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For sale
  • Price cut: $1K (7/24)
    $898,000

    556 Westchester Avenue, Port Chester, NY 10573

    4beds
    1,972sqft
    Loading
    Duplex, Multi Family
    Built in 1958
    -- sqft lot
    $-- Zestimate®
    $455/sqft
    $-- HOA

    What's special

    Two-Family Investment Opportunity – RYE BROOK property at PORT CHESTER prices!! This beautifully maintained two-family home in the highly desirable Rye Brook area offers a rare opportunity for both investors and owner-occupants. Currently generating over $5,200/month in rental income, with rents still below market value. This property presents immediate upside potential. A standout feature is the finished, currently VACANT walk-out basement, previously used as an in-law suite. This space offers excellent flexibility and can be combined with the first-floor unit to achieve an estimated rental income of $4,200+ per month.The home features two well-appointed residential units, each with in-unit washer and dryer and hardwood floors throughout. The second-floor unit includes carpeting for added sound insulation. Highlights include: Strong Income + Value-Add Potential: Consistent cash flow with room for rent growth Flexible Layout: Ideal for investors, owner-occupants, or multi-generational living Prime Location: Quiet, tree-lined street just minutes to Rye Ridge Shopping Center, downtown Port Chester, Rye, Greenwich, Metro-North, I-287 & I-95 Ample Parking: Off-street parking for up to 6 vehicles Lower-Level Flex Space: Finished walk-out level with rec room, bath, and bonus room—perfect for extended living or recreation Outdoor Appeal: Beautifully landscaped property including Shed for extra storage.This is a rare opportunity to own a versatile, income-producing property in one of Westchester’s most sought-after locations. Don’t miss it! Residual Income , Increasing Equity and Long-Term Appreciation
    58 days
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    507
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    E Realty International Corp 718-886-8110,

    Cosmo Iadanza 917-345-5504

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1008396MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Washer/Dryer Hookup
      Features
      • First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen, In-Law Floorplan
      • Flooring: Hardwood
      • Basement: Finished,Full,Walk-Out Access
      Interior area
      • Total structure area: 1,972
      • Total interior livable area: 1,972 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Alley Access, Attached, Driveway, Off Street, Private
      • Has uncovered spaces: Yes
      Lot
      • Size: 7,256 Square Feet
      Details
      • Parcel number: 48051350000008300100430000000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Vinyl Siding
      Condition
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected

      Community & HOA

      Location
      • Region: Port Chester

      Financial & listing details

      • Price per square foot: $455/sqft
      • Tax assessed value: $734,700
      • Annual tax amount: $17,319
      • Date on market: 6/3/2026
      • Cumulative days on market: 51 days
      • Listing agreement: Exclusive Right To Sell
      • Tenant pays: All Utilities
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/24/2026Price change$898,000-0.1%$455/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1008396 Report a problem
        7/22/2026Listed for sale$899,000$456/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1008396 Report a problem
        7/15/2026Pending sale$899,000$456/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1008396 Report a problem
        6/3/2026Listed for sale$899,000+103.4%$456/sqft
        Source: OneKey® MLS as distributed by MLS GRID #1008396 Report a problem
        5/4/2016Sold$442,000-11.4%$224/sqft
        Source: OneKey® MLS as distributed by MLS GRID #H4551273 Report a problem
        2/17/2016Pending sale$499,000$253/sqft
        Source: Rye Port Real Estate, Inc. #4551273 Report a problem
        11/26/2015Listed for sale$499,000+13.4%$253/sqft
        Source: Rye Port Real Estate, Inc. #4551273 Report a problem
        9/19/2013Listing removed$439,900$223/sqft
        Source: Rye Port International Real Estate,Inc. #3300166 Report a problem
        1/3/2013Listed for sale$439,900-6.2%$223/sqft
        Source: Rye Port International Real Estate,Inc. #3300166 Report a problem
        11/21/2012Listing removed$469,000$238/sqft
        Source: CENTURY 21 SCHNEIDER REALTY #3223498 Report a problem
        7/28/2012Listed for sale$469,000$238/sqft
        Source: CENTURY 21 SCHNEIDER REALTY #3223498 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $764,100 +4%
        2024-- $734,700 +4%
        2023-- $706,400 +14.4%
        2022-- $617,500 +8%
        2021-- $571,800
        2020-- $571,800 +13.3%
        2019-- $504,700 +1%
        2018-- $499,800 +5.3%
        2017-- $474,800 +5.1%
        2016-- $451,600 -1.3%
        2015-- $457,700 +8.7%
        2014-- $421,100 -2.2%
        2013-- $430,700 -1.3%
        2012-- $436,400 -13.9%
        2011-- $506,700 +10.4%
        2010-- $459,000 -13.6%
        2009-- $531,400 -3%
        2008-- $547,800 -5%
        2007-- $576,600 +6%
        2006-- $544,000 +10.2%
        2005-- $493,800 +7%
        2004-- $461,500 +4657.7%
        2003-- $9,700
        2002-- $9,700
        2000-- $9,700
        1999-- $9,700
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 10573

        Getting around

        84 / 100
        Very Walkable
        33 / 100
        Some Transit
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Park Avenue School - Westchester
        • Middle: Port Chester Middle School
        • High: Port Chester Senior High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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