Two-Unit Residence with
New
For Sale
$839,000
384 Irving Avenue, Portchester, NY 10573
Separate apartments include kitchens, bedrooms, bathrooms, laundry facilities, storage, and access to a fenced backyard.
Property Size2,230 SF
Days on Market2
Property Features for 384 Irving Avenue
General Information
Standard status
Active
Size
2,230 SF
Total Parking Spaces
2
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$15,541
Amenities
fenced backyard
fruit trees
full basement
walk-up attic
laundry facilities
Building Details
Building Size
2,230 SF
Year Built
1900
Buildings
1
Listing Agency:
Coldwell Banker Realty
(914) 393-8361
Listed By:
Patricia Maiolo-Hinkley · License #10401335674
Source:
Cottiemaxwellrealestate
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 4:03AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This duplex at 384 Irving Avenue in Port Chester, NY, was built in 1900 and contains two separate apartments. The first-floor unit includes an eat-in kitchen with backyard access, a living room, two bedrooms, a den, and a full bathroom. The upper apartment provides an eat-in kitchen, living room, two bedrooms, and a full bath.
A full basement adds storage, laundry facilities, and flexible interior space, while the second-floor unit has access to a full walk-up attic. Exterior features include a detached two-car garage and a private fenced backyard. Mature persimmon, fig, and pawpaw trees add established landscaping to the property.
A full basement adds storage, laundry facilities, and flexible interior space, while the second-floor unit has access to a full walk-up attic. Exterior features include a detached two-car garage and a private fenced backyard. Mature persimmon, fig, and pawpaw trees add established landscaping to the property.
Key Highlights
- Two‑family property with two separate apartments
- First‑floor unit includes two bedrooms, a den, eat‑in kitchen, and backyard access
- Second‑floor apartment offers two bedrooms and an eat‑in kitchen
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.4k | $29.76 |
| − Vacancy | −$4.3k | −$1.93 |
| EGI | $62.1k | $27.83 |
| − OpEx | −$18.6k | −$8.35 |
| NOI | $43.4k | $19.48 |
2,230 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$620.5K
$543.0K – $723.9K
NOI $43,436 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$546.4K
$478.1K – $637.5K
NOI $38,248 @ 7.0% cap · market cap 4.56%
Theoretical Best
Retail
$673.6K
$589.4K – $785.9K
NOI $47,152 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,990
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments include kitchens, bedrooms, bathrooms, laundry facilities, storage, and access to a fenced backyard.
Where is this duplex located?
The property is located at 384 Irving Avenue Portchester, NY.
What is the asking price?
The asking price for this property is $839,000.
What are key features of this property?
This property features: Two‑family property with two separate apartments; First‑floor unit includes two bedrooms, a den, eat‑in kitchen, and backyard access; Second‑floor apartment offers two bedrooms and an eat‑in kitchen
