NOT LISTED FOR SALE

173 Lexington Ave Mount Kisco, NY 10549

-- Bed
-- Bath
10,000 Sq Ft
5,441 Sq Ft Lot

Last Sold August 08, 2024

Last sale price $2,200,000 $220 Per Sq Ft

216 Days on Market

About This Home

As of August 2024

PRICE REDUCED AND AVAILABLE - Investment Portfolio consisting of 5 total properties to be sold together adjacent to one another. First time on market in over 50 years. 14 total residential units, 2 warehouse spaces/storage, and 1 commercial retail/supermarket space. Large parking lot and potential additional building lot as part of the sale. Most properties on gas and most units with separate electric meters. This portfolio is under family ownership this is the first time to come on the market. SEE listing pics for portfolio entire location. Long term tenants. Inquire with your agent for detailed Commercial set up and Financials. 8% CAP on corrected rents.

Last Agent to Sell the Property

Justin Pieragostini

Coldwell Banker Realty Brokerage Phone: (914) 232-7000 License #10401203604 Listed on: 11/14/2023

Coldwell Banker Realty

Last Buyer's Agent

Fortunato Cambareri

Fortunato Cambareri Inc. License #31CA0909104

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $60,350

Year Built

  • Built in 1950

Lot Details

  • 5,441 Sq Ft Lot
  • No Common Walls

Parking

  • Parking Lot

Home Design

  • 10,000 Sq Ft Home

Schools

  • Mt Kisco Elementary School
  • Fox Lane Middle School
  • Fox Lane High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Assessor Parcel Number 5601-080-032-00003-000-0005

Community Details

Overview

  • 18 Units

Building Details

  • 8 Separate Electric Meters
  • 5 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$60,350

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1950
  • Attribution Contact: (914) 232-7000
  • Village: Mount Kisco
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Living Area: 10000
  • SquareFootage: 10000.00
  • SquareFootageSource: Other

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Oil, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Indirect Tank
  • NumberOfHeatingZones: 15

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Fox Lane Middle School

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5441
  • Lot Size Units: Acres
  • Parcel Number: 5601-080-032-00003-000-0005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 18
  • Separate Electric Meters: 8
  • Separate Gas Meters: 5
  • NumberOf1Bedrooms: 10
  • NumberOf2Bedrooms: 4
  • NumberOf3Bedrooms: 0
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 60350
  • Tax Map Number: 5601-080-032-00003-000-0005

MLS Schools

  • Elementary School: Mt Kisco Elementary School
  • High School: Fox Lane High School
  • Middle School District: Bedford

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Aug 8, 2024
Sold by
Asaro Properties Llc
Bought by
169-173 Lexington Avenue Llc
Seller's Agent
Justin Pieragostini
Coldwell Banker Realty
Buyer's Agent
Fortunato Cambareri
Fortunato Cambareri Inc.
List Price
$3,000,000
Sold Price
$2,200,000
Premium/Discount to List
-$800,000
-26.67%
Views
112

Purchase Details

Closed on
Sep 25, 2014
Sold by
Asaro Richard and Grant Patricia
Bought by
Asaro Properties Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
169-173 Lexington Avenue Llc $630,000 Attorneys Title
Asaro Properties Llc -- The Judicial Title Ins Agenc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $2,200,000 -21.4% $220 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $2,800,000 -6.7% $280 / Sq Ft
11/14/2023 11/14/23 For Sale $3,000,000 -- $300 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,560 $95,000 $18,800 $76,200
2023 $16,353 $95,000 $18,800 $76,200
2022 $17,159 $95,000 $18,800 $76,200
2021 $16,795 $95,000 $18,800 $76,200
2020 $16,614 $95,000 $18,800 $76,200
2019 $20,736 $95,000 $18,800 $76,200
2018 $4,781 $95,000 $18,800 $76,200
2017 $2,336 $95,000 $18,800 $76,200
2016 $14,228 $95,000 $18,800 $76,200
2015 -- $95,000 $18,800 $76,200
2014 -- $95,000 $18,800 $76,200
2013 -- $95,000 $18,800 $76,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6273130

OneKey® MLS

APN: 5601-080-032-00003-000-0005