123 Valley Rd Katonah, NY 10536
- Commercial real estate
- 9,240 SF
Current Use by Public Records
- Commercial real estate
Property Details for 123 Valley Rd
- Year built
- 1970
- Property size
- 9,240 SF
- Property type
- Commercial real estate
Description
This exceptional multifamily investment opportunity presents a well-maintained 12-unit apartment building located at 123 Valley Rd, Katonah, NY 10536. The property boasts a total of 9,240 square feet across four, two-story buildings situated on a generous 55,000 square foot lot. Built in 1970, this Class C property currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $170,290. The asking price is $3,150,000. The property's prime location offers convenient access to the Metro North Train Station and the vibrant downtown Katonah area, making it highly attractive to tenants. Onsite parking is available for residents. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a desirable Westchester County location. The property's strong occupancy rate and consistent cash flow make it an ideal investment for both seasoned and emerging real estate investors seeking a proven income stream. The substantial lot size presents potential for future development or expansion, adding further value to this already attractive investment. Detailed financial statements are available upon request. This is a turnkey investment ready for immediate income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Katonah
- County
- Westchester
- State
- New York
- Longitude
- -73.6912004
- Latitude
- 41.2537419
