Remodeled Four-Unit
95 Grant St Rye Brook, NY 10573
New
For Sale
$1,400,000
Four units are occupied on month-to-month leases, individually metered for electric, with off-street parking.
Days on Market3
Property Features for 95 Grant St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1910
Listing Agency:
C J Pagano & Sons, Inc
(914) 447-8768
Listed By:
Christopher Krzeminski · License #10301223659
(914) 447-8768
Source:
Elliman
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 8:34PM
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 C J Pagano & Sons, Inc
Investment Insights
Based on property information with market context.
Remodeled in 2024, this four-unit quadplex offers an income-oriented setup with all units currently occupied on month-to-month leases. Each unit is individually metered for electric, and the building is served by three heat zones, with the landlord covering heat for one unit. The property also features off-street parking and is identified by a 1910 build year.
Set on a quiet street on the Rye Brook/Port Chester border, the home is in the Port Chester School District. It’s within walking distance to Abendroth Park.
Additional transportation context is provided by the property’s BikeScore of 35 (somewhat bikeable), WalkScore of 44 (car-dependent), and TransitScore of 28 (some transit).
Set on a quiet street on the Rye Brook/Port Chester border, the home is in the Port Chester School District. It’s within walking distance to Abendroth Park.
Additional transportation context is provided by the property’s BikeScore of 35 (somewhat bikeable), WalkScore of 44 (car-dependent), and TransitScore of 28 (some transit).
Key Highlights
- Remodeled in 2024
- Four units occupied on month‑to‑month leases
- Electric individually metered for each unit
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 | $88.2k | $29.76 |
| − Vacancy | −$5.7k | −$1.93 |
| EGI | $82.4k | $27.83 |
| − OpEx | −$24.7k | −$8.35 |
| NOI | $57.7k | $19.48 |
2,963 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$824.5K
$721.4K – $961.9K
NOI $57,713 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$726.0K
$635.3K – $847.0K
NOI $50,821 @ 7.0% cap · market cap 3.63%
Theoretical Best
Retail
$895.0K
$783.1K – $1.04M
NOI $62,651 @ 7.0% cap · market cap 4.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four units are occupied on month-to-month leases, individually metered for electric, with off-street parking.
Where is this quadplex located?
The property is located at 95 Grant St Rye Brook, NY.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Remodeled in 2024; Four units occupied on month‑to‑month leases; Electric individually metered for each unit
