Two Duplex Residential Income
762 Old Route 22 Amenia, NY 12501
For Sale
Contact for pricing
Two duplex buildings with four 2-bedroom units, each with private entrances and ample parking, currently occupied.
Property Size3,478 SF
Price / SF$258.48
Days on Market86
Property Features for 762 Old Route 22
General Information
- Standard status
- Active
- Size
- 3,478 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing Agency:
Houlihan Lawrence
(845) 279-6800
Listed By:
Thomas LaPerch · License #NY 30la0516512
Source:
Crexi
Added: Apr 30
Changed: Jul 23
Last Checked: Jul 23 at 2:46AM
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 Houlihan Lawrence
Investment Insights
Based on property information with market context.
This for-sale residential income property features two separate duplex buildings, each offering two 2-bedroom units. All units have private entrances and ample parking, supporting tenant privacy and straightforward day-to-day access. The units are currently occupied, providing immediate rental income for an investor.
The property also includes an adjacent lot, which may allow for future expansion or added flexibility.
Conveniently positioned just minutes from the Village of Amenia, Millerton, and Millbrook, the location supports easy access to local shopping, dining, and everyday amenities. Commuters can reach the Wassaic Metro-North Train Station nearby, and outdoor recreation is available through the nearby Harlem Valley Rail Trail for walking, running, and biking.
The property also includes an adjacent lot, which may allow for future expansion or added flexibility.
Conveniently positioned just minutes from the Village of Amenia, Millerton, and Millbrook, the location supports easy access to local shopping, dining, and everyday amenities. Commuters can reach the Wassaic Metro-North Train Station nearby, and outdoor recreation is available through the nearby Harlem Valley Rail Trail for walking, running, and biking.
Key Highlights
- Two separate duplex buildings with four 2‑bedroom units total
- Each unit has a private entrance and ample parking
- Units are currently occupied, providing immediate rental income
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 | $97.2k | $27.96 |
| − Vacancy | −$5.1k | −$1.45 |
| EGI | $92.2k | $26.51 |
| − OpEx | −$27.7k | −$7.95 |
| NOI | $64.5k | $18.55 |
3,478 SF · lease $27.96/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$921.9K
$806.7K – $1.08M
NOI $64,532 @ 7.0% cap · market cap 7.18%
Second Best
Apartment 5plus
$853.6K
$746.9K – $995.9K
NOI $59,751 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$1.05M
$916.1K – $1.22M
NOI $73,286 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Two duplex buildings with four 2-bedroom units, each with private entrances and ample parking, currently occupied.
Where is this quadplex located?
The property is located at 762 Old Route 22 Amenia, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two separate duplex buildings with four 2‑bedroom units total; Each unit has a private entrance and ample parking; Units are currently occupied, providing immediate rental income
