HOUSE
Address: ‎140 Terrace Avenue
Zip Code: 10573
2 fam, 6 bed, 3 bath
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$798,000
MLS # 1001580
English
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Sat Jul 11th, 2026 @ 12 PM
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E Realty International Corp Office: ‍718-886-8110

$798,000 - 140 Terrace Avenue, Port Chester, NY 10573|MLS # 1001580

MLS #‎ 1001580
Details2 fam, 6 bed, 3 bath, AC, Lot Size: 0.04 acres, 3 Units in the building
(DOM): 52 days
Construction Year1900
Taxes
(per year)
$18,820
Fuel TypeGas
Air
Conditioning
Central Air
BasementFull basement
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房屋英文概況 English Description

Prime Mixed-Use Investment Opportunity in the Heart of Port Chester

This well-located mixed-use building only 5 minutes away from Greenwich, CT. features two fully occupied residential units generating strong, consistent rental income, with current rents below market value—providing immediate upside potential through future increases.

The property also includes a highly versatile ground-floor commercial space offering additional revenue. Formerly a vibrant Italian social club venue, the space is currently operated as a rentable venue for private parties, meetings, and small events. It produces steady supplemental income and represents a valuable built-in revenue stream for investors or owner-users.

Notably, most of the bookings have been generated through word-of-mouth alone, with little to no formal advertising. This creates a clear opportunity for growth—by implementing simple marketing strategies such as social media promotion or exterior signage, a new owner could significantly increase visibility, bookings, and overall return on investment.

The commercial space features a large open floor plan, kitchen, and half bath—ideal for events or easily adaptable for a wide range of uses, including professional office, medical space, wellness space etc. subject to approvals.

With below-market residential rents, an income-producing commercial component, and multiple value-add opportunities through repositioning and marketing, this property presents substantial upside and a compelling investment opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 E Realty International Corp. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of E Realty International Corp

公司: ‍718-886-8110




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$798,000
HOUSE
MLS # 1001580
‎140 Terrace Avenue
Port Chester, NY 10573
2 fam, 6 bed, 3 bath


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