$5,000,000
$750K PRICE DROP

86 Purchase St Rye, NY 10580

Estimated payment $32,244/month

Total Views 14,262
7 Beds
7 Baths
10,000 Sq Ft
$500 Price per Sq Ft

Highlights

  • Radiant Floor
  • 3-minute walk to Rye Station
  • Heating System Uses Steam
  • Rye Middle School Rated A+
  • Window Unit Cooling System
  • High Speed Internet

About This Home

Prime Mixed-Use Investment in the Heart of Rye!Exceptional 11-unit mixed-use property located steps from the Metro-North Rail Station. Fully occupied and income-producing, this turnkey asset features 5 commercial spaces and 6 residential units. Situated in one of Westchester's most dynamic and walkable downtowns, this building offers unbeatable visibility and convenience. Impeccably maintained, it's a true cash-flowing investment in a thriving market. Join the energy of Rye's downtown renaissancethis is a rare opportunity to own a cornerstone property in one of the county's most sought-after locations.

Listing Agent

Michael Castellano

Gilcrest Properties License #10311203179 Listed on: 05/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Home Design

  • Mixed Use
  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Wood Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Steam
  • Water Heater
  • High Speed Internet

Additional Features

  • Radiant Floor
  • Basement Fills Entire Space Under The House
  • 4,792 Sq Ft Lot

Community Details

  • 13 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Assessor Parcel Number 146-7-3-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub-Type: Multi Family
  • Lot Size Acres: 0.11
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Co List Office Phone: 518-610-8121
  • MLS Status: Active
  • General Property Information Lot Size Acres: 0.11
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Cooling:Central Air: Yes
  • Cooling:Window Unit(s): Yes
  • Water Source:Public: Yes
  • General Property Information Basement YN: Yes
  • Foundation Details Stone2: Yes
  • Foundation Details BrickMortar: Yes
  • Structure Type Mixed Use: Yes
  • Meter Information Number Of Separate Gas Meters: 2
  • Location Tax and Legal Town Tax2: 13629.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other, Water Heater
  • Interior Amenities: High Speed Internet
  • Basement: Full, Unfinished
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Full Basement: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Construction Type: Brick, Frame, Vinyl Siding, Wood Siding
  • Foundation Details: Brick/Mortar, Stone
  • Construction Materials:Frame: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Paved2: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service, Circuit Breakers
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Radiant Floor, Steam
  • HeatingYN: Yes
  • Water Source: Public
  • Water Heater: Yes
  • Heating:Steam: Yes
  • Heating:Radiant Floor: Yes

Schools

  • Junior High Dist: Rye City

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 146-7-3-1
  • Zoning Description: B-2

Rental Info

  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Hot Water, Oil, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: Electricity, Gas
  • Rent Control: No

Multi Family

  • Number Of Units Total: 13

Map

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
07/15/2025 07/15/25 Price Changed $5,000,000 -13.0% $500 / Sq Ft
05/07/2025 05/07/25 For Sale $5,750,000 -- $575 / Sq Ft
Source: Hudson Valley Catskills Region Multiple List Service

Source: Hudson Valley Catskills Region Multiple List Service

MLS Number: 157072

Hudson Valley Catskills Region Multiple List Service

New York Westchester County Rye 10580

86 Purchase St, Rye, NY

This home is located at 86 Purchase St, Rye, NY 10580 and is currently priced at $5,000,000, approximately $500 per square foot. This property was built in 1890. 86 Purchase St is a home located in Westchester County with nearby schools including Rye Middle School, Rye High School, and Rye Country Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hudson Valley Catskills Region Multiple List Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Michael Castellano
Listing Agent
Michael Castellano
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Gilcrest Properties
(914) 350-4276