Mixed-Use Building in Excellent
121 S Regent Street Portchester, NY 10573
For Sale
$1,650,000
Three-story mixed-use building with residential and commercial spaces, ample parking.
Property Size5,942 SF
Price / SF$277.68
Days on Market118
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 Agency:
RYE PORT REAL ESTATE, INC.
(914) 937-1995
Listed By:
KATHLEEN ZACCAGNINO · License #31ZA0543350
Source:
Corcoran
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 28 at 9:09AM
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.
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
NOI $101,916 @ 7.0% cap · market cap 6.18%
Second Best
Office B
$1.30M
$1.14M – $1.52M
NOI $90,991 @ 7.0% cap · market cap 5.51%
Theoretical Best
Retail
$1.79M
$1.57M – $2.09M
NOI $125,641 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
