Exceptional opportunity to own a legal 6-unit multifamily property with stable, long-term tenants. All six units, 4-two bedroom units and 2-three bedroom units, are leased through September 2027, providing immediate, reliable rental income and a strong 7% cap rate. This well-maintained building is ideally situated in a convenient location directly across from Park School and within walking distance to shops, restaurants, the train station, and additional schools, making it an attractive location for tenants. The property's utility setup is designed to help minimize owner expenses. Tenants are responsible for their own gas and electric, while the landlord pays for water. The building features seven electric meters, six gas meters, and six individual water heaters. Street parking is readily available. Whether you're expanding your investment portfolio or seeking a turnkey income-producing property, this is a rare opportunity to acquire a well-maintained asset with dependable cash flow and long-term lease stability. There are no audio recording devices inside this property.
| MLS # | 1034832 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1920 |
| Days On Site | 64 |
| Listing Provided By | Mark Seiden Real Estate Team | Mark J. Seiden |
| SQ Feet | 5,196 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Acreage | 0.09 |
| Cooling | Multi Units, Wall/Window Unit(s) |
|---|---|
| Heating | Electric, Separate Meters |
| Appliances | Gas Cooktop, Gas Oven, Refrigerator, Gas Water Heater |
| Construction Materials | Frame, Vinyl Siding |
|---|---|
| Lot Features | Back Yard, Near Public Transit, Near School, Near Shops |
| Parking Features | On Street |
|---|
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 773900 |
| Tax Annual Amount | 24362 |
| Tax Lot | 46 |
| State | NY |
|---|---|
| County | Westchester County |
| City | Ossining |
| Zip Code | 10562 |
| School District | Ossining High School |
| Elementary School | Park School |
| High School | Ossining High School |
| Listing VS Median (in 10562) | |
Price: $1,099,222 low | high Med: $455,000 sqft: 5,196 low | high Med: 1,452 $ / sqft: $212 low | high Med: $313 On site: 64 low | high Med: 17 | |
| State | NY |
|---|---|
| County | Westchester County |
| City | Ossining |
| Zip Code | 10562 |
| School District | Ossining High School |
| Elementary School | Park School |
| High School | Ossining High School |
| Listing VS Median (in 10562) | |
Price: $1,099,222 low | high Med: $455,000 sqft: 5,196 low | high Med: 1,452 $ / sqft: $212 low | high Med: $313 On site: 64 low | high Med: 17 | |
![]() | $1,350,00028 Hamilton AvenueOssining, NY 10562 |