Side-by-Side Two-Family
12-14 Lincoln Street Spring Valley, NY 10977
12-14 Lincoln Street, Spring Valley, NY, 10977
$1,725,000
For Sale
$1,725,000
Side-by-side two-family townhome with finished basement, 5 bedrooms and 3 bathrooms per unit, and three levels of living space.
Property Size5,039 SF
Price / SF$342.33
Days on Market432
Property Features for 12-14 Lincoln Street
General Information
- Standard status
- Active
- Size
- 5,039 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2005
Listing agency
Howard Hanna Rand Realty
(917) 624-0411
Listed by
Arthur Gelb · License #10401379621
(917) 624-0411
Source
Exitrealty
Added: May 17, 2025 Updated: Jul 22 at 12:14PM Checked: Jul 22 at 12:14PM
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 Howard Hanna Rand Realty
Investment Insights
Based on property information with market context.
Spacious side-by-side two-family townhome featuring an upgraded townhome-style layout across three levels. Each unit includes 5 bedrooms and 3 bathrooms, with finishes such as hardwood floors, granite countertops, recessed lighting, formal dining rooms, and walk-in closets. A finished full basement offers soaring 10' ceilings and above-ground access from both inside the home and the garage.
The property is situated in a well-established neighborhood and is described as minutes from major shopping centers, restaurants, medical offices, parks, and public transportation.
This configuration supports true side-by-side living with a shared outdoor space, while maintaining separate full unit layouts within the multi-family building.
The property is situated in a well-established neighborhood and is described as minutes from major shopping centers, restaurants, medical offices, parks, and public transportation.
This configuration supports true side-by-side living with a shared outdoor space, while maintaining separate full unit layouts within the multi-family building.
Key Highlights
- Year built 2005 side‑by‑side two‑family townhome with nearly 5,039 sq ft total living space
- Finished full basement with 10' ceilings and above‑ground access from inside the home and from the garage
- Each unit offers an upgraded townhome‑style layout with 5 bedrooms and 3 bathrooms
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 | $136.1k | $27.00 |
| − Vacancy | −$8.8k | −$1.76 |
| EGI | $127.2k | $25.25 |
| − OpEx | −$38.2k | −$7.57 |
| NOI | $89.0k | $17.67 |
5,039 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.27M
$1.11M – $1.48M
NOI $89,047 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$1.18M
$1.03M – $1.38M
NOI $82,580 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$3.33M
$2.92M – $3.89M
NOI $233,218 @ 7.0% cap · market cap 13.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Side-by-side two-family townhome with finished basement, 5 bedrooms and 3 bathrooms per unit, and three levels of living space.
Where is this duplex located?
The property is located at 12-14 Lincoln Street Spring Valley, NY.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Year built 2005 side‑by‑side two‑family townhome with nearly 5,039 sq ft total living space; Finished full basement with 10' ceilings and above‑ground access from inside the home and from the garage; Each unit offers an upgraded townhome‑style layout with 5 bedrooms and 3 bathrooms
