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94 Hunter St 11 Unit Apartment Building $1,550,000 ($140,909/Unit) Ossining, NY 10562
Investment Highlights
- ~13,000 SF of Gated Outdoor Parking w/ Two Income Producing Multifamily Properties
- Walking Distance From The Ossining Metro-North Train Station, Route 9 & The Taconic State Parkway
- Residential Units Not Subject to ETPA Guidelines
Executive Summary
The Oak & Avery Group is pleased to present 92-96 Hudson St, Ossining, a 7 parcel assemblage comprised of a multifamily property, an office/SRO property and 5 contiguous lots. The assemblage is walking distance to the Ossining Metro-North train station and in proximity to Route 9, Route 9A and the Taconic State Parkway.
The parcels are broken down as follows:
92 Hunter St - 40 x 143 vacant lot (SBL: 97.7-1-64)
94 Hunter St - Five (5) residential rooms/(SROs), 3 offices, full basement for storage, 2-car garage & storage
lots (SBL: 97.7-1-65)
96 Hunter - Six (6) unit multifamily with exterior parking (SBL: 97.7-1-66)
(no-address) - 42 x 106 vacant lot (SBL: 97.7-1-67)
(no-address) - 40 x 101 vacant lot (SBL: 97.7-1-68)
(no-address) - 40 x 96 vacant lot (SBL: 97.7-1-69)
All of the tenants are on month-to-month leases with exception of two apartments. None are subject to ETPA/rent stabilization. The majority pay their own utilities, including heat and electric. There is onsite laundry in the basement of 96 Hunter.
The properties are ideal for a business owner-user with ample parking for commercial vehicles and adequate storage and garage spaces.
The parcels are broken down as follows:
92 Hunter St - 40 x 143 vacant lot (SBL: 97.7-1-64)
94 Hunter St - Five (5) residential rooms/(SROs), 3 offices, full basement for storage, 2-car garage & storage
lots (SBL: 97.7-1-65)
96 Hunter - Six (6) unit multifamily with exterior parking (SBL: 97.7-1-66)
(no-address) - 42 x 106 vacant lot (SBL: 97.7-1-67)
(no-address) - 40 x 101 vacant lot (SBL: 97.7-1-68)
(no-address) - 40 x 96 vacant lot (SBL: 97.7-1-69)
All of the tenants are on month-to-month leases with exception of two apartments. None are subject to ETPA/rent stabilization. The majority pay their own utilities, including heat and electric. There is onsite laundry in the basement of 96 Hunter.
The properties are ideal for a business owner-user with ample parking for commercial vehicles and adequate storage and garage spaces.
Property Facts
| Price | $1,550,000 | Apartment Style | Low-Rise |
| Price Per Unit | $140,909 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| No. Units | 11 | Building Size | 9,522 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1940 |
| Price | $1,550,000 |
| Price Per Unit | $140,909 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,522 SF |
| No. Stories | 3 |
| Year Built | 1940 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $642,200 | |
| Land Assessment | $457,000 | Total Assessment | $1,099,200 |
Property Taxes
Parcel Numbers
Land Assessment
$457,000
Improvements Assessment
$642,200
Total Assessment
$1,099,200
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94 Hunter St
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