119 E Hartsdale Ave Unit 5K · Hartsdale, NY 10530

$249,975

2 bd · 1.0 ba · 1,000 sqft · Condo · 36 Days on market

Built 1963 $250/sqft · at area comps Est $254k · at est.

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• ARV discount +8.2/15.0
• Schools +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Commuter's dream! Welcome to this bright and inviting 2-bedroom residence at 119 East Hartsdale Avenue, Unit 5K, ideally located in the heart of Hartsdale. This well-maintained home has been freshly painted throughout and features brand new carpeting in the living room and both bedrooms, creating a warm, clean and comfortable living environment with a spacious layout and abundant natural light. The generously sized living room provides ample space for both relaxation and entertaining, while the dining area flows seamlessly into the kitchen, making everyday living convenient and enjoyable. The primary bedroom is large and tranquil, offering excellent closet space and room for a full furniture set. Additional storage throughout the unit ensures everything has its place. Situated in the Fenimore House, a well-kept building with amenities such as laundry on every floor, elevator access, on-site management, assigned garage parking space, this residence offers both comfort and convenience and it's pet friendly! Easy access to highways and just moments from shops, restaurants, parks, and the Metro-North station, this location is perfect for commuters and those seeking a vibrant yet peaceful community. Relax and enjoy the peace and quiet but get to NYC in 30 minutes for work or entertainment. STAR reduction of $100+ per month not included in the maintenance. Don’t miss the opportunity to make this charming home your own!

Key facts

• Garage
• Built 1963
• Listed 36 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $250k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $250k).
• Recommended offer: $242k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.7% vs local median 5.8% in Hartsdale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#94 in NY, #1,430 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, cost of living F.
• Greenburgh Central School District (suburban): math 51% / reading 55% proficiency, ranked #267 of 590 in NY (top 45%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 156 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); 954 units permitted in Westchester County in 2024 (649 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Westchester County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $70k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($242k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $190k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $242,475 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.45% ✓
• Cap rate: 11.70%
• Cash-on-cash: 19.32%
• DSCR: 1.86
• GRM: 5.8

CMA / ARV

• ARV (median comp): $253,867
• List price: $249,975
• Delta: -1.53%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.3%
• Equity multiple: 1.45×
• Total profit: $31,327
• Equity at exit: $37,272

10-year hold

• IRR: 20.3%
• Equity multiple: 2.71×
• Total profit: $119,928
• Equity at exit: $21,613

Cash invested: $69,993 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 10530

• Active inventory: 156
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $3,613 high
• Mortgage (P&I): −$1,311
• Tax est. 1.5%: −$312 /mo · $3,750/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$759
• Net cashflow: $1,127

Break-even live

Break-even rent $2,187

Max offer price $249,975

Occupancy floor 64%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $62,494
• Closing costs: $7,499
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
140 E Hartsdale Ave Hartsdale, NY	2.0	1.0	875	$2,895	$3.31	21d	1	0.07mi
250 S Central Ave Apt 3I Hartsdale, NY	2.0	1.0	1000	$4,350	$4.35	43d	1	0.50mi
250 S Central Ave Apt 4A Hartsdale, NY	2.0	1.0	1289	$4,350	$3.37	16d	1	0.50mi
250 Central Park Ave Unit 5I Hartsdale, NY	2.0	1.0	1000	$4,550	$4.55	17d	1	0.52mi
250 S Central Ave Hartsdale, NY	1.0–2.0	1.0–2.0	1084	$5,500	$5.07	1d	1	0.52mi
330 Central Park Ave Apt F8 Scarsdale, NY	2.0	2.0	1200	$3,700	$3.08	4d	1	0.71mi
55 Fieldstone Dr Unit 69 Hartsdale, NY	1.0	1.0	800	$2,100	$2.62	11d	1	1.06mi
500 Central Park Ave Scarsdale, NY	2.0	1.5–2.0	1231	$4,425	$3.59	12d	1	1.07mi
9 Ridgeview Ave White Plains, NY	3.0	1.0	1500	$3,500	$2.33	24d	1	1.10mi
400 High Point Dr Unit 206 Hartsdale, NY	1.0	1.0	987	$3,300	$3.34	43d	1	1.32mi
55 McKinley Ave Unit D2-3 White Plains, NY	1.0	1.0	809	$2,400	$2.97	43d	1	1.33mi
57 Bank St Unit 1040035P White Plains, NY	2.0	1.0–2.0	726	$9,348	$12.88	2d	3	1.50mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 40 events

