 2026-01-28T21:31:46Z
Major Change Type: Status Change
Price Change Timestamp: 2025-07-15T23:29:55Z
Status Change Timestamp: 2026-01-28
Purchase Contract Date: 2025-10-09
Close Date: 2026-01-28
Close Price: 5000000
Concessions: No
Buyer Financing: Conventional
Income and Expenses
Financials Available Y/N: Yes
Location Tax and Legal
Street Number: 84 - 86
Street Name: Purchase
Street Suffix: Street
County: Westchester
State: NY
Zip Code: 10580
Town (Taxable): Out of Area
Property Features
Appliances: Water Heater; Other
Construction Materials: Frame
Current Use: Commercial; Mixed Use
Electric: Circuit Breakers
Exterior Features: Smart Camera(s)/Recording
Foundation Details: Brick/Mortar; Stone
Heating: Central; Oil; Steam
Listing Terms: Cash
Possession: Close Of Escrow
Road Frontage Type: City Street
Road Surface Type: Asphalt; Paved
Sewer: Public Sewer
Showing Considerations: Occupied
Special Listing Conditions: Real Estate Owned; Standard
Tenant Pays: Cable TV; Electricity; Gas; Telephone
Water Source: Public
Showing Requirements: 24 Hour Notice; Call Listing Agent; Call Listing Office; Listing Agent Must Accompany; Restricted Hours
Listing Courtesy of Gilcrest Properties
Listing Agent: Michael Castellano