Three-Story Mixed-Use
For Sale
$1,485,000
121 S Regent Street, Portchester, NY 10573
Commercial Sale, Port Chester, NY
Property Size5,942 SF
Lot Size0.14 Acres
Price / SF$249.92
Days on Market225
Property Features for 121 S Regent Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com 1
Rooms
Basement
Parking
6
Parking features
Assigned
Basement
Partial, Unfinished
Directions
Boston Post Road to 121 S. Regent St or Westchester Ave to 121 S. Regent St
Standard status
Active
APN
4801-141-000-00036-002-0015-0000000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
30725
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1927
Floors in Building
3
Number of units
3
Building materials
Brick, Stucco
Buildings
1
Listing Agency:
Rye Port Real Estate, Inc.
Listed By:
Kathleen Zaccagnino · License #31ZA0543350
(914) 937-1995
Added: Mar 24
Changed: Oct 28
Last Checked: Nov 3 at 3:06PM
MLS# 976183
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This three-story mixed-use building combines business and residential space within a brick-and-stucco structure completed in 1927. The property includes 3,892 square feet of living area and 5,942 square feet of gross living area, along with a basement. Central air, natural gas availability, public water, and public sewer serve the building. Zoning is identified as Com 1.
The property is located at 121 S Regent Street in Port Chester, Westchester County, New York. Assigned parking is included, providing designated on-site parking for the mixed-use configuration. The building’s combination of commercial and residential components supports a range of occupancy arrangements within a single, established property.
The property is located at 121 S Regent Street in Port Chester, Westchester County, New York. Assigned parking is included, providing designated on-site parking for the mixed-use configuration. The building’s combination of commercial and residential components supports a range of occupancy arrangements within a single, established property.
Key Highlights
- Mixed‑use building with business and residential components
- Three‑story brick‑and‑stucco construction
- 3,892 square feet of living area and 5,942 square feet of gross living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,738
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,314,760
$2.3M
Cap Rate 7%
$1,653,400
$1.7M
Cap Rate 9%
$1,285,978
$1.3M
Market Conditions
NOI Build-Up for 5,942 SF
Gross rent
$176.8K $29.76/SF
− Vacancy
−$11.5K −$1.93/SF
EGI
$165.3K $27.83/SF
− OpEx
−$49.6K −$8.35/SF
NOI
$115.7K $19.48/SF
Area
Westchester County, NY
Vacancy
6.50%
Lease Rate
$29.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,314,760
Cap Rate 7%
$1,653,400
Cap Rate 9%
$1,285,978
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.45M – $1.93M
NOI $115,738 @ 7.0% cap · market cap 7.79%
Second Best
Apartment 5plus
$1.46M
$1.27M – $1.70M
NOI $101,916 @ 7.0% cap · market cap 6.86%
Theoretical Best
Retail
$1.79M
$1.57M – $2.09M
NOI $125,641 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,125
Businesses Nearby
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Business Placement
Demographics for 10573, NY
41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick-and-stucco commercial property with business and residential components, assigned parking, and public utilities.
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 $1,485,000.
What are key features of this property?
This property features: Mixed‑use building with business and residential components; Three‑story brick‑and‑stucco construction; 3,892 square feet of living area and 5,942 square feet of gross living area
