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7-Bedroom Multi-Family Property

46 Glen Road Eastchester, NY 10709

46 Glen Road, Eastchester, NY, 10709
$1,999,888
For Sale
$1,999,888

MULTI_FAMILY - Colonial - Eastchester, NY

Property Size4,800 SF
Lot Size0.14 Acres
Price / SF$416.64
Days on Market27

Property Features for 46 Glen Road

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
7
Bathrooms
5
Rooms
Bedroom 3, Bathroom 3, Bedroom 7, Bathroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 5, Basement, Bedroom 4
Parking
8
Parking features
Garage, Driveway
Patio and Porch features
Porch, Patio
Interior features
Washer/Dryer Hookup
Fencing
Fenced
Fireplace
1
Basement
Walk-Out Access, Finished, Full
Standard status
Active
APN
2489-040-000-00002-000-0039
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
25355

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Energy Star Qualified Equipment (Heating)
Cooling system
Central Air, ENERGY STAR Qualified Equipment
Water source
Public

Building Details

Year built
2010
Number of units
3
Building materials
Stucco
Architectural style
Colonial
Listing Agency Lombardo Homes & Estates
195 San Juan Dr, NY
Listed by Joseph V. Lombardo CBR
Added: Jun 22 Checked: Jul 18 at 6:06 pm
MLS# 1017079 Listing URL

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.

Built in 1993, this three-unit, colonial-style multi-family property offers 7 bedrooms and 5 full bathrooms across approximately 4,800 square feet. Interiors feature granite countertops and flooring, partially radiant heated granite floors, vaulted and cathedral ceilings, and spacious open kitchens with modern appliances. Each unit includes in-unit laundry, with central air conditioning, fireplaces, and ceiling fans adding year-round comfort. Additional finished living space is available in the basement. The exterior includes a stucco and brick façade, an attached garage with multiple parking spaces, and a large private backyard with a patio.

Located at 46 Glen Road in Eastchester, the home is described as within walking distance to the Crestwood Metro-North train station and close to shops, restaurants, supermarkets, and parks. It also lists Anne Hutchinson Elementary, Eastchester Middle School, and Eastchester High School.

From an occupancy and income standpoint, the current total monthly income is reported at $11,800+. The first-floor 1-bedroom unit is currently paying $1,500/month and is described as easily rentable up to $2,500/month. The second-floor 3-bedroom, 2-bath unit is leased for $5,900/month (1–3 year lease), and the third-floor 3-bedroom, 2-bath unit is leased for $4,400/month (3-year lease). Yearly gas and electric utilities are approximately $12,000, and the listing notes three separate gas and electrical meters are installed, with this cost eliminated and passed directly to tenants. Annual insurance is reported at $3,900 for a rental property with no owner living on-site.

Key Highlights

  • 7‑bedroom, 5‑bath multi‑family with approx. 4,800 SF; stucco and brick exterior
  • Current total monthly income: $11,800+ with leasing in place
  • First‑floor 1‑bedroom unit currently $1,500/mo (rents for up to $2,500/mo)

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $181.4k $37.80
− Vacancy −$15.5k −$3.23
EGI $165.9k $34.57
− OpEx −$49.8k −$10.37
NOI $116.1k $24.20
4,800 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,149 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.78M (±1% cap)
NOI $106,667 @ 7.0% cap · market cap 5.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage Hotel & Motel (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Auto Parts Store Food Market Grocery & Convenience Store Furniture & Home Goods Bakery Storage Facility

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

FAQs

What type of property is this?
Triplex - Three-unit, move-in-ready multi-family with in-unit laundry, central air, and rental income in place.
Where is this triplex located?
The property is located at 46 Glen Road Eastchester, NY.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: 7‑bedroom, 5‑bath multi‑family with approx. 4,800 SF; stucco and brick exterior; Current total monthly income: $11,800+ with leasing in place; First‑floor 1‑bedroom unit currently $1,500/mo (rents for up to $2,500/mo)
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