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Mixed-Use Building in Excellent Condition

121 S Regent Street Portchester, NY 10573

121 S Regent Street, Portchester, NY, 10573
$1,650,000
For Sale
Claim this Listing
$1,650,000

Three-story mixed-use building with residential and commercial spaces, ample parking.

Property Size5,942 SF
Price / SF$277.68
AddedApr 3
Days on Market104
Last RefreshJul 14 at 3:13 am

Property Features for 121 S Regent Street

General Information

Standard status
Active
Size
5,942 SF
Property subtype
Commercial

Building Details

Year Built
1927

Listing office RYE PORT REAL ESTATE, INC.

Listing date Apr 3, 2026

Source Corcoran

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 RYE PORT REAL ESTATE, INC.


Investment Insights

Based on property information with market context.

This three-story stucco and brick building, offered for sale for the first time, is a mixed-use property featuring both business and residential spaces. The living area encompasses 3,892 square feet, while the gross living area totals 5,942 square feet. The property is noted to be in excellent condition and includes a parking area.

Key Highlights

  • Mixed‑use property suitable for business and residential purposes.
  • Substantial living area (3,892 sq ft) and gross living area (5,942 sq ft).
  • Excellent condition.

Local Financial Insights For Apartment 5plus

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 $196.1k $33.00
− Vacancy −$10.8k −$1.82
EGI $185.3k $31.19
− OpEx −$83.4k −$14.03
NOI $101.9k $17.15
5,942 SF · lease $33.00/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,916 @ 7.0% cap · market cap 6.18%
Second Best
Office B
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $90,991 @ 7.0% cap · market cap 5.51%
Theoretical Best
Retail
$1.79M
$1.57M – $2.09M (±1% cap)
NOI $125,641 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Joseph Tutera Funeral ... Social Service Agency

Suggested Use

Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel Bed & Breakfast (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Tanning Salon Restaurant Restaurant

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

FAQs

What type of property is this?
Mixed-use property - Three-story mixed-use building with residential and commercial spaces, ample parking.
Where is this mixed-use property located?
The property is located at 121 S Regent Street Portchester, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Mixed‑use property suitable for business and residential purposes.; **Substantial living area (3,892 sq ft) and gross living area (5,942 sq ft).**; Excellent condition.
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