See all 2 photos
$3,033,333
Est. payment /mo
2,988 Sqft Lot
Coming Soon
137 Willett AVE Port Chester, NY 10573
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 932055
Rental Info No
Year Built 1900
Annual Tax Amount $51,288
Lot Size 2,988 Sqft
Acres 0.0686
Property Sub-Type Multi Family
Source onekey2
Property Description
Prime Investment Opportunity!
Multi-Use Commercial & Residential Property
135-139 Willett's Ave, Port Chester, NY 10574
A Rare Ten-Unit Portfolio in Thriving Port Chester
Seize a chance to own a fully-occupied, high-yield mixed-use building in the dynamic "Coolchester" market. Located in the heart of downtown, this property offers a diverse income stream from both residential and established retail tenants.
Investment Highlights
* Exceptional Annual Income: Generating a substantial \text{\$245,000} in total annual gross income.
* Ideal Unit Mix: A secure blend of residential and commercial tenants:
* 8 Residential Units: All highly-desirable one-bedroom apartments.
* 2 Ground-Floor Retail Stores: Providing consistent commercial income.
* Strong Cash Flow Potential: The robust current income and in-demand unit sizes (1BR apartments) provide an excellent foundation for immediate cash flow and future rent growth.
Premier Location: Downtown Port Chester
Port Chester is a vibrant, high-demand area often referred to as the "Brooklyn of Westchester County" for its rapid development, culinary scene, and cultural attractions.
| Steps from Metro-North Train Station | High demand from NYC commuters. |
| Walkable to The Capitol Theatre | Attracts residents seeking entertainment and nightlife. |
| Surrounded by New Residential Developments | Indicates strong local investment and future property value growth. |
| Access to I-95 & I-287 | Easy connectivity to Westchester County, NYC, and Connecticut. |
Property Features
This well-maintained building ensures ease of management and lower capital expenditure for the new owner.
* Mixed-Use Zoning: Flexibility for future use and high marketability.
* Residential Units: In-demand one-bedroom layouts, appealing to renters who are flocking to the area.
* Retail Presence: Established commercial storefronts drive foot traffic and stability to the income.
* Rye Brook/Port Chester Neighborhood: A desirable area with average 1-bedroom rents estimated around $2,400} -$3,000per month, indicating strong rental market support.
This is more than a building; it's a strategically positioned financial asset ready to deliver immediate returns.
Don't miss this opportunity to acquire a gem in one of Westchester's hottest markets!
This well-maintained building ensures ease of management and lower capital expenditure for the new owner.
Multi-Use Commercial & Residential Property
135-139 Willett's Ave, Port Chester, NY 10574
A Rare Ten-Unit Portfolio in Thriving Port Chester
Seize a chance to own a fully-occupied, high-yield mixed-use building in the dynamic "Coolchester" market. Located in the heart of downtown, this property offers a diverse income stream from both residential and established retail tenants.
Investment Highlights
* Exceptional Annual Income: Generating a substantial \text{\$245,000} in total annual gross income.
* Ideal Unit Mix: A secure blend of residential and commercial tenants:
* 8 Residential Units: All highly-desirable one-bedroom apartments.
* 2 Ground-Floor Retail Stores: Providing consistent commercial income.
* Strong Cash Flow Potential: The robust current income and in-demand unit sizes (1BR apartments) provide an excellent foundation for immediate cash flow and future rent growth.
Premier Location: Downtown Port Chester
Port Chester is a vibrant, high-demand area often referred to as the "Brooklyn of Westchester County" for its rapid development, culinary scene, and cultural attractions.
| Steps from Metro-North Train Station | High demand from NYC commuters. |
| Walkable to The Capitol Theatre | Attracts residents seeking entertainment and nightlife. |
| Surrounded by New Residential Developments | Indicates strong local investment and future property value growth. |
| Access to I-95 & I-287 | Easy connectivity to Westchester County, NYC, and Connecticut. |
Property Features
This well-maintained building ensures ease of management and lower capital expenditure for the new owner.
* Mixed-Use Zoning: Flexibility for future use and high marketability.
* Residential Units: In-demand one-bedroom layouts, appealing to renters who are flocking to the area.
* Retail Presence: Established commercial storefronts drive foot traffic and stability to the income.
* Rye Brook/Port Chester Neighborhood: A desirable area with average 1-bedroom rents estimated around $2,400} -$3,000per month, indicating strong rental market support.
This is more than a building; it's a strategically positioned financial asset ready to deliver immediate returns.
Don't miss this opportunity to acquire a gem in one of Westchester's hottest markets!
This well-maintained building ensures ease of management and lower capital expenditure for the new owner.
Location
State NY
County Westchester County
Rooms
Basement Unfinished
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features On Street, Open
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Building
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
High Schools Port Chester-Rye
School District Port Chester-Rye
Others
Special Listing Condition None
Listed by Compass Greater NY, LLC • Gena Didonato
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