174-176 Myrtle Avenue, Carmel, NY, 10512
$1,400,000
activeLot Size
19,080 sqft
Year Built
1930
Type
Commercial
Estimate. Actual payment depends on credit, lender, taxes, and insurance.
INVESTORS TAKE NOTICE! Rare opportunity to own a six-unit multifamily property consisting of two separate buildings, offering approximately 5,870 square feet on .44 acres with parking for approximately 15 cars. With five of the six apartments updated, this property offers an exceptional combination of current income, attractive unit mix, and long-term investment potential. The two-building configuration includes four apartments at 174 Myrtle Avenue and two apartments at 176 Myrtle Avenue, providing flexibility and diversification within one investment. The unit mix includes two-, three-, and four-bedroom apartments, appealing to a broad range of tenants. With substantial updating already completed, ample off-street parking, six income-producing units, and strong in-place rental income, this is an opportunity for an investor to acquire a sizable multifamily asset with income from day one and potential for future upside. Whether you're expanding an existing portfolio or looking for your next investment property, this unique two-building, six-unit offering deserves a closer look.
Listed by Patricia A. Wagner, Compass Greater NY, LLC
Listings courtesy of OneKey® MLS as distributed by MLS GRIDBased on information submitted to the MLS GRID as of Sep 14, 2026, 7:56 PM UTC (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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