C.J. Nadler
Houlihan Lawrence Inc.
(914) 506-5464
48 Total Sales
1 in Ossining
$440,000 Price
188 Spring St Ossining, NY 10562
Ossining Area
5
Beds
5
Baths
3,000
Sq Ft
6,813
Sq Ft Lot
About This Home
As of August 20215 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
Douglas Elliman Real Estate License #10301219954 Listed on: 02/17/2021
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 4, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 23, 2014
Sold by
Bought by
Purchase Details
Closed on
May 7, 2014
Sold by
Bought by
Purchase Details
Closed on
Mar 22, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
6.42%
Mortgage Type
Commercial
Purchase Details
Closed on
May 17, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.58%
Mortgage Type
Stand Alone First
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ossining, NY
-
C.J. Nadler
-
Michael Vasquez
Michael Vasquez
eXp Realty
(914) 483-3731
32 Total Sales
1 in Ossining
$650,000 Price
-
Maria Campanelli
Maria Campanelli
BHHS River Towns Real Estate
(914) 529-6616
206 Total Sales
7 in Ossining
$355K - $499K Price Range
-
Leia Rodman
Leia Rodman
Corcoran Legends Realty
(914) 350-3132
43 Total Sales
1 in Ossining
$419,000 Price
-
Joanne Debellis
Joanne Debellis
Debellis Real Estate LLC
(845) 375-3979
15 Total Sales
1 in Ossining
$590,000 Price
-
Phyllis Lerner
Phyllis Lerner
Corcoran Legends Realty
(914) 506-4862
54 Total Sales
2 in Ossining
$705K - $741K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $565,000 | Metropolis Title Svcs Llc | ||
| $325,000 | None Available | ||
| $1,200,000 | None Available | ||
| -- | None Available | ||
| -- | Old Republic Natl Title Ins | ||
| -- | The Judicial Title Ins Agenc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $472,500 | ||
| Closed | $339,000 | ||
| Previous Owner | $200,000 | ||
| Previous Owner | $490,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $20,342 | ||
| Previous Owner | $129,500 | ||
| Previous Owner | $47,500 | ||
| Previous Owner | $712,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $12,634 | $659,200 | $264,600 | $394,600 |
| 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
Douglas Elliman Real Estate
(914) 228-2656
44 Total Sales
Map
Source: OneKey® MLS
MLS Number: KEY6096138
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