Three-Unit Multifamily
128 Touraine Ave, Portchester, NY 10573
For Sale
$899,000
Three separate living areas, private entrances, and separate utilities support a range of household arrangements.
Property Size2,360 SF
Price / SF$380.93
Days on Market15
Property Features for 128 Touraine Ave
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
off-street parking
fenced yard
Building Details
Buildings
Listing Agency:
The Bridge Realty Group NY LLC
Listed By:
Maxwell B. Erni · License #REB.0794185
(914) 413-4093
Source:
Exprealty
Added: Oct 26
Changed: Nov 8
Last Checked: Nov 8 at 9:59AM
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 The Bridge Realty Group NY LLC
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Investment Insights
Based on property information with market context.
This 2,360-square-foot multifamily home contains three separate living spaces: two units with three bedrooms and one bathroom each, plus a one-bedroom, one-bath apartment. Each space has its own entrance; the smaller apartment also includes a kitchen. The main units have kitchens, and one features hardwood floors while the other has an eat-in kitchen. Separate utilities, updated mechanicals, off-street parking, and a fenced yard are additional property features.
The property is at 128 Touraine Ave in Port Chester, with access to Metro-North and I-95 and I-287. Downtown Port Chester, its restaurants, waterfront, and the Capitol Theatre are among the nearby destinations; Rye and Greenwich are also described as minutes away.
The property is at 128 Touraine Ave in Port Chester, with access to Metro-North and I-95 and I-287. Downtown Port Chester, its restaurants, waterfront, and the Capitol Theatre are among the nearby destinations; Rye and Greenwich are also described as minutes away.
Key Highlights
- Three separate living spaces: two 3‑bedroom units and one 1‑bedroom apartment
- 2,360 square feet
- Separate entrances and utilities for the living spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,478
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,560
$809.6K
Cap Rate 7%
$578,257
$578.3K
Cap Rate 9%
$449,756
$449.8K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$77.9K $33.00/SF
− Vacancy
−$4.3K −$1.82/SF
EGI
$73.6K $31.19/SF
− OpEx
−$33.1K −$14.03/SF
NOI
$40.5K $17.15/SF
Area
Westchester County, NY
Vacancy
5.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,560
Cap Rate 7%
$578,257
Cap Rate 9%
$449,756
Alternative Uses
Best Use
Apartment 5plus
$578.3K
$506.0K – $674.6K
NOI $40,478 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,227 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Multifamily properties in Portchester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Three separate living areas, private entrances, and separate utilities support a range of household arrangements.
Where is this multifamily property located?
The property is located at 128 Touraine Ave Portchester, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three separate living spaces: two 3‑bedroom units and one 1‑bedroom apartment; 2,360 square feet; Separate entrances and utilities for the living spaces
