Three-Unit Apartment
13 Fostoria St, Highland Falls, NY 10928
For Sale
$575,000
The layout places one apartment on the ground level and two more on the upper floor, with shared laundry and storage areas below.
Property Size2,258 SF
Days on Market50
Property Features for 13 Fostoria St
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer facilities
storage
Building Details
Building Size
Year Built
Buildings
Units
Tenancy
Listed By:
Deborah Nunziato
(845) 674-7552
Source:
Elliman
Added: Sep 26
Changed: Nov 4
Last Checked: Nov 12 at 8:55AM
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 Deborah Nunziato
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1910 triplex contains three one-bedroom, one-bath apartments. One unit occupies the full first floor, while the other two are on the second floor; one of those units has walk-up attic access. Basement space includes washer and dryer facilities and areas available for unit-specific storage. Recent work includes a new oil tank, updated plumbing, two electric water heaters serving apartments 1 and 2, refinished hardwood floors in the first-floor apartment, and replaced porch steps. All three apartments are occupied under month-to-month tenancies. The owner pays for oil heat, water, sewer, and trash; tenants cover electricity, hot water, internet, and phone service.
The property is at 13 Fostoria St in Highland Falls, less than one mile from West Point’s gates. Roe Park is within walking distance, with sports fields, a playground, pavilion, seasonal pool, and community events. Bear Mountain State Park is a short drive away, and train stations with service to New York City are within an approximately 18-minute drive. The home is being sold as is.
The property is at 13 Fostoria St in Highland Falls, less than one mile from West Point’s gates. Roe Park is within walking distance, with sports fields, a playground, pavilion, seasonal pool, and community events. Bear Mountain State Park is a short drive away, and train stations with service to New York City are within an approximately 18-minute drive. The home is being sold as is.
Key Highlights
- Three one‑bedroom, one‑bath apartments
- One apartment spans the first floor; two units are on the second floor
- Basement has washer and dryer facilities plus potential storage areas for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,880
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,600
$897.6K
Cap Rate 7%
$641,143
$641.1K
Cap Rate 9%
$498,667
$498.7K
Market Conditions
NOI Build-Up for 2,258 SF
Gross rent
$66.4K $29.40/SF
− Vacancy
−$2.3K −$1.01/SF
EGI
$64.1K $28.39/SF
− OpEx
−$19.2K −$8.52/SF
NOI
$44.9K $19.88/SF
Area
Orange County, NY
Vacancy
3.42%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$897,600
Cap Rate 7%
$641,143
Cap Rate 9%
$498,667
Alternative Uses
Best Use
Multifamily LT 5
$641.1K
$561.0K – $748.0K
NOI $44,880 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$603.4K
$528.0K – $704.0K
NOI $42,237 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$764.8K
$669.2K – $892.2K
NOI $53,533 @ 7.0% cap · market cap 9.31%
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
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
Demographics for 10928, NY
4,637
Population
2,442
Households
1.9
Avg Household Size
40
Median Age
33%
College-Educated
88%
High-School Grad
8.4 sq mi
ZIP Area
552
Density / Sq Mi
$96,106
Median Household Income
$53,338
Median Earnings
$1,717
Median Rent
$307,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Triplexes in Orange County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The layout places one apartment on the ground level and two more on the upper floor, with shared laundry and storage areas below.
Where is this triplex located?
The property is located at 13 Fostoria St Highland Falls, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Three one‑bedroom, one‑bath apartments; One apartment spans the first floor; two units are on the second floor; Basement has washer and dryer facilities plus potential storage areas for each unit
