57-58 Highland Avenue, Cornwall

$5,600,000

0 Beds
0 Baths
27,453 Sqft
0 Acres
0 Garages

Here’s an opportunity to own a substantial 8-building residential portfolio with a total of 33 units, offering scale, established income, and meaningful upside potential. Many of the units have been updated within the past 10 years, creating a solid foundation for an investor looking to acquire a property with improvements already in place. With multiple buildings and a diverse mix of units, this property offers the advantages of scale while providing multiple income streams under one ownership. Perhaps the most exciting aspect is the income upside. Current rents provide an established revenue base, while the opportunity to increase rents and continue maximizing the property’s potential could create additional value over time. For an investor looking beyond today’s numbers and focused on future growth, this is a property worth exploring. With 33 residential units across 8 buildings, with water/sewer and tenant paid utilities, this portfolio presents an opportunity to expand an existing investment portfolio or make a significant move into multifamily ownership. Strong fundamentals, improvements already made, multiple income streams, and room to increase revenue, this is an investment opportunity with both stability and potential. Come take a closer look and discover what this portfolio could mean for your next investment.

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Essential Information
MLS® #1040067
Price$5,600,000
Square Footage27,453
Year Built1960
TypeCommercial Sale
Sub-TypeMulti Family
StatusPending
Community Information
Address57-58 Highland Avenue
CityCornwall
CountyOrange County
StateNY
Zip Code12518
Amenities
ParkingGarage, Off Street, On Street
Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior
HeatingNatural Gas
CoolingMulti Units
Has BasementYes
BasementUnfinished
Exterior
ConstructionShake Siding
School Information
DistrictCornwall
MiddleCornwall Middle School
HighCornwall Central High School
Elementary

Willow Avenue Elementary School

Additional Information
Date ListedAugust 17th, 2026
Days on Market54
Listing Details
Listing Courtesy ofCentury 21 Alliance Rlty Group
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Listing information last updated on October 15th, 2026 at 10:42am CDT.