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Yorktown Heights Townhouses and Garage
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702 Saw Mill River Rd, Yorktown Heights, NY 10598

Three new townhouses and a six-bay garage fully leased.

Property SizeContact for details
Lot Size0.98 Acres
Days on Market948

Property Features for 702 Saw Mill River Rd

General Information

Standard status Active
Lot size 0.98 Acres
Property subtype Multifamily
Zoning CC
Net Operating Income $157,200

Building Details

Year Built 2024
Buildings 1
Stories 2
Units 3
Listing Agency: Academic Co-Realty Services
Listed By: Gregory Walwer · License #REB.0790169
Source: Crexi
Added: Jan 31, 2024 Changed: Sep 4 Last Checked: Sep 4 at 5:45AM

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 Academic Co-Realty Services

Investment Insights

Based on property information with market context.

Located at 702 Saw Mill River Road in Yorktown Heights, New York, Ricciardella Estates features three new townhouses and a fully leased 6-bay garage on just under one acre. The property yields a net operating income of $157,200. Situated in southern Yorktown in the heart of Westchester County, the location offers a tranquil environment across the New Croton Reservoir from the Kitchawan Preserve and abuts the scenic Yorktown Heights Rail Trail. The property complements an existing five-unit townhouse complex next door at 714 Saw Mill River Road, currently off-market. Downtown Yorktown Heights, the IBM Research Center, Mohansic Golf Course, and Locke Ledge Country Club are all within a five-minute drive.

Key Highlights

  • New construction: Three new townhouses built in 2024.
  • Income‑generating: Fully leased with an impressive NOI of $157,200.
  • Prime location: Close to Downtown Yorktown Heights, IBM Research Center, Mohansic Golf Course, and Locke Ledge Country Club.

Property Analytics

Current Use

Didupholstery Furniture & Home Goods Ludensol Detailing Car Wash

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Gym & Fitness Center Restaurant Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 10598, NY

29,040
Population
10,994
Households
2.6
Avg Household Size
45
Median Age
58%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,148
Density / Sq Mi
$163,040
Median Household Income
$75,367
Median Earnings
$2,286
Median Rent
$591,300
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three new townhouses and a six-bay garage fully leased.
Where is this triplex located?
The property is located at 702 Saw Mill River Rd Yorktown Heights, NY.
What is the asking price?
The asking price for this property is $2,343,000.
What are key features of this property?
This property features: New construction: Three new townhouses built in 2024.; Income‑generating: Fully leased with an impressive NOI of $157,200.; Prime location: Close to Downtown Yorktown Heights, IBM Research Center, Mohansic Golf Course, and Locke Ledge Country Club.
(203) 458-0550 Call to check price and availability
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