Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21 N Chatsworth Ave, Unit 4N Larchmont, NY 10538

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $315,000

    Charming prewar apartment with modern amenities near Larchmont train.

    Lot size:
    1.64 Acres

    Property Features for 21 N Chatsworth Ave

    General Information

    Lot size
    1.64 Acres

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Mary Gail Barry
    Source: Elliman

    Listing Agent: Mary Gail Barry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prewar Apartment Near Train

    Located in Larchmont, The Stonecrest is a prewar building combining classic charm with modern convenience, situated near the train and village center. This corner apartment features an entry foyer, dining area, and a large living room. The kitchen is a classic white eat-in style with stainless steel appliances. The spacious bedroom includes two closets. Additional features include high ceilings, moldings, hardwood floors, recessed lighting, and closet space. Building amenities include a lobby, outdoor courtyard, laundry room, bike room, and storage. Parking options consist of available street parking, a nearby municipal lot, and a waitlist for garage parking.
    Location Intelligence

    Current Use by Public Records

    CVS Photo Photo Lab Dr. Peg Cozzi Marriage Or Relationship Counselor CVS Pharmacy Pharmacy CVS Greeting Card Shop UPS Access Point ... Shipping Service

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Larchmont
    County
    Westchester
    State
    New York
    Longitude
    -73.7517215
    Latitude
    40.9302655

    Nearby Similar for Sale

    • $1,100,000
      0.11 Acres

      Spacious Larchmont Two-Family House

      Rare two-family house in prime Larchmont location.
      5 Dillon Rd, Larchmont, NY 10538
      View Details
    • $208,000

      Garden Apartment Near Larchmont Village

      Spacious apartment near Larchmont Village with updated features.
      1815 Palmer Ave, Larchmont, NY 10538
      View Details
    • $410,000

      Larchmont One-Bedroom with Private Entrance

      Charming one-bedroom near train, shops, and restaurants.
      14 N Chatsworth Ave, Larchmont, NY 10538
      View Details
    • $595,000

      Updated Larchmont Apartment Near Train

      Updated 2 bed, 2 bath apartment in the heart of Larchmont.
      17 N Chatsworth Ave, Larchmont, NY 10538
      View Details
    • $185,000

      Larchmont Elevator Building Apartment

      Well-kept Larchmont apartment near Metro North and town.
      1299 Palmer Ave, Larchmont, NY 10538
      View Details
    • $219,000

      Charming Larchmont Apartment with Entrance

      Renovated 2-bedroom apartment in Larchmont with private entrance.
      1440 Boston Post 8K, Larchmont, NY 10543
      View Details
    • $779,000

      Larchmont Multifamily Property Available

      Multifamily property for sale in Larchmont, New York.
      16 N Chatsworth Ave, Larchmont, NY 10538
      View Details
    • $99,000
      790 SF

      Larchmont Office Space: Prime Location

      790 sq ft Office, Ideal for Professionals
      1815 Palmer Ave Unit, Larchmont, NY 10538
      View Details
    • Contact for pricing
      13,406 SF

      Larchmont Porsche Dealership

      Prime Retail Auto Shop, High Traffic
      2500 Boston Post Rd, Larchmont, NY 10538
      View Details

    FAQs

    What type of property is this?
    Apartment building - Charming prewar apartment with modern amenities near Larchmont train.
    Where is this apartment building located?
    The property is located at 21 N Chatsworth Ave, Unit 4N Larchmont, NY.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Prime Location: Steps from train and vibrant village center.; - Prewar Charm with Modern Updates: Blends classic architecture with modern amenities.; - Bright Corner Apartment: Offers abundant natural light.
    (914) 715-5835
    Request Owner's contact information
    21 N Chatsworth Ave, Unit 4N Larchmont, NY 10538
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 N Chatsworth Ave, Unit 4N
    Larchmont, NY 10538
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    21 N Chatsworth Ave, Unit 4N Larchmont, NY 10538
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mary Gail Barry
    (914) 715-5835
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.