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Vacant Duplex with Development Potential
For Sale
$829,900

865 Commerce Street, Thornwood, NY 10594

Residential Income, Thornwood, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market673

Property Features for 865 Commerce Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 1, Basement, Bedroom 3, Bedroom 2, Bathroom 2
Parking 2
Parking features On Street
Patio and Porch features Deck
Interior features Eat-in Kitchen
Basement Unfinished
Subdivision Sherman Park
Elementary school Hawthorne Elementary School
Middle school Westlake Middle School
High school Westlake High School
Elementary school district Mount Pleasant
Middle school district Mount Pleasant
High school district Mount Pleasant
Standard status Active
APN 3489-106-015-00001-054-0000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 14920

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas
Water source Public

Building Details

Year built 1920
Number of units 2
Building materials Aluminum Siding, Vinyl Siding
Architectural style Colonial
Listing Agency: ERA Insite Realty Services · ERA Real Estate
Listed By: Michael D'Onofrio · License #30DO0491138
Added: Nov 14, 2024 Changed: Sep 18 Last Checked: Sep 18 at 9:06PM
MLS# H6331626

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant Colonial duplex, built in 1920, is offered in its current condition. The residence includes three bedrooms, two bathrooms, an eat-in kitchen, basement space, and a deck. Aluminum and vinyl siding, natural-gas hot-water heating, public water, and public sewer are in place. Parking is available on Commerce Street.

The 0.14-acre property is located in Thornwood, Westchester County. The existing two-family configuration may be retained, while the property information identifies the possibility of developing up to six units, subject to verification with the Town of Mount Pleasant. Any redevelopment plan should be confirmed with the municipality before proceeding.

Key Highlights

  • Vacant duplex offered in as‑is condition
  • 0.14‑acre lot with potential for up to six units, subject to Town of Mount Pleasant verification
  • Existing two‑family configuration with 3 bedrooms and 2 bathrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Furniture & Home Goods Tattoo & Piercing Shop

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

734
Businesses Nearby

Demographics for 10594, NY

5,028
Population
1,820
Households
2.8
Avg Household Size
43
Median Age
48%
College-Educated
93%
High-School Grad
2.6 sq mi
ZIP Area
1,934
Density / Sq Mi
$166,417
Median Household Income
$86,553
Median Earnings
$2,148
Median Rent
$683,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Duplex - Vacant Colonial duplex offered as-is with a basement, deck, public utilities, and possible expanded unit count subject to town approval.
Where is this duplex located?
The property is located at 865 Commerce Street Thornwood, NY.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Vacant duplex offered in as‑is condition; 0.14‑acre lot with potential for up to six units, subject to Town of Mount Pleasant verification; Existing two‑family configuration with 3 bedrooms and 2 bathrooms
More about this property
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