Log In/Sign Up
Your email has been sent.
1719 Edward St - Usa Marketing Group Inc 6 Unit Apartment Building Offered at $1,099,222 at a 6.70% Cap Rate Ossining, NY 10562
Investment Highlights
- 6 Units, 7 Electric Meters, 6 Gas Meters, 6 Hot Water Heaters
- Walk to Village, Walk to Transportation
- Street Parking, Convenient Location
- New electric circuit breaker panels in basement and sub panels in each apartment.
Executive Summary
Exceptional opportunity to own a legal 6-unit multifamily property with stable, long-term tenants. All six units, 4-two bedroom units and 2-three bedroom units, are leased through September 2027, providing immediate, reliable rental income and a strong 7% cap rate. This well-maintained building is ideally situated in a convenient location directly across from Park School and within walking distance to shops, restaurants, the train station, and additional schools, making it an attractive location for tenants. The property's utility setup is designed to help minimize owner expenses. Tenants are responsible for their own gas and electric, while the landlord pays for water. The building features seven electric meters, six gas meters, and six individual water heaters. Street parking is readily available. Whether you're expanding your investment portfolio or seeking a turnkey income-producing property, this is a rare opportunity to acquire a well-maintained asset with dependable cash flow and long-term lease stability.
Data Room Click Here to Access
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$119,400
|
$22.98
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$119,400
|
$22.98
|
| Taxes |
$24,362
|
$4.69
|
| Operating Expenses |
$21,921
|
$4.22
|
| Total Expenses |
$46,283
|
$8.91
|
| Net Operating Income |
$73,117
|
$14.07
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $119,400 |
| Annual Per SF | $22.98 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $119,400 |
| Annual Per SF | $22.98 |
| Taxes | |
|---|---|
| Annual | $24,362 |
| Annual Per SF | $4.69 |
| Operating Expenses | |
|---|---|
| Annual | $21,921 |
| Annual Per SF | $4.22 |
| Total Expenses | |
|---|---|
| Annual | $46,283 |
| Annual Per SF | $8.91 |
| Net Operating Income | |
|---|---|
| Annual | $73,117 |
| Annual Per SF | $14.07 |
Property Facts
| Price | $1,099,222 | Property Type | Multifamily |
| Price Per Unit | $183,204 | Building Size | 5,196 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 6.70% | Year Built | 1920 |
| No. Units | 6 |
| Price | $1,099,222 |
| Price Per Unit | $183,204 |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 5,196 SF |
| No. Stories | 3 |
| Year Built | 1920 |
1 1
Fairly walkable
50/100
Moderately drivable
60/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 4203-097-007-00000-000-0046-000-0-5 | Total Assessment | $773,900 (2025) |
| Land Assessment | $306,000 (2025) | Annual Taxes | $24,362 ($4.69/SF) |
| Improvements Assessment | $467,900 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4203-097-007-00000-000-0046-000-0-5
Land Assessment
$306,000 (2025)
Improvements Assessment
$467,900 (2025)
Total Assessment
$773,900 (2025)
Annual Taxes
$24,362 ($4.69/SF)
Tax Year
2026
1 of 38
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
1719 Edward St - Usa Marketing Group Inc