340 Locust Ave Port Chester, NY 10573
Estimated payment $5,946/month
About This Home
Exceptional Investment Opportunity: Three-Family Property in Port Chester, NY
Presenting an upgraded legal three-family residence at 340 Locust Avenue, 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.
Property Highlights:
• 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: A well-appointed 1-bedroom, 1-bathroom apartment with a cozy living area and functional kitchen.
• Unit 3: A 1-bedroom, 1-bathroom unit with its own private entrance.
Tenant Strength: All three units are occupied by reliable tenants with excellent rental histories, providing steady income and peace of mind for investors.
Recent Upgrades & Features:
• Interior Improvements: Renovated kitchens and bathrooms, plus new flooring throughout.
• Newly Sealed Roof: Ensuring long-term durability and lower maintenance costs.
• Submetered Units: Tenants are 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: 10/02/2025
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
Community Details
- 3 Units
- 1 Separate Gas Meter
Listing and Financial Details
- Legal Lot and Block 44 / 2
- Assessor Parcel Number 4801-136-000-00063-002-0044-0000000
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 | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $890,000 | 0.0% | $310 / 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 | View Prior Sale |
| 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 |
|---|---|---|---|
| Previous Owner | $315,000 | Commercial | |
| Previous Owner | $357,000 | Unknown |
Source: OneKey® MLS
MLS Number: 919788
APN: 4801-136-000-00063-002-0044-0000000
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