BEDS0
BATHS
MLS#987729
STATUSPending
PROPERTY TYPECommercial -
Property Description
Rare 6-Unit Income Property - 10% Cap in Highland, NY ( HOLD.. you don't need a commercial mortgage; you can do a simple multi-family mortgage. Call me will explain how)Looking for stability and high yield? This property offers a perfect blend of high returns and low management stress. This 6-unit building operates at a 10% cap rate with a proven history of zero vacancy. Enjoy the benefits of a hands-off utility structure where tenants cover their own costs, significantly reducing owner expenses.The property offers excellent parking for residents and is home to high-quality tenants who take pride in their community. Whether you are looking to 1031 exchange or start a high-yield portfolio, this turnkey asset is ready to perform from day 1
Property Features
Property Type: Commercial -
Basement: Full
Basement: Yes
Cooling: None
Heating: Natural Gas
Home Style: Flats
Lot Size: 0.36 Acres
Taxes: $13,980
Year Built: 1890
Feature Descriptions
Building Area Total: 3504
Building Features: Other
Cap Rate: 10
Days on Site: 75
Exterior: Other
Flooring: Hardwood
Heating Units: 6
Lot Features: Back Yard
On Market Date: 2026-04-26
Parcel Number: 3200-088.069-0008-023.000-0000
Parking Features: Parking Lot, Private
Rental Term: Monthly
Separate Gas Meters: 6
Sewer: Public Sewer
Tenant Pays: Electricity, Gas, Heat
Trash Expense: 1600
Units: 6
Utilities: Natural Gas Available
Water: Public
Listed By / Shown By
Listing By
Agency Name: MS Realty Group USA, Inc
Agency Phone: 845-367-7470
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
TOUR PROPERTY
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 07/04/2026. The listing information on this page last changed on 07/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/04/2026 12:09:27 AM EST) or NJMLS/ IDX (last updated Fri 07/03/2026 11:23:41 PM EST) or OneKey MLS (last updated Sat 07/04/2026 12:07:24 AM EST) or REBNY MLS (last updated Fri 07/03/2026 9:25:09 PM EST). Real estate listings held by brokerage firms other than Joyce Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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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108 Vineyard Avenue | MLS# 987729
This commercial property located at 108 Vineyard Avenue, Highland, NY 12528 is currently listed for sale with an asking price of $798,000. Search Highland real estate on www.joycerealty.com today.