478 482 MAIN STREET, EA ON, NY · 478-482 main street, ea on, ny offered at $1,769,000 presented by: steven salomone asso iate roker, dire tor investment sales, houlihan lawren e

4 7 8 - 4 8 2 M A I N S T R E E T, B E A C O N , N Y

O F F E R E D A T $ 1 , 7 6 9 , 0 0 0

p r e s e n t e d b y :

S T E V E N S A L O M O N E

A S S O C I A T E B R O K E R , D I R E C T O R I N V E S T M E N T S A L E S , H O U L I H A N L A W R E N C E C O M M E R C I A L G R O U P

8 0 0 W E ST C H E S T E R A V E NU E , R Y E B R O O K , N Y

O : 9 1 4 . 7 9 8 . 4 9 0 0 | M : 9 1 4 . 3 2 9 . 0 1 8 5

S S A L O M O NE @ H L C O M M E R C I A L G R O U P . C O M | S T E V E N S A L O M O N E . H O U L I H A NL A W R E N C E . C O M

H L C O M M E R C I A L G R O U P . C O M

HOULIHAN LAWRENCE COMMERCIAL GROUP | O: 914.798.4900

800 WESTCHESTER AVENUE, RYE BROOK, NY | HLCOMMERCIALGROUP.COM

P R O P E R T Y D E TA I L S

4 7 8 - 4 8 2 M A I N S T R E E T , B E A C O N , N E W Y O R K

This unique and historic building has a very distinctive location, size, and architecture within the City of Beacon. It was erected to wrap the curve of

Main Street. It’s location provides views of Mount Beacon that are mostly unobstructed by other buildings. Also unique, is that most Main Street build-

ings are one half, or even one third, the size of this structure.

9 unit building is comprised of 6 apartments and 3 storefronts

Building generates a high income stream which increases, 9 times per year,

with each lease renewal

Heating system is fueled by natural gas

Building features exposed brick walls

Great exposure with frontage on Main Street

Birchwood hardwood throughout majority of apartments

Each apartment has their own thermostat

Second floor laundry room for apartments

Apartments are dog and smoke free

Hallway fixtures are energy efficient LEDS



P R O P E R T Y P H OTO G R A P H Y




P R O P E R T Y P H OTO G R A P H Y




A E R I A L M A P S


S o u r c e : G o o g l e M a p s



R E G I O N A L M A P




R E N T R O L L




I N C O M E & E X P E N S E S




LO C AT I O N O V E R V I E W


Main Street sits amidst the thriving redeveloped district in Beacon, New York. The redevelopment

around the property, and the entire city as a whole, is one of the most dramatic revitalization suc-

cess stories for New York State , and the nation in the last 10 years. Beacon has become an exempla-

ry example of how to revive and sustain a community. In doing so, Beacon has become an interna-

tional tourist

destination for the arts and outdoor adventure activities. The property benefits from the vast eco-

nomic investments in tourism, arts, schools and development projects in the area. Located in Bea-

con’s business district the property is surrounded by vibrant locally owned retail shops, antique

stores, unique

restaurants and cafes. It is also home to many museums and several historic sites. Popular places of

interest include the Beacon Theater, Dia Art Center, Round House and the Towne Crier Café. Beacon is

located in the southwest corner of Dutchess County in the Mid-Hudson Region, approximately 90

miles south of Albany, New York, and approximately 65 miles north of New York City.

W E B S I T E S F O R B E A C O N AT T R A C T I O N S


http://www.townecrier.com

http://www.thebeacontheatre.org

http://www.diaart.org

www.roundhousebeacon.co

http://www.townecrier.com/

http://www.townecrier.com/

http://www.thebeacontheatre.org/

http://www.thebeacontheatre.org/

http://www.diaart.org/

http://www.diaart.org/

http://www.roundhousebeacon.com/



D E M O G R A P H I C S




O F F E R I N G M E M O R A N D U M

C O N F I D E N T I A L

The information contained in this Offering Memorandum is confidential, furnished solely for the purpose of review by a prospec-

tive purchaser of certain information relating to the property mentioned herein (the “Property”), and is not to be used for any oth-

er purpose or made available to any other person without the prior written consent of HLCG.

The material is subject to errors and omissions, and based in part upon information supplied by sources deemed reliable. Summar-

ies of any documents are not intended to be comprehensive or all-inclusive, but rather, only an outline of some of the provisions

contained therein. No warranty or representation, expressed or implied, is made by Owner. HLCG or any of their respective affili-

ates as to the accuracy or completeness of the information herein or any other written or oral communication transmitted to a

prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be implied in connection

with such information or such other communication.

Without limiting the generality of the foregoing, the information shall not be deemed a representation of the state of affairs of the

Property since the date of preparation of the information. Prospective purchasers should make their own evaluations, projections

and conclusions without reliance upon materials contained herein and conduct their own independent due diligence including en-

gineering and environmental inspections, to determine the condition of the Property and whether the Property I suitable for pur-

chase and/or investment, as well as the existence of any potentially hazardous materials.

This Offering Memorandum was prepared by HLCG and has been reviewed by Owner. It contains select information pertaining to

the Property and does not purport to be all inclusive or to contain all of the information a prospective purchaser may desire. All

financial projections are provided for general reference purposes only and are based on assumptions relating to the general econo-

my, completion and other factors beyond the preparer’s control and, therefore are subject to material change or variation. An

opportunity to reasonably inspect the Property will be made available to qualified prospective purchasers. Any and all parties re-

viewing this offering memorandum or inspecting the Property shall rely exclusively on their own due diligence and/or investiga-

tions.

In this Offering Memorandum, certain documents and other materials are described in summary form. The summaries do not pur-

port to be complete, nor necessarily accurate descriptions of the full agreements involved, nor do they constitute a legal analysis of

such documents. Interested parties are expected to independently review all documents and consult with their own advisors.

This Offering Memorandum is subject to prior placement errors, omissions, changes or withdrawal without notice or liability and

does not constitute a recommendation, endorsement or advice as to the value of the Property by HLCG or the Owner. Each pro-

spective purchaser is to rely solely upon its own investigation, evaluation and judgment to the advisability of purchasing the Prop-

erty described herein.

Owner and HLCG expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to pur-

chase the Property and/or to terminate discussions with any party at any time with or without notice and without liability. Owner

shall have no legal commitment or obligation to any purchaser or other party reviewing this Offering Memorandum or making an

offer to purchase the Property unless a definitive written agreement for the purchase of the Property has been fully executed, de-

livered, and approved by the Owner and any conditions to Owner’s obligations thereunder have been satisfied or waived. HLCG is

not authorized to make any representations or agreements on behalf of Owner.

C O N TA C T L I S T I N G B R O K E R

S T E V E N S AL O M O N E , D i r e c t o r I n v e s t m e n t S a l e s

A S S O C I A T E R E AL E ST A T E B R O K E R

8 0 0 W E S T C H E S T E R A V E N U E

R Y E B R O O K , NY 1 0 5 7 3

O : 9 1 4 . 2 2 0 . 4 4 7 9 | M : 9 1 4 . 3 2 9 . 0 1 8 5

S S A L O M O NE @ H L C O M M E R C I A L G R O U P . C O M | S T E V E N S A L O M O N E . H O U L I H A NL A W R E N C E . C O M

H L C O M M E R C I A L G R O U P . C O M

Documents

478 482 MAIN STREET, EA ON, NY · 478-482 main street, ea on, ny offered at $1,769,000 presented by: steven salomone asso iate roker, dire tor investment sales, houlihan lawren e