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For SaleMulti FamilyMLS KEY990092

30-32 Martin Place

Rye Town, NY · Westchester County
Listed by
RE/MAX Prestige Properties
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
7,652 SF
Site
0.12 acres
Price / SF
$160
NOI
$176,400
Year built
1930
Zoning
03
Stories
2

The offering

A rare multi-building investment opportunity in the heart of Port Chester. Welcome to 30–32 Martin Place which offers five total residential units across two structures, providing immediate rental income with long-term upside in one of Westchester’s up and coming Real Estate markets. 32 Martin or the building set back from the street is a traditional two-family home featuring: Unit 1 on the Ground Floor with 2 bedrooms & 1 bath. Unit 2 on the Second Floor has 3 bedrooms, 1 bathroom and a bonus flex room. Both of these units are heated by oil, with gas separately used for cooking. 30 Martin or the building closest to the street contains three additional apartments, each offering a functional 3-bedroom, 1-bath layout. This building is fully gas-heated, with gas cooking as well. The property provides a balanced mix of unit sizes, appealing to long-term renters seeking proximity to transportation, shopping, and Port Chester’s vibrant downtown. With five income-producing units, separate utilities for cooking, and two distinct structures on one parcel, this property is ideal for investors looking to expand their portfolio with a stable asset offering strong rental demand. Located minutes from the Metro-North station, major highways, schools, and the village’s renowned dining scene, 30–32 Martin Place presents a compelling opportunity in a high-growth corridor.

Building & site

Interest conveyedFee simple
Gross building area7,652 SF
Building typeMulti Family
Property typeMulti Family
Year built1930
Stories2
Land area0.12 acres
Land area, SF5,117 SF
WaterPublic
SewerPublic Sewer
HeatNatural Gas, Oil
Number of buildings2
Parking spaces6
Electric utilityCon-Edison

Zoning & permitted uses

District
03

Permitted uses are governed by the Rye Town zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Income & tenancy

Gross income (as reported)
$176,400

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

Aerial imagery over the property's mapped location, with the tax parcels around it from the county roll. Which of them is the property has not been confirmed, so none is singled out. Nothing here is a survey.

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