Renovated Two-Unit
75 Waller Avenue White Plains, NY 10605
75 Waller Avenue, White Plains, NY, 10605
$999,000
Pending
For Sale
$999,000
Pending
Fully renovated 2-family townhouse offering two 3-bedroom duplex apartments with private entrances and direct backyard access.
Property Size2,805 SF
Days on Market40
Property Features for 75 Waller Avenue
General Information
- Standard status
- Pending
- Size
- 2,805 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1924
Listing agency
Compass Greater NY, LLC
(914) 582-5662
Listed by
Chelsea Georgio · License #49ST1168831
(914) 582-5662
Source
Compass
Added: Jun 12 Updated: Jul 21 at 2:33PM Checked: Jul 21 at 2:33PM
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 fully renovated, move-in ready two-family townhouse features two separate 3-bedroom duplex apartments. Each unit includes a private entrance, a full bath, a dining room, and a living room with an alcove suited for a home office or reading nook. Kitchens are brand new and include stainless steel appliances, and both units provide direct access to the backyard. The right-side unit also includes a legal walk-up attic with a powder room for additional flexible living space.
Outside, the property includes a detached 2-car garage, a large private driveway, and a generously sized backyard.
Tenants pay their own heat, hot water, gas, and electric. The home is described as conveniently close to the White Plains Metro-North station, multiple bus stops, highways, Westchester Mall, and nearby restaurants.
Outside, the property includes a detached 2-car garage, a large private driveway, and a generously sized backyard.
Tenants pay their own heat, hot water, gas, and electric. The home is described as conveniently close to the White Plains Metro-North station, multiple bus stops, highways, Westchester Mall, and nearby restaurants.
Key Highlights
- Fully renovated townhouse‑style 2‑family home with two 3‑bedroom duplex apartments
- Each unit has a private entrance plus a full bath, dining room, and living room with an alcove
- Brand new kitchens include stainless steel appliances, quartz/quartzite counters, and recessed lighting
Local 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 | $83.5k | $29.76 |
| − Vacancy | −$5.4k | −$1.93 |
| EGI | $78.1k | $27.83 |
| − OpEx | −$23.4k | −$8.35 |
| NOI | $54.6k | $19.48 |
2,805 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$780.5K
$683.0K – $910.6K
NOI $54,636 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$687.3K
$601.4K – $801.9K
NOI $48,111 @ 7.0% cap · market cap 4.82%
Theoretical Best
Retail
$847.3K
$741.4K – $988.5K
NOI $59,310 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully renovated 2-family townhouse offering two 3-bedroom duplex apartments with private entrances and direct backyard access.
Where is this duplex located?
The property is located at 75 Waller Avenue White Plains, 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: Fully renovated townhouse‑style 2‑family home with two 3‑bedroom duplex apartments; Each unit has a private entrance plus a full bath, dining room, and living room with an alcove; Brand new kitchens include stainless steel appliances, quartz/quartzite counters, and recessed lighting
