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Renovated Four-Unit Apartment Building
For Sale
Contact for pricing
Pending

11 Franklin Ave, Pearl River, NY 10965

Four residential units with rear parking and recent updates, positioned near commuter rail and the town’s main thoroughfare.

Property SizeContact for details
Days on Market141

Property Features for 11 Franklin Ave

General Information

Standard status Pending
Total Parking Spaces 6
Property subtype Multifamily

Units

Unit Mix 3 x 1BR/1BA, 1 x studio
Multifamily Units 4

Additional Details

Public Transit Yes
Listing Agency: Redwood Realty
Listed By: Michael Scrima · License #NY 10301219536
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 3:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redwood Realty

Investment Insights

Based on property information with market context.

This quadplex contains four apartments: three one-bedroom, one-bathroom units and one studio. Two apartments were renovated within the last 6 months. The operating setup includes separately paid heat and hot water for each one-bedroom unit, while the landlord covers studio utilities and building cold water. Six parking spaces are located behind the building.

The property is at 11 Franklin Ave in Pearl River, with the Pearl River train station one block away. The town’s main thoroughfare is within walking distance, providing nearby access to local services and transportation.

Key Highlights

  • Four apartments: three 1‑bedroom/1‑bath units and one studio
  • Two of four units renovated within the last 6 months
  • 6 rear parking spaces

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Storage Facility Furniture & Home Goods Auto Parts Store Gym & Fitness Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

874
Businesses Nearby

Demographics for 10965, NY

15,342
Population
5,937
Households
2.6
Avg Household Size
44
Median Age
47%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
2,950
Density / Sq Mi
$136,970
Median Household Income
$67,163
Median Earnings
$2,036
Median Rent
$560,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units with rear parking and recent updates, positioned near commuter rail and the town’s main thoroughfare.
Where is this quadplex located?
The property is located at 11 Franklin Ave Pearl River, NY.
What are key features of this property?
This property features: Four apartments: three 1‑bedroom/1‑bath units and one studio; Two of four units renovated within the last 6 months; 6 rear parking spaces
More about this property
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