4-Unit Multifamily
For Sale
$1,099,000
27 Havell Street, Ossining, NY 10562
Two separate structures contain four legal residential units with varied layouts.
Property Size2,946 SF
Price / SF$373.05
Days on Market28
Property Features for 27 Havell Street
General Information
Standard status
Active
Size
2,946 SF
Total Parking Spaces
1
Property subtype
Residential Income
Additional Details
Gross Income
$104,400
Multifamily Units
4
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$22,714
Amenities
First Floor Bedroom
First Floor Full Bath
Building Details
Building Size
2,946 SF
Year Built
1914
Buildings
2
Units
4
Listing Agency:
Realmart Realty LLC
Listed By:
Shuai Zheng
(888) 362-6543
Source:
Halknopfrealty
Added: Oct 1
Changed: Oct 26
Last Checked: Oct 26 at 4:01AM
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 Realmart Realty LLC
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Investment Insights
Based on property information with market context.
The property includes two buildings totaling 2,946 square feet. One structure is a 2-bedroom residence with the option to configure it as a 3-bedroom home. The other contains a studio and two 2-bedroom apartments. Built in 1914, the property is a legal four-family residence.
Tenants pay their own utilities. The property is located at 27 Havell Street in Ossining, New York.
Tenants pay their own utilities. The property is located at 27 Havell Street in Ossining, New York.
Key Highlights
- Legal four‑family property in two separate buildings
- 2,946 square feet across both buildings
- Unit mix includes a studio, two 2‑bedroom apartments, and a 2‑bedroom residence configurable as a 3‑bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,529
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,010,580
$1.0M
Cap Rate 7%
$721,843
$721.8K
Cap Rate 9%
$561,433
$561.4K
Market Conditions
NOI Build-Up for 2,946 SF
Gross rent
$97.2K $33.00/SF
− Vacancy
−$5.3K −$1.82/SF
EGI
$91.9K $31.19/SF
− OpEx
−$41.3K −$14.03/SF
NOI
$50.5K $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%
$1,010,580
Cap Rate 7%
$721,843
Cap Rate 9%
$561,433
Alternative Uses
Best Use
Apartment 5plus
$721.8K
$631.6K – $842.2K
NOI $50,529 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$889.9K
$778.7K – $1.04M
NOI $62,292 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,114
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate structures contain four legal residential units with varied layouts.
Where is this multifamily property located?
The property is located at 27 Havell Street Ossining, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Legal four‑family property in two separate buildings; 2,946 square feet across both buildings; Unit mix includes a studio, two 2‑bedroom apartments, and a 2‑bedroom residence configurable as a 3‑bedroom
