137-139 Willett Ave 10 Unit Apartment Building $3,033,333 ($303,333/Unit) 6% Cap Rate Port Chester, NY 10573

Prime Investment Opportunity!
10 unite -Multi-Use Commercial & Residential Property
135-139 Willett's Ave, Port Chester, NY 10574
A Rare Ten-Unit Portfolio in Thriving Port Chester
Seize a chance to own a fully-occupied, high-yield mixed-use building in the dynamic "Coolchester" market. Located in the heart of downtown, this property offers a diverse income stream from both residential and established retail tenants.
Investment Highlights
* Exceptional Annual Income: Generating a substantial $245,000 in total annual gross income.
* Ideal Unit Mix: A secure blend of residential and commercial tenants:
* 8 Residential Units: All highly-desirable one-bedroom apartments.
* 2 Ground-Floor Retail Stores: Providing consistent commercial income.
* Strong Cash Flow Potential: The robust current income and in-demand unit sizes (1BR apartments) provide an excellent foundation for immediate cash flow and future rent growth.
Premier Location: Downtown Port Chester
Port Chester is a vibrant, high-demand area often referred to as the "Brooklyn of Westchester County" for its rapid development, culinary scene, and cultural attractions.
Steps from Metro-North Train Station | High demand from NYC commuters. |
Walkable to The Capitol Theatre | Attracts residents seeking entertainment and nightlife. | Surrounded by New Residential Developments | Indicates strong local investment and future property value growth. |
Access to I-95 & I-287 | Easy connectivity to Westchester County, NYC, and Connecticut
Property Features
This well-maintained building ensures ease of management and lower capital expenditure for the new owner.
* Mixed-Use Zoning: Flexibility for future use and high marketability.
* Residential Units: In-demand one-bedroom layouts, appealing to young professionals and single renters who are flocking to the area.
* Retail Presence: Established commercial storefronts drive foot traffic and stability to the income.
* Rye Brook/Port Chester Neighborhood: A desirable area with average 1-bedroom rents estimated around $2,400 - $3,000 per month, indicating strong rental market support.
This is more than a building; it's a strategically positioned financial asset ready to deliver immediate returns.
For a confidential offering memorandum, detailed financials, and to schedule a private showing, please contact:
Don't miss this opportunity to acquire a gem in one of Westchester's hottest markets!