For Sale
$3,150,000

123 Valley Rd Katonah, NY 10536

12-Unit Apartment Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
127
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.

Highlights

  • $3,150,000 asking price for this multifamily investment opportunity.
  • 12-unit apartment building in Katonah, NY.
  • Class C property with 9,240 square feet.
  • 100% occupancy generating $170,290 NOI.
  • Four buildings on a 55,000 square foot lot.
  • Built in 1970, two stories per building.

Property Details for 123 Valley Rd

Property type
Apartment buildings
Square Feet
9,240 SF
Class
C
Year Built
1970
Buildings
4
Stories
2
Units
12

Location Insight

City
Katonah
County
Westchester
State
New York
Latitude
41.2537419
Longitude
-73.6912004
123 Valley Rd, Katonah, New York

FAQs

What type of property is this?
Apartment building - 12-Unit Apartment Building, 100% Occupied
Where is the apartment building located?
The property is located at 123 Valley Rd Katonah, NY.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: $3,150,000 asking price for this multifamily investment opportunity.; 12-unit apartment building in Katonah, NY.; Class C property with 9,240 square feet.
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 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 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].
123 Valley Rd
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