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38 Main St, Ossining, NY 38 Main St 4 Unit Apartment Building $950,000 ($237,500/Unit) 8.23% Cap Rate Ossining, NY 10562
Investment Highlights
- 4 Residential Units Not Subject to Rent Regulation.
- 2 Blocks from Ossining Hudson Line Train Station.
- Tenants on Month-to-Month Leases.
Executive Summary
The subject property is located at 38 Main St, Ossining, NY 10562. Strategically located in Ossining between Water St and Secor Rd. Lot consists of 24ft x 102ft. Includes 4 residential units not subject to rent regulation. Tenants on month-to-month leases. The property consists of (3) 2 bedrooms and (1) 1 bedrooms. This well-maintained 4 unit multifamily building represents a compelling investment opportunity within a well-connected anddesirable locale.
Property Facts
| Price | $950,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $237,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 8.23% | Building Size | 2,975 SF |
| No. Units | 4 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | SP-n - Commercial | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| Cap Rate | 8.23% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 2,975 SF |
| No. Stories | 4 |
| Year Built | 1928 |
| Zoning | SP-n - Commercial |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Kitchen
- Refrigerator
- Range
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4203-097-007-00000-000-0028-000-0-1 | Improvements Assessment | $527,800 |
| Land Assessment | $126,100 | Total Assessment | $653,900 |
Property Taxes
Parcel Number
4203-097-007-00000-000-0028-000-0-1
Land Assessment
$126,100
Improvements Assessment
$527,800
Total Assessment
$653,900
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38 Main St, Ossining, NY | 38 Main St
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