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Mixed-Use Building with Event Space

140 Terrace Avenue Portchester, NY 10573

140 Terrace Avenue, Portchester, NY, 10573
$799,000
For Sale
$799,000

MULTI_FAMILY - Port Chester, NY

Lot Size0.04 Acres
Days on Market66

Property Features for 140 Terrace Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Basement
Full, Finished, Walk-Out Access
Standard status
Active
APN
4801-136-000-00063-002-0067-0000000
Lot size
0.04 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
18820

Utilities

Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Water source
Public

Building Details

Year built
1900
Number of units
3
Building materials
Shingle Siding, Stucco
Listing agency E Realty International Corp
Listed by Cosmo Iadanza
Added: May 18 Updated: Jul 19 at 3:16PM Checked: Jul 22 at 8:06PM
MLS# 1001592

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mixed-use building includes two fully occupied residential units and a ground-floor commercial space designed for private events. The commercial area features a large open floor plan, a kitchen, and a half bath. The listing notes the space was formerly used as an Italian social club venue and is currently operated as a rentable venue for private parties, meetings, and small events.

Located at 140 Terrace Avenue in Port Chester, New York, the property is described as providing steady rental income from the residential units and supplemental income from the event venue. The listing states that the current residential rents are below market value and that most bookings have been generated through word-of-mouth with little to no formal advertising.

The commercial space may also be adaptable to other uses, subject to approvals, including professional office, medical, or wellness-related uses.

Key Highlights

  • Mixed‑use building with two fully occupied residential units providing current rental income
  • Ground‑floor commercial space is operated as a rentable venue for private parties, meetings, and small events
  • Commercial space features a large open floor plan, kitchen, and half bath

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Perfect Party Event Planning

Suggested Use

(Bike/Boat/Book/etc) Store Florist Cafe & Coffee Shop Pet Store Pet Store & Service Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two occupied residential units plus a ground-floor commercial venue with open layout, kitchen, and half bath.
Where is this duplex located?
The property is located at 140 Terrace Avenue Portchester, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Mixed‑use building with two fully occupied residential units providing current rental income; Ground‑floor commercial space is operated as a rentable venue for private parties, meetings, and small events; Commercial space features a large open floor plan, kitchen, and half bath
Contact an agent
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