6-Unit Apartment
New
For Sale
$1,099,222
Pending
17 19 Edward Street, Ossining, NY 10562
Residents pay their own gas and electric, while the owner covers water service.
Property Size5,196 SF
Days on Market5
Property Features for 17 19 Edward Street
General Information
Standard status
Pending
Size
5,196 SF
Units
Unit Mix
4 x 2BR, 2 x 3BR
Multifamily Units
6
Individually Metered Utilities
electricity, gas
Additional Details
Cap Rate
7%
Public Transit
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$24,362
Amenities
Storage Space,Unfinished
3
Yes
Storage Space, Unfinished
Blinds,light fixtures,2 microwaves,6 refrigerators,6 ovens/ranges
Public
No
On Street
5196
Building Details
Building Size
5,196 SF
Year Built
1920
Stories
3
Listing Agency:
Mark Seiden Real Estate Team
(516) 703-2918
Listed By:
John Taylor
Source:
Hedgestonehomes
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:49PM
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 Mark Seiden Real Estate Team
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Investment Insights
Based on property information with market context.
This 5,196-square-foot apartment building contains six units: four with two bedrooms and two with three. All units are leased through September 2027. Built in 1920, the property has seven electric meters, six gas meters, and six individual water heaters. Residents pay for gas and electric; the owner pays for water. Street parking is available.
Park School is directly across the street, and shops, restaurants, the train station, and other schools are within walking distance. The property has a 7% cap rate.
Park School is directly across the street, and shops, restaurants, the train station, and other schools are within walking distance. The property has a 7% cap rate.
Key Highlights
- Six units: four two‑bedroom apartments and two three‑bedroom apartments
- All six leases run through September 2027
- 5,196 square feet; built in 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,120
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,782,400
$1.8M
Cap Rate 7%
$1,273,143
$1.3M
Cap Rate 9%
$990,222
$990.2K
Market Conditions
NOI Build-Up for 5,196 SF
Gross rent
$171.5K $33.00/SF
− Vacancy
−$9.4K −$1.82/SF
EGI
$162.0K $31.19/SF
− OpEx
−$72.9K −$14.03/SF
NOI
$89.1K $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%
$1,782,400
Cap Rate 7%
$1,273,143
Cap Rate 9%
$990,222
Alternative Uses
Best Use
Apartment 5plus
$1.27M
$1.11M – $1.49M
NOI $89,120 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.57M
$1.37M – $1.83M
NOI $109,867 @ 7.0% cap · market cap 9.99%
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
6
Residential units
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 10562, NY
34,252
Population
12,745
Households
2.7
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
2,537
Density / Sq Mi
$113,069
Median Household Income
$53,499
Median Earnings
$2,118
Median Rent
$486,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Residents pay their own gas and electric, while the owner covers water service.
Where is this apartment building located?
The property is located at 17 19 Edward Street Ossining, NY.
What is the asking price?
The asking price for this property is $1,099,222.
What are key features of this property?
This property features: Six units: four two‑bedroom apartments and two three‑bedroom apartments; All six leases run through September 2027; 5,196 square feet; built in 1920
