Colonial Quadplex with Outdoor
50 Westside Ave Haverstraw, NY 10927
50 Westside Ave, Haverstraw, NY, 10927
$999,000
For Sale
$999,000
Four-family colonial offers multiple 2-bedroom units, a multi-level duplex, basement storage, and ample driveway parking.
Property Size5,596 SF
Price / SF$178.52
Days on Market87
Property Features for 50 Westside Ave
General Information
- Standard status
- Active
- Size
- 5,596 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1940
Listing agency
(347) 675-5497
Listed by
Avraham Z. Weinberger
(347) 675-5497
Source
Elliman
Added: Apr 27 Updated: Jul 21 at 7:55PM Checked: Jul 21 at 7:55PM
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 Avraham Z. Weinberger
Investment Insights
Based on property information with market context.
This colonial quadplex is configured as a four-family multi-family property with a mix of 2-bedroom units and a larger multi-level duplex-style layout. The first floor includes two spacious 2-bedroom units, each with a full bathroom and a living room featuring bay windows. The second level adds a third 2-bedroom unit, plus the expansive fourth unit that spans over two full floors and includes multiple bedrooms and a large full bathroom. The fourth unit’s first floor features an eat-in kitchen with dining area and access to a spacious deck overlooking the backyard. The home also includes an unfinished basement that provides additional storage, along with hardwood flooring.
The property sits on a large lot and includes a front yard, backyard, patio, and deck. A large driveway provides ample parking. Per the current information, three of the four units are presently occupied.
The property sits on a large lot and includes a front yard, backyard, patio, and deck. A large driveway provides ample parking. Per the current information, three of the four units are presently occupied.
Key Highlights
- 5,596 SF four‑family Colonial built in 1940
- Unit mix includes three 2‑bedroom units plus a multi‑level 4–5 bedroom duplex
- Basement adds extra storage space
Local Financial Insights For Apartment 5plus
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 | $178.0k | $31.80 |
| − Vacancy | −$11.2k | −$2.00 |
| EGI | $166.7k | $29.80 |
| − OpEx | −$75.0k | −$13.41 |
| NOI | $91.7k | $16.39 |
5,596 SF · lease $31.80/SF/yr · vacancy 6.30% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.41M
$1.24M – $1.65M
NOI $98,890 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$1.31M
$1.15M – $1.53M
NOI $91,708 @ 7.0% cap · market cap 9.18%
Theoretical Best
Specialty Retail
$3.70M
$3.24M – $4.32M
NOI $258,997 @ 7.0% cap · market cap 25.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Four-family colonial offers multiple 2-bedroom units, a multi-level duplex, basement storage, and ample driveway parking.
Where is this quadplex located?
The property is located at 50 Westside Ave Haverstraw, NY.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 5,596 SF four‑family Colonial built in 1940; Unit mix includes three 2‑bedroom units plus a multi‑level 4–5 bedroom duplex; Basement adds extra storage space
