Bronxville, NY 10708,22 Sagamore RD

$24,000,000

$27,500,000

12.7%
Est.Price: ?

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Est. payment /mo

1.93 Acres Lot


SOLD DATE : 11/25/2024

Key Details

Sold Price $24,000,000

Property Type Commercial

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID KEYH6289809

Sold Date 11/25/24

Originating Board onekey2

Rental Info No

Year Built 1929

Annual Tax Amount $414,423

Lot Size 1.930 Acres

Acres 1.93

Property Description

Prescott Square Realty is a 40 unit multi-family residential complex in the Village of Bronxville operated by the fourth generation of a family which has been its steward for 100 years. It sits at the corner of Prescott Avenue and Sagamore Road on the east side of the Metro North railroad line, making for a very friendly walk to the Bronxville schools, shopping district and train depot. Development occurred at the tail-end of a broad wave of apartment building and townhouse construction that took place during the first three decades of the 20th century up and down Sagamore Road. The property directly abuts one of the most beautiful single family home neighborhoods found on the East coast: Bronxville’s Hilltop.
There are 28 units in a six-story, prewar Tudor apartment building, as well as 10 four-bedroom/two-bath townhouses, and 2 single family homes. There are 14 garages and 8 outdoor assigned parking spaces rented to residents. The remaining 13 outdoor spaces are assigned to the townhouse and single family residents.
The Village tax rolls have the property broken down into six separate parcels spanning 1.93 acres within its four boundaries. All six parcels are zoned Residence C - Three-Story Multiple Residence.

No partial sales.
No seller financing.
No 1031s.

Location

State NY

County Westchester County

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Indirect Water Heater

Exterior

Garage Assigned, Garage

Utilities Available Trash Collection Public

Building

Lot Description Corner Lot, Near Public Transit, Near School, Near Shops

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Stone,Wood Siding

Schools

Elementary Schools Bronxville Elementary School

Middle Schools Bronxville Middle School

High Schools Bronxville High School

School District Bronxville

Others

Special Listing Condition None

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Listed by Julia B Fee Sothebys Int. Rlty
Bought with Julia B Fee Sothebys Int. Rlty
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