Building Details

Building Size 2,342 SF

Year Built 1921

Listing Agency: Coldwell Banker Realty

Listed By: Carmela Tassone · License #30TA0940462 Show Phone

Source: Totallywestchester

Added: Oct 16 Last Checked: Oct 16 at 2:01PM

Report an Issue

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 Coldwell Banker Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This triplex, built in 1921, has three distinct living areas. The lower level includes a kitchen, living room, office, full bathroom, and bedroom. On the first floor, an eat-in kitchen sits alongside a living room, full bathroom, and bedroom. The upper level contains an eat-in kitchen, living room, two bedrooms, and in-unit laundry. A three-car garage and two driveways provide on-site parking.

Shopping, major transportation, and highways are nearby.

Key Highlights

• Three separate living areas, each with a kitchen, living room, and full bathroom
• Three‑car garage and two driveways
• Upper‑level unit includes two bedrooms and in‑unit laundry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$45,617

Cap Rate

4.05%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$912,340 $912.3K

Cap Rate 7%

$651,671 $651.7K

Cap Rate 9%

$506,856 $506.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,342 SF

Gross rent

$69.7K $29.76/SF

− Vacancy

−$4.5K −$1.93/SF

EGI

$65.2K $27.83/SF

− OpEx

−$19.6K −$8.35/SF

NOI

$45.6K $19.48/SF

Area

Westchester County, NY

Vacancy

6.50%

Lease Rate

$29.76 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$912,340

Cap Rate 7%

$651,671

Cap Rate 9%

$506,856

Alternative Uses

Best Use

Multifamily LT 5

$651.7K

$570.2K – $760.3K (±1% cap)

NOI $45,617 @ 7.0% cap · market cap 4.05%

Second Best

Apartment 5plus

$573.8K

$502.1K – $669.5K (±1% cap)

NOI $40,169 @ 7.0% cap · market cap 3.57%

Theoretical Best

Retail

$707.4K

$619.0K – $825.3K (±1% cap)

NOI $49,520 @ 7.0% cap · market cap 4.40%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

229

Businesses Nearby

Explore this area Business Placement

Demographics for 10604, NY

11,526

Population

4,436

Households

2.6

Avg Household Size

41

Median Age

51%

College-Educated

88%

High-School Grad

6.8 sq mi

ZIP Area

1,695

Density / Sq Mi

$111,131

Median Household Income

$59,291

Median Earnings

$1,968

Median Rent

$814,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

Two-Family Duplex with Finished Attic

West Harrison, NY 10604

$1,100,000

2,816 SF

View details

Two-Unit Duplex with Backyard

295 Columbus Avenue, West Harrison, NY 10604

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Triplex - A three-unit residence combines varied floor plans with on-site parking via a garage and two driveways.

Where is this triplex located?

The property is located at 200 Lakeview Avenue West Harrison, NY.

What is the asking price?

The asking price for this property is $1,125,000.

What are key features of this property?

This property features: Three separate living areas, each with a kitchen, living room, and full bathroom; Three‑car garage and two driveways; Upper‑level unit includes two bedrooms and in‑unit laundry