NOT LISTED FOR SALE

188 Spring St Ossining, NY 10562

5 Beds
5 Baths
3,000 Sq Ft
6,813 Sq Ft Lot

Last Sold August 18, 2021

Last sale price $672,000 $224 Per Sq Ft

51 Days on Market

About This Home

As of August 2021

5 Units in Ossining! 8.28 CAP RATE! 7.9 GRM. Solid Cash Flowing Building. 5 Free Market Apartments, 100% Occupied, with Long Term Tenants. There is additional upside in increasing rents, several lease terms coming due, and a vacant 3-bay garage/workshop. Opportunity to purchase with 204/206 Spring Street for a 10 UNIT Package Sale.

Last Agent to Sell the Property

Devin McCrossan

MXN Real Estate, LLC License #10491209176 Listed on: 02/17/2021

MXN Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,823

Year Built

  • Built in 1900

Lot Details

  • 6,813 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Detached Garage

Home Design

  • 3,000 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Anne M Dorner Middle School
  • Ossining High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Oil Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 4203-097-007-00000-000-0058-000-0-5

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,823

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Attribution Contact: 914-874-8588
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Total Bathrooms: 5
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Living Area: 3000.00
  • Square Footage: 3000.00

Garage/Parking

  • Total Parking Spaces: 5.00
  • Attached Garage: No
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Description: Detached, Private

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Electric, Baseboard
  • Hot Water: Fuel Oil Stand Alone
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Anne M Dorner Middle School

Lot Info

  • Lot Size Acres: 0.1600
  • Lot Size Sq Ft: 6813.00
  • Lot Size Units: Acres
  • Parcel Number: 4203-097-007-00000-000-0058-000-0-5
  • Property Attached: No

Rental Info

  • Hold Start Date: 2021-04-04
  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2021-08-18
  • Tax Annual Amount: 15823.00
  • Tax Map Number: 4203-097-007-00000-000-0058-000-0-5

Multi Family

  • Fuel Expense: 3600.00
  • Units Total: 5
  • 1 Bedrooms: 4
  • Two Bedrooms: 1
  • Separate Electric Meters: 6
  • Separate Gas Meters: 6

MLS Schools

  • Elementary School: Call Listing Agent
  • High School: Ossining High School
  • Middle School District: Ossining
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $672,000 0.0% $224 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/04/2021 04/04/21 Off Market $672,000 -- --
02/17/2021 02/17/21 For Sale $695,000 -- $232 / Sq Ft
Source: OneKey® MLS

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 $21,386 $651,300 $264,600 $386,700
2023 $21,519 $632,700 $256,900 $375,800
2022 $22,270 $580,500 $229,300 $351,200
2021 $16,479 $553,300 $218,400 $334,900
2020 $12,054 $465,700 $218,400 $247,300
2019 $16,320 $385,800 $218,400 $167,400
2018 $15,225 $385,800 $218,400 $167,400
2017 $9,322 $360,900 $210,000 $150,900
2016 $174,621 $360,900 $210,000 $150,900
2015 -- $20,450 $4,200 $16,250
2014 -- $25,300 $4,200 $21,100
2013 -- $25,300 $4,200 $21,100
Source: Public Records

Agents Affiliated with this Home

  • Devin McCrossan

    Seller's Agent in 2021

    Devin McCrossan

    MXN Real Estate, LLC

    (914) 228-2656

    2 in this area

    48 Total Sales

    Devin McCrossan
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Map

Source: OneKey® MLS

MLS Number: KEY6096138

OneKey® MLS
New York Westchester County Ossining 10562

188 Spring St, Ossining, NY

Not Listed for Sale

MultiFamily

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