137 Willett Ave Port Chester, NY 10573

Prime Investment Opportunity! Multi-Use Commercial & Residential Property 135-139 Willett's Ave, Port Chester, NY 10574 A Rare Ten-Unit Portfolio in Thriving Port Chester Seize a chance to own a fully-occupied, high-yield mixed-use building in the dynamic "Coolchester" market. Located in the heart ...of downtown, this property offers a diverse income stream from both residential and established retail tenants. Investment Highlights * Exceptional Annual Income: Generating a substantial $245,000} in total annual gross income. * Ideal Unit Mix: A secure blend of residential and commercial tenants: * 8 Residential Units: All highly-desirable one-bedroom apartments. * 2 Ground-Floor Retail Stores: Providing consistent commercial income. * Strong Cash Flow Potential: The robust current income and in-demand unit sizes (1BR apartments) provide an excellent foundation for immediate cash flow and future rent growth. Premier Location: Downtown Port Chester Port Chester is a vibrant, high-demand area often referred to as the "Brooklyn of Westchester County" for its rapid development, culinary scene, and cultural attractions. Steps from Metro-North Train Station High demand from NYC commuters. Walkable to The Capitol Theatre Attracts residents seeking entertainment and nightlife. Surrounded by New Residential Developments Indicates strong local investment and future property value growth. Access to I-95 & I-287 Easy connectivity to Westchester County, NYC, and Connecticut. Property Features This well-maintained building ensures ease of management and lower capital expenditure for the new owner. * Mixed-Use Zoning: Flexibility for future use and high marketability. * Residential Units: In-demand one-bedroom layouts, appealing to renters who are flocking to the area. * Retail Presence: Established commercial storefronts drive foot traffic and stability to the income. * Rye Brook/Port Chester Neighborhood: A desirable area with average 1-bedroom rents estimated around $2,400-$3,000per month, indicating strong rental market support. This is more than a building; it's a strategically positioned financial asset ready to deliver immediate returns. Don't miss this opportunity to acquire a gem in one of Westchester's hottest markets! This well-maintained building ensures ease of management and lower capital expenditure for the new owner. Continue reading