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$ 1,099,000
Est. payment | /mo
4 Beds
3 Baths
$ 1,099,000
Est. payment | /mo
4 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 821120
Bedrooms 4
Full Baths 3
Rental Info No
Year Built 1920
Annual Tax Amount $18,108
Property Sub-Type Quadruplex
Source onekey2
Property Description
Exceptional Mixed-Use Investment Opportunity in Prime Larchmont, NY
Now available in one of Westchester's most desirable and high-traffic corridors—this fully renovated mixed-use property offers both immediate income and long-term growth potential. Located in the heart of Larchmont, this asset presents a rare opportunity to own in a premier retail and residential market with over 20,000 vehicles passing daily.
Key Highlights:
Current Cap Rate: 7%
Pro Forma Cap Rate: Over 8.5%
Unit Mix:
(2) Spacious Two-Bedroom Residential Units
Front Unit: Approx. 1,100 sq ft 2 Bedroom with 2 full bathrooms,
Rear Unit: Approx. 950 sq ft 1 bedroom with 1 full bathroom,
(2) Ground-Level Commercial Units
Front Office: Approx. 825 sq ft – currently tenant-occupied
Rear Office: Approx. 975 sq ft + 825 sq ft finished basement – will be delivered vacant
Additional Features:
Fully renovated throughout with modern finishes
Excellent visibility and signage potential
Located in a high-demand retail corridor with ample street parking
Walking distance to shops, transportation, and community amenities
This is a turn-key investment offering stable cash flow and strong upside. Ideal for investors or owner-users seeking a premier Larchmont address.
Contact us today for full financials or to schedule a private showing.
Now available in one of Westchester's most desirable and high-traffic corridors—this fully renovated mixed-use property offers both immediate income and long-term growth potential. Located in the heart of Larchmont, this asset presents a rare opportunity to own in a premier retail and residential market with over 20,000 vehicles passing daily.
Key Highlights:
Current Cap Rate: 7%
Pro Forma Cap Rate: Over 8.5%
Unit Mix:
(2) Spacious Two-Bedroom Residential Units
Front Unit: Approx. 1,100 sq ft 2 Bedroom with 2 full bathrooms,
Rear Unit: Approx. 950 sq ft 1 bedroom with 1 full bathroom,
(2) Ground-Level Commercial Units
Front Office: Approx. 825 sq ft – currently tenant-occupied
Rear Office: Approx. 975 sq ft + 825 sq ft finished basement – will be delivered vacant
Additional Features:
Fully renovated throughout with modern finishes
Excellent visibility and signage potential
Located in a high-demand retail corridor with ample street parking
Walking distance to shops, transportation, and community amenities
This is a turn-key investment offering stable cash flow and strong upside. Ideal for investors or owner-users seeking a premier Larchmont address.
Contact us today for full financials or to schedule a private showing.
Location
State NY
County Westchester County
Rooms
Basement Finished
Interior
Interior Features Eat-in Kitchen
Heating Forced Air, Hot Water, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Hardwood, Laminate
Fireplace No
Exterior
Fence Back Yard
Utilities Available Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Available
Garage false
Building
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Senior Community No
Special Listing Condition None
Listed by Comres Realty Group LLC • Endrit A. Haxhiu