King St. Prime Transit-Oriented Development | 208 King St
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King St. Prime Transit-Oriented Development 208 King St Lot | Résidentiel | 0,23 ha | À vendre | Port Chester, NY 10573
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Transit Oriented Development located in Opportunity Zone: QOZ with potential tax advantages
- Unit Mix: 185 luxury apartments (40 studios, 54 1BR, 80 2BR, 11 3BR)
- Premium Amenities: Rooftop deck, clubroom/lounge, yoga and fitness rooms, dog run, and conference center
- Shovel-Ready: Full site plan amendment approved by Port Chester Planning Commission (Sept. 2025)
- Parking: 185-space self-park garage (no stackers) + 47 indoor bike spaces
- A rare 7.37% Yield On Cost!
RÉSUMÉ ANALYTIQUE
Rare Transit-Oriented Development with Full Entitlements in a Qualified Opportunity Zone
208–216 King Street presents a fully approved, shovel-ready multifamily development in the heart of Port Chester, NY. This 185-unit luxury project sits less than 400 feet from the Metro-North station, offering exceptional transit connectivity and unbeatable access to NYC, southern New England, and the Hudson Valley.
The project’s amended design delivers major upgrades: mechanical stackers have been replaced with a 1:1 self-parking garage (185 spaces), and streamlined construction methods minimize SOE requirements, improving efficiency while maintaining the project’s premium design and 12-story height.
This development caters to a wide range of residents—young professionals, families, and empty nesters—seeking Westchester’s upscale lifestyle without ownership burdens. With luxury amenities including a rooftop deck, club lounge, yoga/fitness studios, dog run, and conference center, this property is primed to capture strong rental demand in a market where housing supply remains tight.
Project Highlights
Transit-Oriented Location: ~391 ft to Metro-North; steps to bus stops; minutes to I-95, I-287, and Westchester County Airport
Shovel-Ready: Full site plan amendment approved by Port Chester Planning Commission (Sept. 2025)
Unit Mix: 185 luxury apartments (40 studios, 54 1BR, 80 2BR, 11 3BR)
Square Footage: 247,874 SF | Height: 12 stories
Parking: 185-space self-park garage (no stackers) + 47 indoor bike spaces
Affordable Housing: 19 units (10%)
Premium Amenities: Rooftop deck, clubroom/lounge, yoga and fitness rooms, dog run, and conference center
Location Benefits: Steps from vibrant downtown retail and dining; access to NYC and tri-state region
Opportunity Zone: Located in a QOZ with potential tax advantages*
Offering: Development rights with full entitlements – shovel-ready project
Land Summary
Lot Size: 0.57 acres
Zoning: Approved for luxury multifamily residential
Builder’s Advantage: Optimized construction plan with minimized SOE, increasing efficiency. An Attractive 7.3 YOC!
*QOZ benefits depend on investor eligibility and current law; buyers should seek professional guidance.
*Broker Participation is Protected!
208–216 King Street presents a fully approved, shovel-ready multifamily development in the heart of Port Chester, NY. This 185-unit luxury project sits less than 400 feet from the Metro-North station, offering exceptional transit connectivity and unbeatable access to NYC, southern New England, and the Hudson Valley.
The project’s amended design delivers major upgrades: mechanical stackers have been replaced with a 1:1 self-parking garage (185 spaces), and streamlined construction methods minimize SOE requirements, improving efficiency while maintaining the project’s premium design and 12-story height.
This development caters to a wide range of residents—young professionals, families, and empty nesters—seeking Westchester’s upscale lifestyle without ownership burdens. With luxury amenities including a rooftop deck, club lounge, yoga/fitness studios, dog run, and conference center, this property is primed to capture strong rental demand in a market where housing supply remains tight.
Project Highlights
Transit-Oriented Location: ~391 ft to Metro-North; steps to bus stops; minutes to I-95, I-287, and Westchester County Airport
Shovel-Ready: Full site plan amendment approved by Port Chester Planning Commission (Sept. 2025)
Unit Mix: 185 luxury apartments (40 studios, 54 1BR, 80 2BR, 11 3BR)
Square Footage: 247,874 SF | Height: 12 stories
Parking: 185-space self-park garage (no stackers) + 47 indoor bike spaces
Affordable Housing: 19 units (10%)
Premium Amenities: Rooftop deck, clubroom/lounge, yoga and fitness rooms, dog run, and conference center
Location Benefits: Steps from vibrant downtown retail and dining; access to NYC and tri-state region
Opportunity Zone: Located in a QOZ with potential tax advantages*
Offering: Development rights with full entitlements – shovel-ready project
Land Summary
Lot Size: 0.57 acres
Zoning: Approved for luxury multifamily residential
Builder’s Advantage: Optimized construction plan with minimized SOE, increasing efficiency. An Attractive 7.3 YOC!
*QOZ benefits depend on investor eligibility and current law; buyers should seek professional guidance.
*Broker Participation is Protected!
BILAN FINANCIER (PRO FORMA - 2025) |
ANNUEL | ANNUEL PAR ha |
|---|---|---|
| Revenu de location brut |
6 884 147 €
|
29 844 033,00 €
|
| Autres revenus |
566 946 €
|
2 457 813,45 €
|
| Perte due à la vacance |
447 065 €
|
1 938 107,69 €
|
| Revenu brut effectif |
7 004 028 €
|
30 363 738,76 €
|
| Taxes |
114 921 €
|
498 205,43 €
|
| Frais d’exploitation |
1 374 801 €
|
5 960 013,09 €
|
| Total des frais |
1 489 723 €
|
6 458 218,52 €
|
| Résultat net d’exploitation |
5 514 306 €
|
23 905 520,24 €
|
BILAN FINANCIER (PRO FORMA - 2025)
| Revenu de location brut | |
|---|---|
| Annuel | 6 884 147 € |
| Annuel par ha | 29 844 033,00 € |
| Autres revenus | |
|---|---|
| Annuel | 566 946 € |
| Annuel par ha | 2 457 813,45 € |
| Perte due à la vacance | |
|---|---|
| Annuel | 447 065 € |
| Annuel par ha | 1 938 107,69 € |
| Revenu brut effectif | |
|---|---|
| Annuel | 7 004 028 € |
| Annuel par ha | 30 363 738,76 € |
| Taxes | |
|---|---|
| Annuel | 114 921 € |
| Annuel par ha | 498 205,43 € |
| Frais d’exploitation | |
|---|---|
| Annuel | 1 374 801 € |
| Annuel par ha | 5 960 013,09 € |
| Total des frais | |
|---|---|
| Annuel | 1 489 723 € |
| Annuel par ha | 6 458 218,52 € |
| Résultat net d’exploitation | |
|---|---|
| Annuel | 5 514 306 € |
| Annuel par ha | 23 905 520,24 € |
INFORMATIONS SUR L’IMMEUBLE
1 LOT DISPONIBLE
Lot
| Surface du lot | 0,23 ha |
| Surface du lot | 0,23 ha |
Prime, fully entitled multifamily development in a pedestrian-friendly Westchester location—just 30 minutes north of NYC and 391 feet from Metro-North. Amended approval features a 1:1 self-parking garage (185 spaces) and improved constructability.
DESCRIPTION
To be built
1 of 1
Walk Score®
Idéal pour les promeneurs (93)
1 de 2
VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 of 1
Présenté par
King St. Prime Transit-Oriented Development | 208 King St
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