702 Saw Mill River Rd, Yorktown Heights, NY 10598

3 Unit Apartment Building Offered at $2,343,000 at a 6% Cap Rate in Yorktown Heights, NY 10598

Asking Price $2,343,000

Property Type: Multifamily
Square Feet: 3,600 SF

Listing Contacts

Gregory Walwer

Verified Profile

Property Info

Property Overview

Academic co-Realty Services is pleased to represent the sale of Ricciardella Estates, at 702 Saw Mill River Road (State Route 118) in Yorktown Heights, New York. Located in southern Yorktown, the property measures just under one acre, with three new townhouses and a 6-bay garage fully leased. The property complements an existing five-unit townhouse complex next door at 714 Saw Mill River Road, also for sale. The three new units yield a NOI of $140,600. The area provides a tranquil environment in the heart of Westchester County, set across the New Croton Reservoir from the Kitchawan Preserve, and the property abuts the scenic Yorktown Heights Rail Trail. All within five minutes drive of Downtown Yorktown Heights, the IBM Research Center, Mohansic Golf Course, and Locke Ledge Country Club.

Property Details

Year Built: 2024
Stories: 2
Lot Size (sq. ft): 43,560 SF
Units: 3

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