137 Willett Avenue | Rye Town
Prime Investment Opportunity! \nMulti-Use Commercial & Residential Property\n135-139 Willett's Ave, Port Chester, NY 10574\nA Rare Ten-Unit Portfolio in Thriving Port Chester\nSeize 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.\nInvestment Highlights\n * Exceptional Annual Income: Generating a substantial $245,000} in total annual gross income.\n * Ideal Unit Mix: A secure blend of residential and commercial tenants:\n * 8 Residential Units: All highly-desirable one-bedroom apartments.\n * 2 Ground-Floor Retail Stores: Providing consistent commercial income.\n * 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.\n Premier Location: Downtown Port Chester\nPort 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.\n| Steps from Metro-North Train Station | High demand from NYC commuters. |\n| Walkable to The Capitol Theatre | Attracts residents seeking entertainment and nightlife. |\n| Surrounded by New Residential Developments | Indicates strong local investment and future property value growth. |\n| Access to I-95 & I-287 | Easy connectivity to Westchester County, NYC, and Connecticut. |\nProperty Features\nThis well-maintained building ensures ease of management and lower capital expenditure for the new owner.\n * Mixed-Use Zoning: Flexibility for future use and high marketability.\n * Residential Units: In-demand one-bedroom layouts, appealing to renters who are flocking to the area.\n * Retail Presence: Established commercial storefronts drive foot traffic and stability to the income.\n * 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.\nThis is more than a building; it's a strategically positioned financial asset ready to deliver immediate returns.\nDon't miss this opportunity to acquire a gem in one of Westchester's hottest markets!\nThis well-maintained building ensures ease of management and lower capital expenditure for the new owner. OneKeyMLS 932055
Directions to property: King St to Willett Ave
