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Triplex with Separate Residence
For Sale
$999,000

6 Snowden Avenue #4, Ossining, NY 10562

A detached residence and two apartments provide three distinct living spaces, with tenants responsible for heat and gas.

Property Size3,284 SF
Price / SF$304.20
Days on Market28

Property Features for 6 Snowden Avenue #4

General Information

Standard status Active
Size 3,284 SF
Property subtype Residential Income

Additional Details

Gross Income $89,206
Multifamily Units 3
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $12,260

Amenities

First Floor Bedroom
First Floor Full Bath

Building Details

Building Size 3,284 SF
Year Built 1927
Year Renovated 2018
Buildings 2
Units 3
Listing Agency: Realmart Realty LLC
Listed By: Shuai Zheng
Source: Halknopfrealty
Added: Oct 1 Changed: Oct 27 Last Checked: Oct 26 at 4:02AM

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 Realmart Realty LLC

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Investment Insights

Based on property information with market context.

This 3,284-square-foot triplex in Ossining includes a standalone building configured as a small single-family residence and two apartments in a second building. The first-floor apartment has one bedroom; the second-floor apartment has three bedrooms and an additional room. The property was renovated in 2018 and was built in 1927.

Tenants pay for their own heat and gas, while the owner pays for water. The separate residence and two apartments form the property's three-unit configuration.

Key Highlights

  • 3,284 square feet across a three‑unit property
  • Separate standalone building can function as a small single‑family residence
  • First‑floor apartment has 1 bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$63,965
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,279,300 $1.3M
Cap Rate 7%
$913,786 $913.8K
Cap Rate 9%
$710,722 $710.7K
Market Conditions
NOI Build-Up for 3,284 SF
Gross rent
$97.7K $29.76/SF
− Vacancy
−$6.4K −$1.93/SF
EGI
$91.4K $27.83/SF
− OpEx
−$27.4K −$8.35/SF
NOI
$64.0K $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%
$1,279,300
Cap Rate 7%
$913,786
Cap Rate 9%
$710,722

Alternative Uses

Best Use
Multifamily LT 5
$913.8K
$799.6K – $1.07M (±1% cap)
NOI $63,965 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$804.7K
$704.1K – $938.8K (±1% cap)
NOI $56,326 @ 7.0% cap · market cap 5.64%
Theoretical Best
Retail
$992.0K
$868.0K – $1.16M (±1% cap)
NOI $69,438 @ 7.0% cap · market cap 6.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,019
Businesses Nearby

Demographics for 10562, NY

34,252
Population
12,745
Households
2.7
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
2,537
Density / Sq Mi
$113,069
Median Household Income
$53,499
Median Earnings
$2,118
Median Rent
$486,700
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?
Triplex - A detached residence and two apartments provide three distinct living spaces, with tenants responsible for heat and gas.
Where is this triplex located?
The property is located at 6 Snowden Avenue #4 Ossining, 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: 3,284 square feet across a three‑unit property; Separate standalone building can function as a small single‑family residence; First‑floor apartment has 1 bedroom
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