1. 2026-04-14
   listed $249,975 Active 1443-char remark

   Show marketing remark (1443 chars)

   Commuter's dream! Welcome to this bright and inviting 2-bedroom residence at 119 East Hartsdale Avenue, Unit 5K, ideally located in the heart of Hartsdale. This well-maintained home has been freshly painted throughout and features brand new carpeting in the living room and both bedrooms, creating a warm, clean and comfortable living environment with a spacious layout and abundant natural light. The generously sized living room provides ample space for both relaxation and entertaining, while the dining area flows seamlessly into the kitchen, making everyday living convenient and enjoyable. The primary bedroom is large and tranquil, offering excellent closet space and room for a full furniture set. Additional storage throughout the unit ensures everything has its place. Situated in the Fenimore House, a well-kept building with amenities such as laundry on every floor, elevator access, on-site management, assigned garage parking space, this residence offers both comfort and convenience and it's pet friendly! Easy access to highways and just moments from shops, restaurants, parks, and the Metro-North station, this location is perfect for commuters and those seeking a vibrant yet peaceful community. Relax and enjoy the peace and quiet but get to NYC in 30 minutes for work or entertainment. STAR reduction of $100+ per month not included in the maintenance. Don’t miss the opportunity to make this charming home your own!

2. 2015-07-29
   price $190,000 492-char remark

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

3. 2015-07-29
   soldstatus $190,000 Sold 492-char remark

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

4. 2015-07-29
   soldstatus $190,000

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

5. 2015-06-04
   historical Pending 492-char remark

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

6. 2015-06-04
   price $198,000 492-char remark

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

7. 2015-05-05
   listed $198,000 Active 492-char remark

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

8. 2015-05-05
   listed $198,000

   Show marketing remark (492 chars)

   Great apartment for commuters. Sunny & bright updated 2 bedroom unit. Walk right into entry foyer with floor to ceiling closets. Large living room with Dining area. Newer kitchen with granite countertops and backsplash tiles. Unit has crown moldings. Laundry on each floor. Deeded indoor parking spot for $72.81/month. Playground on premises. Close to Metro North and Commuter bus to Manhattan. Walk to quaint Hartsdale Village with shops and restaurants. $5,000 BONUS TO SELLING AGENT.

9. 2015-04-27
   historical Withdrawn
10. 2015-04-27
    historical
11. 2015-04-06
    price
12. 2015-01-09
    status Active
13. 2015-01-06
    price
14. 2014-12-30
    historical Temporarily off Market
15. 2014-12-05
    listed Active
16. 2014-12-05
    listed $199,999
17. 2014-12-01
    historical Expired
18. 2014-11-30
    historical
19. 2014-10-30
    price
20. 2014-05-19
    listed $227,500
21. 2014-05-19
    listed Active
22. 2014-04-19
    historical Withdrawn
23. 2014-04-19
    historical
24. 2014-03-14
    listed Active
25. 2014-03-13
    listed $235,000
26. 2012-05-04
    historical
27. 2012-05-04
    historical
28. 2012-03-15
    listed Active
29. 2012-03-15
    listed $179,000
30. 2011-01-26
    historical
31. 2010-12-06
    price
32. 2010-07-01
    listed Active
33. 2007-07-10
    soldstatus $228,500
34. 2007-05-24
    historical
35. 2007-05-24
    price $249,900
36. 2007-04-23
    listed $228,500
37. 2005-05-05
    soldstatus $186,000
38. 2005-04-07
    price $189,900
39. 2005-04-07
    historical
40. 2005-01-27
    listed $186,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,360
• − Mortgage interest: −$14,002
• − Property taxes: −$3,750
• − Insurance: −$1,250
• − Repairs & maintenance: −$3,469
• − Management: −$3,469
• − Depreciation: −$7,272
• Taxable income: $10,148
• Est. tax owed @ 24.0%: −$2,436
• After-tax cash flow: $11,088/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Greenburgh Central School District
• NCES district ID: 3612720
• Math proficiency: 51% ▲ 4.00%
• Reading proficiency: 55% ▲ 5.00%
• Median HH income: $93,626
• Composite: 49.43/100
• National rank: #2005
• State rank: #267 of 590 in NY

