Two-Unit Income
246 Westside Avenue Haverstraw, NY 10927
246 Westside Avenue, Haverstraw, NY, 10927
$675,000
For Sale
$675,000
Two-unit multifamily property featuring separate utilities and a detached 3-car garage for tenant parking.
Property Size1,816 SF
Price / SF$371.70
Days on Market14
Property Features for 246 Westside Avenue
General Information
- Standard status
- Active
- Size
- 1,816 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1920
Listing agency
MS Realty Group USA, Inc
(845) 367-7470
Listed by
Asher Berkovic
(845) 367-7470
Source
Compass
Added: Jul 8 Updated: Jul 21 at 11:13AM Checked: Jul 21 at 11:13AM
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 MS Realty Group USA, Inc
Investment Insights
Based on property information with market context.
This two-unit income duplex includes Apartment 1 with four bedrooms, a living room, a dining room, and a large eat-in kitchen. Apartment 2 offers one bedroom and separate utilities.
The property also features a detached three-car garage, providing on-site parking support for occupants.
As a duplex-style residential income property, it is configured for two separate apartment units with utility separation for Apartment 2.
The property also features a detached three-car garage, providing on-site parking support for occupants.
As a duplex-style residential income property, it is configured for two separate apartment units with utility separation for Apartment 2.
Key Highlights
- Two‑unit multifamily property with separate utilities between Apartment 1 and Apartment 2
- Apartment 1 features 4 bedrooms plus living room, dining room, and a large eat‑in kitchen
- Apartment 2 includes 1 bedroom
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 | $49.0k | $27.00 |
| − Vacancy | −$3.2k | −$1.76 |
| EGI | $45.8k | $25.25 |
| − OpEx | −$13.8k | −$7.57 |
| NOI | $32.1k | $17.67 |
1,816 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$458.4K
$401.1K – $534.9K
NOI $32,091 @ 7.0% cap · market cap 4.75%
Second Best
Apartment 5plus
$425.2K
$372.0K – $496.0K
NOI $29,761 @ 7.0% cap · market cap 4.41%
Theoretical Best
Specialty Retail
$1.20M
$1.05M – $1.40M
NOI $84,049 @ 7.0% cap · market cap 12.45%
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 - Two-unit multifamily property featuring separate utilities and a detached 3-car garage for tenant parking.
Where is this duplex located?
The property is located at 246 Westside Avenue Haverstraw, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit multifamily property with separate utilities between Apartment 1 and Apartment 2; Apartment 1 features 4 bedrooms plus living room, dining room, and a large eat‑in kitchen; Apartment 2 includes 1 bedroom
