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INVESTMENT HIGHLIGHTS
- Property near the water
- Property is 98.17% occupied
EXECUTIVE SUMMARY
78-unit multifamily asset in Dobbs Ferry, NY, with about 55% rent-stabilized and 45% deregulated/fair market units.
98.71% occupancy with historically low turnover, offering stable in-place cash flow.
Located within walking distance of Dobbs Ferry Metro-North Station (35-minute ride to Grand Central).
Sits on a 9.54-acre lot with 3 buildings and 27 garage spaces; built in 1953.
Close to top educational institutions including Mercy University, Dobbs Ferry High School, and The Masters School.
Positioned near three major retail centers and multiple hospitals, with easy access to Route 9 and the Saw Mill River Parkway.
98.71% occupancy with historically low turnover, offering stable in-place cash flow.
Located within walking distance of Dobbs Ferry Metro-North Station (35-minute ride to Grand Central).
Sits on a 9.54-acre lot with 3 buildings and 27 garage spaces; built in 1953.
Close to top educational institutions including Mercy University, Dobbs Ferry High School, and The Masters School.
Positioned near three major retail centers and multiple hospitals, with easy access to Route 9 and the Saw Mill River Parkway.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 9.53 AC |
| No. Units | 78 | Building Size | 87,825 SF |
| Property Type | Multifamily | Average Occupancy | 99% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1952 |
| Building Class | C | Parking Ratio | 0.31/1,000 SF |
| Sale Type | Investment |
| No. Units | 78 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 9.53 AC |
| Building Size | 87,825 SF |
| Average Occupancy | 99% |
| No. Stories | 3 |
| Year Built | 1952 |
| Parking Ratio | 0.31/1,000 SF |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Deck
- Garden
- Mud Room
- Patio
- Large Bedrooms
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Playground
- Property Manager on Site
- Storage Space
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 475 |
| 1+1 | 8 | - | 900 |
| 2+1 | 3 | - | 917 |
| 2+1.5 | 48 | - | 1,153 |
| 2+2 | 18 | - | 1,225 |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 2603-003-080-00046-000-0008 | Improvements Assessment | $8,057,900 |
| Land Assessment | $4,594,800 | Total Assessment | $12,652,700 |
PROPERTY TAXES
Parcel Number
2603-003-080-00046-000-0008
Land Assessment
$4,594,800
Improvements Assessment
$8,057,900
Total Assessment
$12,652,700
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