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    291 Furnace Dock Rd Cortlandt Manor, NY 10567

    For Sale
    $2,550,000

    Multifamily property with eight units on 1.43 acres.

    Lot size:
    1.59 Acres

    Property Features for 291 Furnace Dock Rd

    General Information

    Lot size
    1.59 Acres

    Building Details

    Year built
    1950

    Source: eRealty Advisors, Inc Agent Avrum C. Lebrecht

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

    Overview

    Multifamily Property in Cortlandt Manor

    This multifamily property is located in Cortlandt Manor, Westchester County, New York, and offers an investment opportunity. The property comprises eight units on a 1.43-acre lot, offering potential for renting. The unit mix includes two three-bedroom units, five two-bedroom units, and one one-bedroom unit, each with one bathroom. Additionally, the property features three garages and parking spaces for 4+ cars.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Gym & Fitness Accounting Firm Department Store Discount Store Electronics Store Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Cortlandt Manor
    County
    Westchester
    State
    New York
    Longitude
    -73.885499
    Latitude
    41.2489262

    Nearby Similar for Sale

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    • $895,000

      Fully Leased Retail Property

      Retail and service property in Cortlandt Manor, NY for sale.
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      Two-Family Property with Additional Structure

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with eight units on 1.43 acres.
    Where is this apartment building located?
    The property is located at 291 Furnace Dock Rd Cortlandt Manor, NY.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: - Located in Cortlandt Manor, Westchester County, NY.; - Multifamily property with eight units.; - Property size of 1.43 acres.
    (845) 642-8271
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    291 Furnace Dock Rd Cortlandt Manor, NY 10567
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