Listed by NuRealty Advisors
$2,500,000
1 Riverside Dr
Details
APN 3401-115-007-00001-001-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 16,228
Units 14
Cap Rate 7.20%
NOI $183,082
Price per SqFt $154
Class C
Year Built 1965
Buildings 1
Stories 3
Lot Size (SqFt) 30,056
Zoning R2
Parking Spaces 10 spaces
Parking Per SqFt 0.62
Ownership Fee Simple
Multifamily | 14 Units | $178,571/unit
Marketing description
NuRealty Advisors Inc. is proud to present the Exclusive Listing for 1 Riverside Drive, Sleepy Hollow, NY.
Ideally located adjacent to the Philipse Manor Metro North Station, this exceptional property offers magnificent views of the Hudson River and NYC.
The property features 14 units, 10 outdoor parking spaces, and a laundry room. The unit mix: Three 1BRs, Seven 2BRs, and Four 3BRs. Recent capital improvements include a new gas heating boiler and new blacktop paving for the driveway (completed October 2025). The property generates an annual gross income of approximately $315,000, with tremendous upside potential.
Nestled in a quiet residential neighborhood and just steps from the train, this property combines convenience, scenic views, and solid investment fundamentals — truly a must-see opportunity.
Attractive financing is available through Walker & Dunlop, featuring 10 years of Interest-Only Payments.
Investment highlights
- https://www.youtube.com/watch?v=dlFX9Nxy2DE
Listing Contacts
Listed by NuRealty Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$183,082.00
$15,256.83/mo
Valuation Metrics
0
DSCR
7.32%
Cap Rate
7.32%
ROI
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