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132 Cortlandt St
Tarrytown, NY 10591

$1,250,000 USD

Apartments For Sale  •  3,525 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,760 SF
  • Lot Size 0.03 AC
  • Building Class C
  • Year Built 1959
  • Zoning C2
50 Transit Score
80 Walk Score

Highlights

Fully renovated, turnkey three-unit asset
Owner’s unit delivered vacant provides flexibility for owner-occupancy or additional rental income
6.64% in-place cap rate — a premium to the ~5.9% Westchester multifamily average — expanding to 7.40% on pro forma
Severe Westchester supply constraint — county rental vacancy at a historic ~1.9%

Public Transportation

Commuter RailDriveWalkDistance
Tarrytown Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 11 min 0.5 mi
Philipse Manor Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Tarrytown Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Westchester County 23 min - 15.3 mi
LaGuardia 45 min - 28.0 mi
John F Kennedy International 58 min - 37.2 mi
Seth Glasser 212-430-5136 Marcus & Millichap
Seth Glasser 212-430-5136 Marcus & Millichap