NOT LISTED FOR SALE

188 Spring St Ossining, NY 10562

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

Sale Details

Date 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

Douglas Elliman Real Estate License #10301219954 Listed on: 02/17/2021

Douglas Elliman Real Estate

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

6,813 Sq Ft Lot

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

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

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Map

Source: OneKey® MLS

MLS Number: KEY6096138

OneKey® MLS
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