Triplex with Off-Street
76 Merritt St, Portchester, NY 10573
For Sale
New
$950,000
Pending
Three-family residential property with a rear yard and off-street parking.
Property Size2,562 SF
Days on Market2
Property Features for 76 Merritt St
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Christie's Int. Real Estate
Listed By:
Mary J. Byrne · License NY 40BY1070541
(914) 837-0531
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:47PM
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 Christie's Int. Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Port Chester triplex contains 2,562 square feet, arranged as 6 bedrooms and 3 full bathrooms. The property was built in 1915 and includes a backyard and off-street parking for tenants and the owner.
Local shopping, restaurants, parks, schools, and major transportation routes are accessible from the property. WalkScore is 87, TransitScore is 28, and BikeScore is 35.
Local shopping, restaurants, parks, schools, and major transportation routes are accessible from the property. WalkScore is 87, TransitScore is 28, and BikeScore is 35.
Key Highlights
- Three‑family property with 2,562 square feet of living area
- 6 bedrooms and 3 full bathrooms
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,902
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$998,040
$998.0K
Cap Rate 7%
$712,886
$712.9K
Cap Rate 9%
$554,467
$554.5K
Market Conditions
NOI Build-Up for 2,562 SF
Gross rent
$76.2K $29.76/SF
− Vacancy
−$5.0K −$1.93/SF
EGI
$71.3K $27.83/SF
− OpEx
−$21.4K −$8.35/SF
NOI
$49.9K $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%
$998,040
Cap Rate 7%
$712,886
Cap Rate 9%
$554,467
Alternative Uses
Best Use
Multifamily LT 5
$712.9K
$623.8K – $831.7K
NOI $49,902 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$627.8K
$549.3K – $732.4K
NOI $43,943 @ 7.0% cap · market cap 4.63%
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.98M
NOI $118,576 @ 7.0% cap · market cap 12.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
Explore this area
Business Placement
Demographics for 10573, NY
41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Triplexes in Westchester County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-family residential property with a rear yard and off-street parking.
Where is this triplex located?
The property is located at 76 Merritt St Portchester, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑family property with 2,562 square feet of living area; 6 bedrooms and 3 full bathrooms; Built in 1915
