Triplex with 7
46 Glen Rd Eastchester, NY 10709
46 Glen Rd, Eastchester, NY, 10709
$1,999,888
For Sale
$1,999,888
Income-producing triplex with in-unit laundry, central air, and radiant heated floors across three residential units.
Property Size4,800 SF
Lot Size10,000.00 Acres
Price / SF$416.64
Days on Market26
Property Features for 46 Glen Rd
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 10,000.00 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 2010
Listing Agency
Lombardo Homes & Estates
(855) 919-0222
Listed by
Joseph V. Lombardo
(855) 919-0222
Source
Elliman
Added: Jun 23 Checked: Jul 17 at 6:42 am
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 Lombardo Homes & Estates
Investment Insights
Based on property information with market context.
Built in 1993, this triplex offers a total of 7 bedrooms and 5 full bathrooms. The interior features granite countertops and flooring, vaulted and cathedral ceilings, open kitchens with granite counters and modern appliances, and in-unit laundry. Additional comfort includes central air conditioning, fireplaces and ceiling fans, and full bathrooms with whirlpool tubs and separate showers, along with radiant heated floors that are partially heated granite. A finished basement adds extra living space. Outside, the property includes a stucco and brick exterior, an attached garage with multiple parking spaces, and a large private backyard with a patio, with city views from select areas.
Located at 46 Glen Rd in Eastchester, the home is within walking distance to the Crestwood Metro-North train station and close to shops, restaurants, supermarkets, and parks. Mobility scores show it as very walkable (walk score 76) with somewhat bikeable access (bike score 45) and moderate transit (transit score 33). Nearby schools include Anne Hutchinson Elementary, Eastchester Middle School, and Eastchester High School, with easy access to major highways.
Designed for owners and investors, the property is currently generating $11,800+ in total monthly income. The first-floor 1-bedroom unit is paying $1,500 per month and is described as easily rentable up to $2,500 per month. The second-floor 3-bedroom, 2-bath unit is listed at $5,900 per month on a 1–3 year lease, and the third-floor 3-bedroom, 2-bath unit is listed at $4,400 per month on a 3-year lease. A multi-unit layout like this can also suit an owner-occupant seeking rental income from the remaining units.
Located at 46 Glen Rd in Eastchester, the home is within walking distance to the Crestwood Metro-North train station and close to shops, restaurants, supermarkets, and parks. Mobility scores show it as very walkable (walk score 76) with somewhat bikeable access (bike score 45) and moderate transit (transit score 33). Nearby schools include Anne Hutchinson Elementary, Eastchester Middle School, and Eastchester High School, with easy access to major highways.
Designed for owners and investors, the property is currently generating $11,800+ in total monthly income. The first-floor 1-bedroom unit is paying $1,500 per month and is described as easily rentable up to $2,500 per month. The second-floor 3-bedroom, 2-bath unit is listed at $5,900 per month on a 1–3 year lease, and the third-floor 3-bedroom, 2-bath unit is listed at $4,400 per month on a 3-year lease. A multi-unit layout like this can also suit an owner-occupant seeking rental income from the remaining units.
Key Highlights
- Income‑producing triplex with 7 bedrooms, 5 full bathrooms, and approx. 4,800 SF on a approx. 10,000 SF lot
- Current total monthly income: $11,800+; first‑floor 1‑bedroom at $1,500/month (can rent up to $2,500/month)
- Second‑floor 3‑bedroom, 2‑bath rented at $5,900/month on a 1–3 year lease; third‑floor 3‑bedroom, 2‑bath at $4,400/month on a 3‑year lease
Local Financial Insights For Multifamily LT 5
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 | $181.4k | $37.80 |
| − Vacancy | −$15.5k | −$3.23 |
| EGI | $165.9k | $34.57 |
| − OpEx | −$49.8k | −$10.37 |
| NOI | $116.1k | $24.20 |
4,800 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.66M
$1.45M – $1.94M
NOI $116,149 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$1.52M
$1.33M – $1.78M
NOI $106,667 @ 7.0% cap · market cap 5.33%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Income-producing triplex with in-unit laundry, central air, and radiant heated floors across three residential units.
Where is this triplex located?
The property is located at 46 Glen Rd Eastchester, NY.
What is the asking price?
The asking price for this property is $1,999,888.
What are key features of this property?
This property features: Income‑producing triplex with 7 bedrooms, 5 full bathrooms, and approx. 4,800 SF on a approx. 10,000 SF lot; Current total monthly income: $11,800+; first‑floor 1‑bedroom at $1,500/month (can rent up to $2,500/month); Second‑floor 3‑bedroom, 2‑bath rented at $5,900/month on a 1–3 year lease; third‑floor 3‑bedroom, 2‑bath at $4,400/month on a 3‑year lease
