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141 Ferris Avenue

White Plains, NY 10603
  • $1,800,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 863198
UPDATED: 38 min ago
$1,800,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1924
County:
Area:

School Information

Elementary School:
School District:

Description

Prime 11-Unit Multi-Family Investment Opportunity! This impressive brick building, in great condition, offers a rare combination of convenience, stability, and income potential. Featuring 11 units, including 9 ETPA-regulated and 2 rent-controlled apartments, this property provides an ideal setup for long-term rental income. Residents enjoy easy access to on-site parking, with a large lot accommodating 15 cars plus a 2-car garage. Located near the Metro-North Railroad, local shops, bus lines, and major parkways and highways. A fantastic opportunity for investors seeking a stable rental asset! This building is being sold as a package with 91 and 93 Ferris Avenue for $3.4M see MLS #'s 862924, 862945

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-09T14:19:30.36.
www.nicoleburkehomes.com/homes/163879622
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141 Ferris Avenue White Plains, NY 10603

  • Price: $1,800,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 38 min ago
  • MLS #: 863198
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1924
Built
Neighborhood:
White Plains
County:
Westchester
Area:
White Plains
Elementary School:
White Plains
Middle School:
White Plains Middle School
High School:
White Plains Senior High School
School District:
White Plains
Property Description
Prime 11-Unit Multi-Family Investment Opportunity! This impressive brick building, in great condition, offers a rare combination of convenience, stability, and income potential. Featuring 11 units, including 9 ETPA-regulated and 2 rent-controlled apartments, this property provides an ideal setup for long-term rental income. Residents enjoy easy access to on-site parking, with a large lot accommodating 15 cars plus a 2-car garage. Located near the Metro-North Railroad, local shops, bus lines, and major parkways and highways. A fantastic opportunity for investors seeking a stable rental asset! This building is being sold as a package with 91 and 93 Ferris Avenue for $3.4M see MLS #'s 862924, 862945
Exterior Features

Construction Materials Brick Parking Features Off Street Parking Total 15 Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement Details UnfinishedWalk-Out Access Basement YN Yes Cooling None Elevator YN No Number Of Heating Zones 6

Property Features

Annual Rental Income 156260 Building Area Total 6960 Electric Company Con-Edison Fuel Expense 12298 Gross Income 182660 Insurance Expense 13719 Lot Size Area 10019 Net Operating Income 121951 Number Of Separate Electric Meters 12 Number Of Separate Gas Meters 12 Operating Expense 60709 Other Expense 3966 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 27898 Tax Source Municipality Tenant Pays ElectricityGasHeat Total Vacancies 0 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected Water Sewer Expense 2740 Water Source Public

Listing courtesy of Donna Vieni of Howard Hanna Rand Realty: 914-328-0333
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nicole Burke, MBA | Charles Rutenberg Realty. Data last updated: 2025-07-09T14:19:30.36.
 
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Nicole Burke, MBA | Charles Rutenberg Realty
255 Executive Drive, Suite 208
Plainview NY, 11803