Building Details

Building Size 1,598 SF

Year Built 1940

Construction Colonial

Listing Agency: William Raveis-New York LLC

Listed By: Sarah A. Ryan Show Phone

Source: Ginerrealty

Added: Oct 13 Changed: Oct 27 Last Checked: Oct 27 at 3:18AM

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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 William Raveis-New York LLC

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Investment Insights

Based on property information with market context.

This 1,598-square-foot duplex is a Colonial-style residence built in 1940, with covered porches, a fenced yard, and gardens. Its living areas offer a multi-unit residential configuration.

The property is in Katonah, near the village center, shops, restaurants, the Metro-North train station, parks, and recreation.

Key Highlights

• 1,598‑square‑foot Colonial duplex built in 1940
• Covered porches, fenced yard, and gardens
• Near Katonah village center, shops, and restaurants

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,126

Cap Rate

3.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$622,520 $622.5K

Cap Rate 7%

$444,657 $444.7K

Cap Rate 9%

$345,844 $345.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,598 SF

Gross rent

$47.6K $29.76/SF

− Vacancy

−$3.1K −$1.93/SF

EGI

$44.5K $27.83/SF

− OpEx

−$13.3K −$8.35/SF

NOI

$31.1K $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%

$622,520

Cap Rate 7%

$444,657

Cap Rate 9%

$345,844

Alternative Uses

Best Use

Multifamily LT 5

$444.7K

$389.1K – $518.8K (±1% cap)

NOI $31,126 @ 7.0% cap · market cap 3.89%

Second Best

Apartment 5plus

$391.5K

$342.6K – $456.8K (±1% cap)

NOI $27,408 @ 7.0% cap · market cap 3.43%

Theoretical Best

Retail

$482.7K

$422.4K – $563.2K (±1% cap)

NOI $33,789 @ 7.0% cap · market cap 4.22%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

553

Businesses Nearby

Explore this area Business Placement

Demographics for 10536, NY

10,792

Population

3,749

Households

2.9

Avg Household Size

46

Median Age

75%

College-Educated

98%

High-School Grad

26.6 sq mi

ZIP Area

406

Density / Sq Mi

$239,063

Median Household Income

$89,667

Median Earnings

$2,418

Median Rent

$854,000

Median Home Value

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 - Fenced grounds and gardens accompany adaptable living areas in this residential income property.

Where is this duplex located?

The property is located at 36 Anderson Road Katonah, NY.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: 1,598‑square‑foot Colonial duplex built in 1940; Covered porches, fenced yard, and gardens; Near Katonah village center, shops, and restaurants