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Multifamily Property with Rental Cottages
For Sale
$1,850,000

757-771 Route 9w, Valley Cottage, NY 10989

Income-producing multifamily property with a main residence, rental cottages, and studio apartments under MF1 zoning.

Property Size11,000 SF
Lot Size1.30 Acres
Days on Market375

Property Features for 757-771 Route 9w

General Information

Standard status Active
Size 11,000 SF
Lot size 1.30 Acres
Property subtype Commercial
Zoning MF1

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $35,000

Building Details

Building Size 11,000 SF
Year Built 1950
Units 11
Listing Agency: Coldwell Banker Realty
Listed By: Steven Shell
Source: Callexitfirst
Added: Aug 22, 2025 Changed: Aug 28 Last Checked: Aug 28 at 11:29AM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This multifamily property spans approximately 1.3 acres and includes a four-bedroom main residence with 2 1/2 bathrooms. The home offers a large kitchen, living room, family room, and patio. The property also contains five rental cottages and three studio-style apartment rentals, providing a mix of residential accommodations within one site. Built in 1950, the property is currently zoned MF1.

The site measures approximately 56,628 SF, with 155' of frontage and a 417' length. It is adjacent to the Rockland Lake Golf and Pool facility and is associated with Clarkstown Schools. Access is available from Route 9W, with the property identified at 757-771 Route 9W in Valley Cottage, New York.

Key Highlights

  • Approximately 1.3 acres with 56,628 SF of site area
  • Five rental cottages plus three studio type apartment rentals
  • Four‑bedroom main residence with 2 1/2 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage Center Dental Office

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 10989, NY

8,993
Population
3,379
Households
2.7
Avg Household Size
47
Median Age
58%
College-Educated
97%
High-School Grad
4.8 sq mi
ZIP Area
1,874
Density / Sq Mi
$131,501
Median Household Income
$70,615
Median Earnings
$2,017
Median Rent
$512,700
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?
Multifamily property - Income-producing multifamily property with a main residence, rental cottages, and studio apartments under MF1 zoning.
Where is this multifamily property located?
The property is located at 757-771 Route 9w Valley Cottage, NY.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Approximately 1.3 acres with 56,628 SF of site area; Five rental cottages plus three studio type apartment rentals; Four‑bedroom main residence with 2 1/2 bathrooms
More about this property
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