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7-Unit Apartment Building
For Sale
Contact for pricing
Pending

53 S Washington St, Tarrytown, NY 10591

Upgraded multifamily property with renovated apartments, mini-split systems, and convenient access to rail service and Music Hall.

Property SizeContact for details
Days on Market142

Property Features for 53 S Washington St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 3 x 2BR, 4 x 1BR
Multifamily Units 7

Additional Details

Cap Rate 6%
Public Transit Yes
Listing Agency: Compass Greater NY, LLC
Listed By: Wright Polak · License #NY
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:11PM

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 Compass Greater NY, LLC

Investment Insights

Based on property information with market context.

This seven-unit multifamily building includes three two-bedroom apartments and four one-bedroom apartments. Three units are destabilized, while four are subject to NYS/ETPA guidelines. Six apartments have been renovated in the past 7 years, and the property has received extensive capital improvements, including upgraded electrical service, a new roof, and a high-efficiency boiler serving hot water and common areas. Each unit has a mini-split heat pump for heating and cooling, and residents pay their own utilities other than hot water.

The property is located south of Main St. in Tarrytown, two blocks from Music Hall and near train service. The building combines a defined apartment mix with recent system and unit upgrades in an established village setting.

Key Highlights

  • Seven‑unit building with 3 two‑bedroom and 4 one‑bedroom apartments
  • Six units renovated in past 7 years
  • Mini‑split heat pumps provide heating and cooling in all units

Property Analytics

Current Use

Gorditas Doña Tota Restaurant

Suggested Use

Top Pick Plumbing Service Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store Florist Garden Center

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby

Demographics for 10591, NY

23,301
Population
10,566
Households
2.2
Avg Household Size
41
Median Age
54%
College-Educated
87%
High-School Grad
9.4 sq mi
ZIP Area
2,479
Density / Sq Mi
$103,480
Median Household Income
$61,537
Median Earnings
$1,943
Median Rent
$661,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Upgraded multifamily property with renovated apartments, mini-split systems, and convenient access to rail service and Music Hall.
Where is this apartment building located?
The property is located at 53 S Washington St Tarrytown, NY.
What are key features of this property?
This property features: Seven‑unit building with 3 two‑bedroom and 4 one‑bedroom apartments; Six units renovated in past 7 years; Mini‑split heat pumps provide heating and cooling in all units
More about this property
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