107 Sterling Ave Harrison, NY 10528-3526

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Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,476 sqft

Price per Sqft $525

Sold Date 10/15/26

Bedrooms 5

Full Baths 4

Half Baths 1

Lot Size 8,276 Sqft

Property Description

SOLD !!!!!!!!!!!!!!!!!!!

Multi-Family Investment Property With Development Potential

Oversized 8,276 sq. ft. lot with approximately 80 feet of frontage, located in a B Two-Family Residential District. The property is currently used as a two-family investment property and offers multiple options: renovate and increase rents, owner-occupy with rental income, hold for future upside, or explore redevelopment into a new two-family townhouse.

The existing home has approximately 2,476 sq. ft. of living space and includes two apartments plus a two-car garage.

Apartment 1 includes the first floor, addition over the garage, and lower level. It is approximately 1,900 sq. ft. and features 3 to 4 bedrooms, 2 full baths, living room, eat-in kitchen, dining area, sunroom, office area, and flexible lower-level space. The lower level includes kitchen infrastructure, a laundry area, and capped plumbing for a potential full bath restoration.

Apartment 2 is located on the second floor and is approximately 850 sq. ft., featuring 2 bedrooms and 1 full bath.

The property has strong multi-family infrastructure, including two gas boilers, two gas meters, two hot water tanks, two electric meters, and one water main/meter.

Potential investment strategies include renovating both units to increase rents to approximately $9,500 per month, or exploring redevelopment into a side-by-side two-family townhouse with 4 to 5 bedrooms per side. New-construction townhouse rentals in the area are approximately $10,500 per side per month, subject to market conditions.

Conveniently located near the train, downtown Harrison, I-95, Hutchinson River Parkway, I-287, award-winning schools, golf courses, beach and tennis clubs, and the Sound Shore area.

All zoning, rental projections, lower-level use, bedroom count, and redevelopment potential should be independently verified by the buyer, architect, attorney, and municipality.