Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
4,920 SF
Site
0.07 acres
Price / SF
$305
Going-in cap
8.00%
NOI
$154,200
Year built
1960
The offering
INCREDIBLE 5-FAMILY INVESTMENT IN THE HEART OF SLEEPY HOLLOW, NY - FULLY RENTED & TURN-KEY! Rare opportunity to own a highly profitable, pristine 5-family in one of Westchester's most desirable river towns, featuring five spacious residential units including four 2-bedroom units plus one large 3-bedroom unit, with every unit in beautiful condition and fully rented to quality tenants for excellent, immediate passive income from day one. Investors will love the 100% occupancy for instant cash flow with five income streams under one roof, turn-key condition with no work needed, and a low-maintenance efficient layout perfect for long-term wealth building and portfolio growth, while owner-occupants will love the perfect house-hacking opportunity to live in one beautiful unit while four tenants pay the mortgage and own in Sleepy Hollow for less than the cost of a single-family home. Prime location next to everything including shopping, restaurants, schools, parks, Metro-North train, and all major highways, steps from the vibrant downtown of Sleepy Hollow / Tarrytown with an easy NYC commute. This is the type of well-kept, fully performing multi-family that rarely hits the market, and whether you are a seasoned investor looking for a trophy asset or a first-time buyer looking to get into the market smart, this is it - don't miss this one, showings will go fast!
Building & site
Interest conveyedFee simple
Gross building area4,920 SF
Building typeMulti Family
Property typeMulti Family
Year built1960
Land area0.07 acres
Land area, SF3,037 SF
WaterPublic
SewerPublic Sewer
HeatNatural Gas
Tax parcel553401115.15-1-62
Income & tenancy
Gross income (as reported)
$154,200
Going-in cap
8.00%
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2025 taxes
$24,506
Assessed value
$6,100
Land assessment
$400
Full market value
$6,100
Owner of record
28 CLINTON ST LLC
School district
Tarrytowns
Property class
411
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.