Harrison Multifamily Investment
For Sale
Contact for pricing
Pending
26 Purdy Street, Harrison, NY 10528
15-unit multifamily property in Harrison, NY with stable rental income.
Property Size13,410 SF
Days on Market554
Property Features for 26 Purdy Street
General Information
Standard status
Pending
Size
13,410 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$58,273
Building Details
Building Size
13,410 SF
Year Built
1969
Listing Agency:
Compass Greater NY, LLC
Listed By:
Laura Olivier-Leva
(914) 548-7061
Source:
Totallywestchester
Added: Apr 14, 2025
Changed: Oct 19
Last Checked: Oct 19 at 1:43PM
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 Compass Greater NY, LLC
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Investment Insights
Based on property information with market context.
This 15-unit multifamily investment property is located in Harrison, NY. The property contains 6 two-bedroom, two-bathroom apartments, 6 one-bedroom, one-bathroom apartments, and 3 studio apartments with one bathroom. All apartments feature a balcony. The property is ETPA regulated, ensuring a stable rental income. Residents have access to a common laundry area equipped with two coin-operated washer/dryer units. There are 12 indoor parking garage spaces, with additional street parking available. The property is located close to the Harrison train station and downtown Harrison, which offers a variety of dining and shopping options.
Key Highlights
- Prime 15‑unit multi‑family investment property in Harrison, NY.
- All apartments have a balcony.
- ETPA regulated, ensuring stable rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$230,005
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,600,100
$4.6M
Cap Rate 7%
$3,285,786
$3.3M
Cap Rate 9%
$2,555,611
$2.6M
Market Conditions
NOI Build-Up for 13,410 SF
Gross rent
$442.5K $33.00/SF
− Vacancy
−$24.3K −$1.82/SF
EGI
$418.2K $31.19/SF
− OpEx
−$188.2K −$14.03/SF
NOI
$230.0K $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%
$4,600,100
Cap Rate 7%
$3,285,786
Cap Rate 9%
$2,555,611
Alternative Uses
Best Use
Apartment 5plus
$3.29M
$2.88M – $3.83M
NOI $230,005 @ 7.0% cap · market cap 6.13%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$4.05M
$3.54M – $4.73M
NOI $283,547 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
872
Businesses Nearby
Explore this area
Business Placement
Demographics for 10528, NY
13,108
Population
5,101
Households
2.6
Avg Household Size
40
Median Age
58%
College-Educated
94%
High-School Grad
3.8 sq mi
ZIP Area
3,449
Density / Sq Mi
$151,193
Median Household Income
$73,327
Median Earnings
$2,683
Median Rent
$934,100
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 - 15-unit multifamily property in Harrison, NY with stable rental income.
Where is this apartment building located?
The property is located at 26 Purdy Street Harrison, NY.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Prime 15‑unit multi‑family investment property in Harrison, NY.; All apartments have a balcony.; ETPA regulated, ensuring stable rental income.
