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Duplex with Finished Basement
For Sale
$999,999

286 Eastchester Road, New Rochelle, NY 10801

Two residential levels offer distinct living areas, while the finished lower level expands the property's usable interior space.

Property Size2,210 SF
Days on Market58

Property Features for 286 Eastchester Road

General Information

Standard status Active
Size 2,210 SF
Total Parking Spaces 2
Property subtype Duplex

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $21,254

Amenities

fireplace
patio
finished basement

Building Details

Building Size 2,210 SF
Year Built 1949
Buildings 1
Listing Agency: Century 21 Marciano
Listed By: Anthony F. Marciano
Source: Cottiemaxwellrealestate
Added: Aug 26 Changed: Oct 15 Last Checked: Oct 21 at 5:24AM

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 Century 21 Marciano

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Investment Insights

Based on property information with market context.

Built in 1949, this duplex provides two residential layouts within one home. The first-floor unit includes a living room with fireplace, dining room, eat-in kitchen, two bedrooms, and a full bathroom, with access to the rear patio and yard. The upper unit features its own living room, kitchen, dining area, two bedrooms, and full bathroom, plus pull-down access to substantial storage space.

A full finished basement adds room for recreation, hobbies, office use, or other household needs. The property also includes a two-car garage, side-street parking, and an oversized rear yard with patio space. Located at 286 Eastchester Road in New Rochelle, NY 10801.

Key Highlights

  • Two‑family duplex with two‑bedroom layouts on each residential level
  • First‑floor living room includes a fireplace and access to the rear patio and yard
  • Upper‑level apartment includes dedicated storage access through pull‑down steps

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,046
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$860,920 $860.9K
Cap Rate 7%
$614,943 $614.9K
Cap Rate 9%
$478,289 $478.3K
Market Conditions
NOI Build-Up for 2,210 SF
Gross rent
$65.8K $29.76/SF
− Vacancy
−$4.3K −$1.93/SF
EGI
$61.5K $27.83/SF
− OpEx
−$18.4K −$8.35/SF
NOI
$43.0K $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%
$860,920
Cap Rate 7%
$614,943
Cap Rate 9%
$478,289

Alternative Uses

Best Use
Multifamily LT 5
$614.9K
$538.1K – $717.4K (±1% cap)
NOI $43,046 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$541.5K
$473.8K – $631.8K (±1% cap)
NOI $37,905 @ 7.0% cap · market cap 3.79%
Theoretical Best
Retail
$667.6K
$584.1K – $778.8K (±1% cap)
NOI $46,729 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential levels offer distinct living areas, while the finished lower level expands the property's usable interior space.
Where is this duplex located?
The property is located at 286 Eastchester Road New Rochelle, NY.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Two‑family duplex with two‑bedroom layouts on each residential level; First‑floor living room includes a fireplace and access to the rear patio and yard; Upper‑level apartment includes dedicated storage access through pull‑down steps
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