58 Yale AveOssining, NY 10562

For Sale
$599,000

Prime Ossining 2-unit apartment building. High cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • $599,000 asking price for this multifamily investment property.
  • Two-unit apartment building in Ossining, NY.
  • Class B property built in 1925 with 1,408 square feet.
  • 6.50% cap rate.
  • 7,427 square foot lot, priced at $425 per square foot.
  • Two parking spaces included.

Property Details for 58 Yale Ave

Property type
Multifamily properties, Apartment buildings
Square Feet
1,408 SF
Class
B
Year Built
1925
Units
2

Location Insight

City
Ossining
County
Westchester
State
New York
Latitude
41.1666546
Longitude
-73.8594363
58 Yale Ave, Ossining, New York

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
58 Yale Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message