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$ 1,300,000
Est. payment /mo
Coming Soon
107 Sterling Ave Harrison, NY 10528-3526
5 Beds
4.5 Baths
2,476 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,476 sqft
Price per Sqft $525
Bedrooms 5
Full Baths 4
Half Baths 1
Lot Size 8,276 Sqft
Property Description
Multi-Family Investment Property With Development Potential
Oversized 8,276 sq. ft. lot with approximately 80 feet of frontage, located in a B Two-Family Residential District. The property is currently used as a two-family investment property and offers multiple options: renovate and increase rents, owner-occupy with rental income, hold for future upside, or explore redevelopment into a new two-family townhouse.
The existing home has approximately 2,476 sq. ft. of living space and includes two apartments plus a two-car garage.
Apartment 1 includes the first floor, addition over the garage, and lower level. It is approximately 1,900 sq. ft. and features 3 to 4 bedrooms, 2 full baths, living room, eat-in kitchen, dining area, sunroom, office area, and flexible lower-level space. The lower level includes kitchen infrastructure, a laundry area, and capped plumbing for a potential full bath restoration.
Apartment 2 is located on the second floor and is approximately 850 sq. ft., featuring 2 bedrooms and 1 full bath.
The property has strong multi-family infrastructure, including two gas boilers, two gas meters, two hot water tanks, two electric meters, and one water main/meter.
Potential investment strategies include renovating both units to increase rents to approximately $9,500 per month, or exploring redevelopment into a side-by-side two-family townhouse with 4 to 5 bedrooms per side. New-construction townhouse rentals in the area are approximately $10,500 per side per month, subject to market conditions.
Conveniently located near the train, downtown Harrison, I-95, Hutchinson River Parkway, I-287, award-winning schools, golf courses, beach and tennis clubs, and the Sound Shore area.
All zoning, rental projections, lower-level use, bedroom count, and redevelopment potential should be independently verified by the buyer, architect, attorney, and municipality.
Oversized 8,276 sq. ft. lot with approximately 80 feet of frontage, located in a B Two-Family Residential District. The property is currently used as a two-family investment property and offers multiple options: renovate and increase rents, owner-occupy with rental income, hold for future upside, or explore redevelopment into a new two-family townhouse.
The existing home has approximately 2,476 sq. ft. of living space and includes two apartments plus a two-car garage.
Apartment 1 includes the first floor, addition over the garage, and lower level. It is approximately 1,900 sq. ft. and features 3 to 4 bedrooms, 2 full baths, living room, eat-in kitchen, dining area, sunroom, office area, and flexible lower-level space. The lower level includes kitchen infrastructure, a laundry area, and capped plumbing for a potential full bath restoration.
Apartment 2 is located on the second floor and is approximately 850 sq. ft., featuring 2 bedrooms and 1 full bath.
The property has strong multi-family infrastructure, including two gas boilers, two gas meters, two hot water tanks, two electric meters, and one water main/meter.
Potential investment strategies include renovating both units to increase rents to approximately $9,500 per month, or exploring redevelopment into a side-by-side two-family townhouse with 4 to 5 bedrooms per side. New-construction townhouse rentals in the area are approximately $10,500 per side per month, subject to market conditions.
Conveniently located near the train, downtown Harrison, I-95, Hutchinson River Parkway, I-287, award-winning schools, golf courses, beach and tennis clubs, and the Sound Shore area.
All zoning, rental projections, lower-level use, bedroom count, and redevelopment potential should be independently verified by the buyer, architect, attorney, and municipality.
Location
State NY
County Westchester
Listed by Dwell Snap Team • FIND Real Estate
NEARBY SCHOOL & BUSINESS
Data provided by Home Junction
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