NOT LISTED FOR SALE
8 Beds
4 Baths
3,888 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: February 26, 2025

Last sale price $934,500 $240 Per Sq Ft

10 Days on Market

Highlights

  • Main Floor Bedroom
  • 4-minute walk to Ossining Station
  • Baseboard Heating
  • Bathroom on Main Level

About This Home

As of February 2025

**Investment Opportunity in Ossining, New York**Nestled in the charming heart of Ossining, NY, awaits a lucrative investment property that promises both location convenience and high returns. This brick 4-family building boasts four independent units, each featuring 2 spacious bedrooms and 1 inviting bathroom. Convenience is key with this property as it is situated within walking distance to the bustling restaurants along Main Street and the nearby train station, making it an attractive choice for potential tenants. With a history of high demand for rental properties in this area, securing tenants will be a breeze, ensuring a steady stream of income for investors. Offered at a remarkable over 10% cap rate, this property presents an enticing investment opportunity with low property taxes amounting to just $15,581. The estimated potential gross income exceeds $120,000 annually, making it a promising venture for savvy investors looking to maximize their returns. This property offers a mix of immediate income and further growth potential, with 2 units delivered vacant for immediate customization and 2 units already occupied, providing immediate rental income. Don't miss out on this fantastic opportunity to secure a property in a prime location at a great price point. Act now and reap the rewards of this thriving investment in Ossining, NY! For more information or to schedule a viewing, contact us today! #InvestmentProperty #OssiningNY #HighReturns..Buyers must sign up and place bids though www.xome.com. All auction properties are subject to a 5% buyer s premium pursuant to the Event Agreement and Auction Terms & Conditions minimums will apply . Buyers and buyers agent to verify any and all info. Occupants are not to be disturbed

Last Agent to Sell the Property

Arafat Ibrahim

AI Realty Brokerage LLC Brokerage Phone: 914-346-7674 License #10491210443 Listed on: 01/13/2025

Last Buyer's Agent

Arafat Ibrahim

AI Realty Brokerage LLC Brokerage Phone: 914-346-7674 License #10491210443 Listed on: 01/13/2025

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,581

Year Built

  • Built in 1880

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Exterior

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 4 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Storage

Schools

  • Claremont Elementary School
  • Anne M Dorner Middle School
  • Ossining High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • 4 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Assessor Parcel Number 4203-089-019-00000-000-0021-000-0-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,581

Year Built

Built in 1880

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property SubType: Quadruplex
  • Year Built: 1880
  • Attribution Contact: 914-346-7674
  • Carport Y N: No
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 934500.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 5500000.0000
  • CurrentPrice_By_BuildingAreaTotal: 240.35494
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • Full Bathrooms: 4
  • Basement: Storage Space, Unfinished, Walk-Out Access
  • Total Bedrooms: 8
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Block, Brick
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Anne M Dorner Middle School

Lot Info

  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Parcel Number: 4203-089-019-00000-000-0021-000-0-6
  • Property Attached: No

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 4

Tax Info

  • Tax Annual Amount: 15581.27
  • Tax Year: 2024

MLS Schools

  • Elementary School: Claremont School
  • High School: Ossining High School

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
May 15, 2026
Sold by
Bought by

Purchase Details

Listed on
Jan 13, 2025
Closed on
Feb 4, 2025
Sold by
Bought by
Seller's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
Buyer's Agent
Arafat Ibrahim
AI Realty Brokerage LLC
List Price
$825,000
Sold Price
$934,500
Premium/Discount to List
$109,500
13.27%
Views
59

Purchase Details

Closed on
Dec 9, 2024
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2007
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
$516,800
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2003
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
$230,000
Interest Rate
5.6%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ossining, NY

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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
-- First American Title Insurance
$934,500 Servicelink
$638,828 None Listed On Document
$544,000 The Judicial Title Ins Agenc
-- Commonwealth Land Title Ins
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
Previous Owner $516,800
Previous Owner $230,000
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
02/26/2025 02/26/25 Sold $934,500 +13.3% $240 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $825,000 -- $212 / 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 -- $387,000 $187,000 $200,000
2024 $17,137 $364,100 $187,000 $177,100
2023 $18,854 $353,700 $187,000 $166,700
2022 $15,182 $321,400 $187,000 $134,400
2021 $17,244 $377,200 $187,000 $190,200
2020 $14,417 $370,300 $187,000 $183,300
2019 $14,489 $342,500 $187,000 $155,500
2018 $23,356 $342,500 $187,000 $155,500
2017 $1,739 $320,900 $187,000 $133,900
2016 $155,358 $320,900 $187,000 $133,900
2015 -- $18,500 $3,200 $15,300
2014 -- $18,500 $3,200 $15,300
2013 -- $18,500 $3,200 $15,300
Source: Public Records

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Map

Source: OneKey® MLS

MLS Number: 813275

OneKey® MLS
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