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    The Largest CRE Database in the US with Over 1 Million Listings

    54-56 S Grant Ave Congers, NY 10920

    Sponsored
    For Sale
    Pending
    $855,000

    Colonial, Duplex - Congers, NY

    Type:Duplex
    Property size:
    2,376 SF
    Lot size:
    0.37 Acres
    Days on Market:
    94
    Last Refresh:
    Jan 29 at 10:06 pm

    Property Features for 54-56 S Grant Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    392089-044-015-0001-059-000-0000
    Parking
    6
    Parking features
    Garage
    Interior features
    Eat-in Kitchen, Granite Counters
    Basement Y/N
    1
    Size
    2,376 SF
    Lot size
    0.37 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Central Air

    Building Details

    Year built
    1970
    Number of units
    2
    Flooring type
    Hardwood, Tile, Tile - Ceramic
    Building materials
    Frame
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Kevin F Novotny
    Kevin F Novotny

    Keller Williams Hudson Valley Realty & United (845) 639-0300

    Listing agent Kevin F Novotny (845) 639-0300 License #40NO1177562

    Listing date Oct 28, 2025

    MLS# 910220 Listing URL

    Copyright © 2025 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

    Duplex Colonial in Congers, NY

    Located in Congers, NY, this well-maintained duplex colonial presents an investment opportunity within the Clarkstown School District. The property features two spacious 3-bedroom units, each equipped with a full and half bath, updated kitchens, and modernized baths. The side-by-side layout includes a basement and a single-car garage, offering functionality and storage space. Situated on a 0.37-acre lot, the property includes a large private backyard suitable for outdoor activities. The location provides convenient access to Kings Park, Congers Lake, and Rockland Lake, with restaurants, shops, and the Hudson River within walking distance. The property's location in the Town of Clarkstown offers convenient access to major highways and NYC commuting options. The building has a total area of 2,376 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Congers
    County
    Rockland
    State
    New York
    Longitude
    -73.943471
    Latitude
    41.156465

    Nearby Similar for Sale

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      Updated Six-Unit Multifamily Property

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    • $2,799,000
      8,273 SF

      Congers, NY Multi-Room Property

      Prime Rockland County investment opportunity. 20-room building with stunning lake views.
      972 Route 9W, Congers, NY 10920
      View Details

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Clarkstown School District, ideal for investors.
    Where is this duplex located?
    The property is located at 54-56 S Grant Ave Congers, NY.
    What is the asking price?
    The asking price for this property is $855,000.
    What are key features of this property?
    This property features: - Fully occupied duplex colonial providing immediate rental income.; - Located in the award-winning Clarkstown School District with high rental demand.; - Each unit features 3 bedrooms, a full and half bath, and updated kitchens and baths.
    (845) 709-2324
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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
    54-56 S Grant Ave Congers, NY 10920
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    We can help!
    Listing Contact
    Kevin F Novotny
    Kevin F Novotny
    (845) 709-2324
    Learn more
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