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    19 N French Ave Elmsford, NY 10523

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    Sponsored
    For Sale
    $739,000

    MULTI_FAMILY - Cape Cod - Elmsford, NY

    Lot size:
    0.17 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 19 at 4:06 pm

    Property Features for 19 N French Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Dining Room, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 1
    Bedrooms
    4
    Bathrooms
    3
    Parking
    4
    Parking features
    Driveway
    Patio and Porch features
    Deck, Porch, Patio
    Interior features
    First Floor Bedroom, First Floor Full Bath, Formal Dining, Recessed Lighting, Washer/Dryer Hookup
    Lot size
    0.17 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1954
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Vinyl Siding
    Architectural style
    Cape Cod

    We can help!

    Listing Contact
    Jeffrey D. Hanrahan
    Jeffrey D. Hanrahan

    Keller Williams Realty Group (914) 713-3270

    Listing agent Jeffrey D. Hanrahan (914) 552-5111

    Listing date Mar 19, 2026

    MLS# 971382

    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.

    Learn more

    Property Insight Report

    Overview

    Elmsford Two-Family Home with Deck

    This well-maintained two-family home offers flexibility and comfort in Elmsford. Designed for investors and end-users, this property offers multiple paths to value, from rental income to owner-occupancy. The main unit features a Cape Cod layout with 3 bedrooms and 2 full bathrooms, bright interiors, hardwood floors, and an easy flow between living, dining, and kitchen spaces. Sliding doors open to a covered, oversized deck. The secondary unit offers a 1-bedroom layout with its own kitchen, living area, in-unit laundry, and direct access to a covered patio and backyard. Outdoor living includes a multi-tiered setup, with a covered deck, patio, and a spacious backyard. A large driveway provides parking for 4+ vehicles, with additional street parking available. Located close to major highways and approximately 13 minutes to White Plains Metro-North, with easy access to shopping, dining, parks, golf courses, and local amenities. The property is located in Westchester County, NY, with a lot size of 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmsford
    County
    Westchester
    State
    New York
    Longitude
    -73.813157
    Latitude
    41.05336

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    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family home in Elmsford with outdoor living spaces.
    Where is this duplex located?
    The property is located at 19 N French Ave Elmsford, NY.
    What is the asking price?
    The asking price for this property is $739,000.
    What are key features of this property?
    This property features: - Two-family home offering rental income potential or owner-occupancy flexibility.; - Main unit: **3 bedrooms, 2 full bathrooms, hardwood floors, bright interiors.**; - **Oversized covered deck extending living space for entertaining and relaxation.**
    (914) 552-5111
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    19 N French Ave Elmsford, NY 10523
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 N French Ave Elmsford, NY 10523
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    We can help!
    Listing Contact
    Jeffrey D. Hanrahan
    Jeffrey D. Hanrahan
    (914) 552-5111 (914) 713-3270
    Learn more
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