58 Yale AveOssining, NY 10562

Property Details for 58 Yale Ave

Year built

1925

Property size (Sq ft)

1,408 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional two-unit apartment building presents a compelling investment opportunity in the desirable Ossining, NY market. Located at 58 Yale Ave, this Class B property boasts 1,408 square feet and sits on a generous 7,427 square foot lot. Built in 1925, the building offers two units, providing immediate rental income potential. The property features two parking spaces, a significant advantage in this location. The asking price is $599,000, representing a strong 6.50% capitalization rate. The land value alone is substantial, calculated at $425 per square foot. Its prime location in Ossining offers easy access to shops, restaurants, and public transportation, ensuring high occupancy rates and strong rental demand. The property's address is 420308901500000000006000103 (APN). This is a rare opportunity to acquire a well-situated multifamily property with excellent potential for long-term appreciation and consistent cash flow. Don't miss this chance to add a valuable asset to your investment portfolio. The property has no common walls with adjacent units.

Location Insight

City

Ossining

County

Westchester

State

New York

Latitude

41.1667

Longitude

-73.8594

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