Two-Family Duplex with
For Sale
Contact for pricing
15 Bulkley Avenue, Portchester, NY 10573
Occupied apartments, flexible month-to-month terms, detached garage, and off-street parking in Port Chester.
Days on Market14
Property Features for 15 Bulkley Avenue
General Information
Standard status
Active
Property subtype
Duplex
Zoning
CD-5
Occupancy
100%
Additional Details
Gross Income
$61,200
Building Details
Building Size
2,294 SF
Year Built
1900
Tenancy
Multi
Listing Agency:
C. J. Pagano & Sons, Inc.
(914) 447-8768
Listed By:
Christopher Krzeminski · License #10301223659
Source:
Totallywestchester
Added: Jul 19
Changed: Jul 31
Last Checked: Jul 31 at 6:18PM
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 C. J. Pagano & Sons, Inc.
Investment Insights
Based on property information with market context.
This two-family duplex property at 15 Bulkley Avenue includes two occupied apartments, each leased on a month-to-month basis. The property also features a detached garage and additional off-street parking. Built in 1900, the asset provides an existing residential configuration with flexibility for future planning.
The property is located in Port Chester within the Village’s CD-5 Zoning District. The zoning allows higher-density development and a variety of permitted uses, subject to Village approvals. The property is a short walk from the Port Chester Metro-North station, downtown restaurants, shopping, entertainment, and the Village’s waterfront and downtown redevelopment areas.
The property is located in Port Chester within the Village’s CD-5 Zoning District. The zoning allows higher-density development and a variety of permitted uses, subject to Village approvals. The property is a short walk from the Port Chester Metro-North station, downtown restaurants, shopping, entertainment, and the Village’s waterfront and downtown redevelopment areas.
Key Highlights
- Two‑family duplex with two occupied apartments
- Both apartments are occupied on a month‑to‑month basis
- Located in the Village’s CD‑5 Zoning District
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 | $68.3k | $29.76 |
| − Vacancy | −$4.4k | −$1.93 |
| EGI | $63.8k | $27.83 |
| − OpEx | −$19.1k | −$8.35 |
| NOI | $44.7k | $19.48 |
2,294 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$638.3K
$558.5K – $744.7K
NOI $44,682 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$562.1K
$491.8K – $655.8K
NOI $39,346 @ 7.0% cap · market cap 4.92%
Theoretical Best
Retail
$692.9K
$606.3K – $808.4K
NOI $48,505 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,404
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Occupied apartments, flexible month-to-month terms, detached garage, and off-street parking in Port Chester.
Where is this duplex located?
The property is located at 15 Bulkley Avenue Portchester, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family duplex with two occupied apartments; Both apartments are occupied on a month‑to‑month basis; Located in the Village’s CD‑5 Zoning District
