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Two-Family Duplex
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33 Grant Street, Portchester, NY 10573

The property is vacant and dates to 1935.

Property Size2,217 SF
Days on Market126

Property Features for 33 Grant Street

General Information

Standard status Active
Size 2,217 SF
Property subtype Duplex

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $17,383

Building Details

Building Size 2,217 SF
Year Built 1935
Listing Agency: Rye Port Real Estate, Inc.
Listed By: Kathleen Zaccagnino · License #31ZA0543350
Source: Totallywestchester
Added: Jun 7 Changed: Oct 6 Last Checked: Oct 7 at 5:57PM

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 Rye Port Real Estate, Inc.

Investment Insights

Based on property information with market context.

Built in 1935, this custom-built two-family residence is currently vacant. Its two-family configuration is the defining feature of the property.

Key Highlights

  • Two‑family residence
  • Built in 1935
  • Currently vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,183
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,660 $863.7K
Cap Rate 7%
$616,900 $616.9K
Cap Rate 9%
$479,811 $479.8K
Market Conditions
NOI Build-Up for 2,217 SF
Gross rent
$66.0K $29.76/SF
− Vacancy
−$4.3K −$1.93/SF
EGI
$61.7K $27.83/SF
− OpEx
−$18.5K −$8.35/SF
NOI
$43.2K $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%
$863,660
Cap Rate 7%
$616,900
Cap Rate 9%
$479,811

Alternative Uses

Best Use
Multifamily LT 5
$616.9K
$539.8K – $719.7K (±1% cap)
NOI $43,183 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$543.2K
$475.3K – $633.8K (±1% cap)
NOI $38,025 @ 7.0% cap · market cap 3.81%
Theoretical Best
Retail
$669.7K
$586.0K – $781.3K (±1% cap)
NOI $46,877 @ 7.0% cap · market cap 4.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Bed & Breakfast Pet Store Tanning Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,621
Businesses Nearby

Demographics for 10573, NY

41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The property is vacant and dates to 1935.
Where is this duplex located?
The property is located at 33 Grant Street Portchester, NY.
What is the asking price?
The asking price for this property is $998,500.
What are key features of this property?
This property features: Two‑family residence; Built in 1935; Currently vacant
(914) 937-1995 Call to check price and availability
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