Building Details

Building Size 1,044 SF

Year Built 1930

Listing Agency: Greene Realty Group

Listed By: Derek J. Greene · License #MA9503235-RE-B Show Phone

Source: Tuxedohudsonrealty

Added: Oct 8 Changed: Nov 3 Last Checked: Nov 3 at 8:58AM

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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 Greene Realty Group

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Investment Insights

Based on property information with market context.

This 1,044-square-foot duplex residence offers two bedrooms and one bathroom. The property was built in 1930 and has updated interior finishes, quartz countertops, and new appliances. Outdoor space provides an additional area for relaxing or entertaining.

Key Highlights

• Two‑bedroom, one‑bath residence
• 1,044 square feet
• Built in 1930

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,528

Cap Rate

6.51%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$390,560 $390.6K

Cap Rate 7%

$278,971 $279.0K

Cap Rate 9%

$216,978 $217.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,044 SF

Gross rent

$36.8K $35.28/SF

− Vacancy

−$1.3K −$1.27/SF

EGI

$35.5K $34.01/SF

− OpEx

−$16.0K −$15.30/SF

NOI

$19.5K $18.71/SF

Area

Orange County, NY

Vacancy

3.60%

Lease Rate

$35.28 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$390,560

Cap Rate 7%

$278,971

Cap Rate 9%

$216,978

Alternative Uses

Best Use

Apartment 5plus

$279.0K

$244.1K – $325.5K (±1% cap)

NOI $19,528 @ 7.0% cap · market cap 6.51%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$353.6K

$309.4K – $412.5K (±1% cap)

NOI $24,751 @ 7.0% cap · market cap 8.25%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

138

Businesses Nearby

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Demographics for 10987, NY

4,454

Population

1,646

Households

2.7

Avg Household Size

47

Median Age

49%

College-Educated

96%

High-School Grad

33.4 sq mi

ZIP Area

133

Density / Sq Mi

$164,063

Median Household Income

$88,536

Median Earnings

$1,486

Median Rent

$682,800

Median Home Value

Frequently Asked Questions

What type of property is this?

Residential income property - The residence includes updated finishes, quartz countertops, and new appliances.

Where is this residential income property located?

The property is located at 12 East Place Tuxedo Park, NY.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Two‑bedroom, one‑bath residence; 1,044 square feet; Built in 1930