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    OFF-MARKET
    Commercial real estate

    123 Valley Rd, Katonah, NY 10536

    9,240 SF Built 1970
    Property ID
    US63-6068013
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1970
    Total area 9,240 SF
    UPID US63-6068013
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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