Renovated Two-Family
New
For Sale
Contact for pricing
26 Pratt Street, New Rochelle, NY 10801
Separate utility meters serve both apartments, the common hallway, and the basement.
Property Size1,500 SF
Days on Market6
Property Features for 26 Pratt Street
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR, 1 x 2BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,783
Amenities
hardwood floors
new kitchens
updated baths
in-unit washers and dryers
patio with gas hookup
heated detached garage
loft storage
finished basement with full bath
Building Details
Building Size
1,500 SF
Year Built
1910
Buildings
1
Listing Agency:
Richard Greco Real Estate
Listed By:
Michael Greco
(718) 518-8588
Source:
Totallywestchester
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:09PM
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 Richard Greco Real Estate
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Investment Insights
Based on property information with market context.
This 1910 duplex contains two apartments: a 1-bedroom unit and a 2-bedroom unit. Both feature hardwood floors, updated kitchens and bathrooms, and private in-unit washers and dryers. Utility meters are separate for each apartment as well as the common hallway and basement. The property also includes a patio with a gas grill connection, a heated detached two-car garage with loft storage, and a finished basement with a full bath.
Local bus service, Metro-North, and Amtrak are nearby, along with places of worship.
Local bus service, Metro-North, and Amtrak are nearby, along with places of worship.
Key Highlights
- Two apartments: one 1‑bedroom unit and one 2‑bedroom unit
- Heated detached two‑car garage with loft storage
- Finished basement includes a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,217
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,340
$584.3K
Cap Rate 7%
$417,386
$417.4K
Cap Rate 9%
$324,633
$324.6K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$44.6K $29.76/SF
− Vacancy
−$2.9K −$1.93/SF
EGI
$41.7K $27.83/SF
− OpEx
−$12.5K −$8.35/SF
NOI
$29.2K $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%
$584,340
Cap Rate 7%
$417,386
Cap Rate 9%
$324,633
Alternative Uses
Best Use
Multifamily LT 5
$417.4K
$365.2K – $487.0K
NOI $29,217 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$367.5K
$321.6K – $428.8K
NOI $25,728 @ 7.0% cap · market cap 2.68%
Theoretical Best
Retail
$453.1K
$396.5K – $528.6K
NOI $31,717 @ 7.0% cap · market cap 3.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,135
Businesses Nearby
Explore this area
Business Placement
Demographics for 10801, NY
42,949
Population
16,912
Households
2.5
Avg Household Size
37
Median Age
43%
College-Educated
85%
High-School Grad
3.4 sq mi
ZIP Area
12,632
Density / Sq Mi
$83,534
Median Household Income
$50,274
Median Earnings
$1,742
Median Rent
$555,000
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?
Duplex - Separate utility meters serve both apartments, the common hallway, and the basement.
Where is this duplex located?
The property is located at 26 Pratt Street New Rochelle, NY.
What is the asking price?
The asking price for this property is $959,000.
What are key features of this property?
This property features: Two apartments: one 1‑bedroom unit and one 2‑bedroom unit; Heated detached two‑car garage with loft storage; Finished basement includes a full bath
