$1,200,000
SOLD MAY 19, 2020
12 Beds
4 Baths
4,729 Sq Ft
0.37 Acres

Recently Sold

$254 Per Sq Ft

4% Above List Price

32 Days on Market

About This Home

As of May 2020

LOCATION, LOCATION, LOCATION!!! This is a RARE investment opportunity to own in Briarcliff Manor. Welcome to this 4 family Tri-plex building. This property sits on a very large parcel of land. This building is four identical three level units. Each unit has a living room, dining room, kitchen on the first floor, 2 bedrooms and a bathroom on the second floor, and one bedroom on the third floor. Each unit has its own unfinished basement with separate meters. Cap rate above 7.7 when fully rented. You may be able to live rent free depending upon your downpayment. Add this to your portfolio or call this new multi family home!!!

Last Agent to Sell the Property

John Buoninfante

Real Broker NY LLC License #10301211182 Listed on: 02/13/2020

Last Buyer's Agent

Laura Nardone

RE/MAX Prime Properties License #10401273903

RE/MAX Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,396

Year Built

  • Built in 1905

Lot Details

  • 0.37 Acre Lot
  • Corner Lot

Home Design

  • Quadruplex
  • Frame Construction

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Parking

  • 9 Parking Spaces
  • Driveway
  • Assigned Parking

Schools

  • Todd Elementary School
  • Briarcliff Middle School
  • Briarcliff High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 4201-098-010-00000-000-0041-000-0-2

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,396

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Property Condition: Actual
  • Year Built: 1905
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 4
  • Basement: Unfinished
  • Total Bedrooms: 12
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 9
  • Parking Description: Assigned, Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Maintenance Expense: 2800

Schools

  • Middle School: Briarcliff Middle School

Lot Info

  • Lot Size Acres: 0.3721
  • Lot Size Area: 0.3721
  • Lot Size Sq Ft: 16209
  • Building Area Total: 4729
  • Lot Features: Corner Lot
  • Parcel Number: 4201-098-010-00000-000-0041-000-0-2
  • Property Attached: No

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • Insurance Expense: 4062

Tax Info

  • Tax Annual Amount: 27396
  • Tax Year: 2019

MLS Schools

  • Elementary School: Todd Elementary School
  • High School: Briarcliff High School

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Range of Values:

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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 Change Sq Ft Price
12/11/2024 12/11/24 Off Market $1,200,000 -- --
08/30/2020 08/30/20 Rented $2,900 -3.3% --
07/24/2020 07/24/20 For Rent $3,000 0.0% --
05/19/2020 05/19/20 Sold $1,200,000 +4.3% $254 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $1,150,000 -- $243 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6003693

OneKey® MLS