
340 Locust Ave Port Chester, NY 10573
Port Chester NeighborhoodEstimated payment $6,253/month
About This Home
Presenting an upgraded legal three-family residence, offering a blend of classic charm and modern amenities. This property is ideal for investors seeking strong rental income or homeowners looking for an owner-occupant opportunity with supplemental revenue.
• Unit 1: Spacious 3-bedroom, 1-bathroom apartment featuring a large eat-in kitchen with stainless steel appliances. This ground-floor unit boasts generous living space, making it highly attractive to tenants.
• Unit 2: 1-bedroom, 1-bathroom apt. with a cozy living area and functional kitchen.
•Unit 3: 1-bedroom, 1-bathroom apt. with private entrance, currently leased to a long-term Section 8 tenant who has maintained the space exceptionally well. This provides steady, guaranteed rental income and the option to bring the unit to market rates in the future or vacate for owner-occupancy.
Interior Improvements: Renovated kitchens and bathrooms, plus new flooring throughout.
Newly Sealed Roof: Ensuring long-term durability and lower maintenance costs.
Submetered Units: Allowing tenants to be responsible for their own electric-utility costs, increasing efficiency.
Parking Potential: Two-car tandem driveway with additional parking opportunities in the rear of building to increase revenue.
Prime Location: Walking distance to public transportation, shopping, and dining options.
Listing Agent
Santos Realty Group, LLC Brokerage Phone: 914-939-2390 License #49SA1158855 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,666
Year Built
- Built in 1926
Lot Details
- 3,549 Sq Ft Lot
- Additional Parcels
Parking
- Driveway
Home Design
- Triplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Full Bathrooms
Schools
- Thomas A Edison Elementary School
- Port Chester Middle School
- Port Chester Senior High School
Utilities
- No Cooling
- Heating System Uses Oil
- Phone Available
- Cable TV Available
Additional Features
- Unfinished Basement
Listing and Financial Details
- Legal Lot and Block 44 / 2
- Assessor Parcel Number 4801-136-000-00063-002-0044-0000000
Community Details
Overview
- 3 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,773 | $659,500 | $107,400 | $552,100 |
2023 | $13,960 | $616,400 | $102,300 | $514,100 |
2022 | $11,579 | $581,500 | $102,300 | $479,200 |
2021 | $12,300 | $472,000 | $102,300 | $369,700 |
2020 | $12,121 | $462,700 | $102,300 | $360,400 |
2019 | $15,982 | $415,900 | $103,600 | $312,300 |
2018 | $8,420 | $382,500 | $104,300 | $278,200 |
2017 | $1,701 | $407,100 | $96,200 | $310,900 |
2016 | $14,938 | $386,300 | $91,600 | $294,700 |
2015 | -- | $376,900 | $100,700 | $276,200 |
2014 | -- | $329,900 | $77,100 | $252,800 |
2013 | -- | $329,900 | $77,100 | $252,800 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | Price Changed | $925,000 | -6.6% | $323 / Sq Ft |
06/16/2025 06/16/25 | Price Changed | $990,000 | -5.7% | $345 / Sq Ft |
04/01/2025 04/01/25 | For Sale | $1,050,000 | 0.0% | $366 / Sq Ft |
12/11/2024 12/11/24 | Off Market | $2,450 | -- | -- |
07/15/2019 07/15/19 | Rented | $2,600 | 0.0% | -- |
06/30/2019 06/30/19 | For Rent | $2,600 | 0.0% | -- |
06/26/2019 06/26/19 | Off Market | $2,600 | -- | -- |
06/18/2019 06/18/19 | For Rent | $2,600 | +6.1% | -- |
10/25/2018 10/25/18 | Rented | $2,450 | 0.0% | -- |
10/02/2018 10/02/18 | Rented | $2,450 | -16.9% | -- |
10/02/2018 10/02/18 | Under Contract | -- | -- | -- |
10/02/2018 10/02/18 | For Rent | $2,950 | 0.0% | -- |
12/11/2017 12/11/17 | Sold | $420,000 | -2.1% | $131 / Sq Ft |
10/31/2014 10/31/14 | Pending | -- | -- | -- |
10/31/2014 10/31/14 | For Sale | $429,000 | -- | $133 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Bargain Sale Deed | -- | None Listed On Document | |
Bargain Sale Deed | $420,000 | None Available | |
Deed | $420,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $483,000 | New Conventional | |
Previous Owner | $142,800 | Commercial | |
Previous Owner | $315,000 | Commercial | |
Previous Owner | $7,557 | New Conventional | |
Previous Owner | $432,000 | Unknown | |
Previous Owner | $81,000 | Unknown | |
Previous Owner | $20,000 | Credit Line Revolving | |
Previous Owner | $357,000 | Unknown |
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Source: OneKey® MLS
MLS Number: 842798

APN: 4801-136-000-00063-002-0044-0000000
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