95 Grant St - Multi-Family FOR SALE


Rye Brook, NY 10573
$1,400,000 USD
914-447-8768
95 Grant St, Rye Brook, NY for Sale
$1,400,000 USD
Multi-Family - FOR SALE
1/24
null | 6.59% Cap Rate

95 Grant St
Rye Brook, NY 10573


HIGHLIGHTS

  • Net Operating Income (NOI): $92,298
  • Cap Rate: 6.6%
  • Gross Scheduled Income: $140,400
  • Four residential units
  • Fully occupied - All tenants paid up to date - No arrears
  • Renovated in 2024

OVERVIEW

95 Grant Street presents the opportunity to acquire a renovated, stabilized four-family apartment building located on a quiet residential street along the Rye Brook/Port Chester border in southern Westchester County. Updated in 2024, the property consists of four residential units that are 100% occupied, providing immediate cash flow from day one. The current rent roll generates $140,400 in gross annual rental income with a projected Net Operating Income (NOI) of $92,298, resulting in an attractive 6.6% capitalization rate at the asking price. All units are currently rented on a month-to-month basis. Heat for apartments 1R, 1L and 3rd floor are paid by owner.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$472 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

6.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

95 Grant Street - 4 Family Residence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2-F

APN/PARCEL ID

4805-141-000-00043-001-0028-0000000

ASK ABOUT THIS PROPERTY

Chris KrzeminskiC.J. Pagano & SonsMore Info
914-447-8768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris KrzeminskiC.J. Pagano & SonsMore Info
914-447-8768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.