Livability — Hartsdale

• Score: 81/100
• State rank: #94
• US rank: #1430

Category grades

Amenities F Commute A Cost of living F Crime A+ Employment A+ Housing A+ Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hartsdale, NY
• Population (ZIP): 13,955

Population outlook (Westchester County) Hauer SSP2

• Today (2025): 1,028,035 people
• By 2030: 1,051,636 · +2.3%
• By 2040: 1,098,520 · +6.9%
• By 2050: 1,136,044 · +10.5%
• By 2075: 1,196,925 · +16.4%
• By 2100: 1,175,147 · +14.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (68%)
• Race & ethnicity: White 68% Hispanic / Latino 12% Asian 10% Two or more races 9% Black 7%
• Hispanic origin (detail): Mexican 2% Puerto Rican 4% Dominican 2%
• Common ancestry: Romanian 9% Scotch-Irish 5% Italian 2%
• Foreign-born: 23% · Canada, China, South Korea
• Languages at home: 71% English-only · Spanish 9% Other Indo-European 6% Russian/Polish/Slavic 5%

Political lean MEDSL · Westchester

• 2024 margin: Strong D (+26.3) · D 63.1% · R 36.9%
• 2008→2024 swing: -1.3pp toward R · 2008: 27.6pp · 2024: 26.3pp
• All cycles: 2024: D+26.3 2020: D+36.3 2016: D+32.8 2012: D+22.2 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -616.16%
• Current HPI: 320.7324
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+34.4% since first listed

40 events — show timeline

• 2026-04-14 Listed $249,975 OneKey® MLS as Distributed by MLS Grid
• 2015-07-29 Sold (MLS) $190,000 HGMLS
• 2015-07-29 Price Changed $190,000 HGMLS
• 2015-07-29 Sold (MLS) $190,000 OneKey® MLS as Distributed by MLS Grid
• 2015-06-04 Contingent — HGMLS
• 2015-06-04 Price Changed $198,000 HGMLS
• 2015-05-05 Listed $198,000 HGMLS
• 2015-05-05 Listed $198,000 OneKey® MLS as Distributed by MLS Grid
• 2015-04-27 Delisted — HGMLS
• 2015-04-27 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2015-04-06 Price Changed — HGMLS
• 2015-01-09 Relisted — HGMLS
• 2015-01-06 Price Changed — HGMLS
• 2014-12-30 Delisted — HGMLS
• 2014-12-05 Listed — HGMLS
• 2014-12-05 Listed $199,999 OneKey® MLS as Distributed by MLS Grid
• 2014-12-01 Delisted — HGMLS
• 2014-11-30 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2014-10-30 Price Changed — HGMLS
• 2014-05-19 Listed $227,500 OneKey® MLS as Distributed by MLS Grid
• 2014-05-19 Listed — HGMLS
• 2014-04-19 Delisted — HGMLS
• 2014-04-19 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2014-03-14 Listed — HGMLS
• 2014-03-13 Listed $235,000 OneKey® MLS as Distributed by MLS Grid
• 2012-05-04 Delisted — HGMLS
• 2012-05-04 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2012-03-15 Listed — HGMLS
• 2012-03-15 Listed $179,000 OneKey® MLS as Distributed by MLS Grid
• 2011-01-26 Delisted — HGMLS
• 2010-12-06 Price Changed — HGMLS
• 2010-07-01 Listed — HGMLS
• 2007-07-10 Sold (MLS) $228,500 HGMLS
• 2007-05-24 Price Changed $249,900 HGMLS
• 2007-05-24 Delisted — HGMLS
• 2007-04-23 Listed $228,500 HGMLS
• 2005-05-05 Sold (MLS) $186,000 HGMLS
• 2005-04-07 Delisted — HGMLS
• 2005-04-07 Price Changed $189,900 HGMLS
• 2005-01-27 Listed $186,000 HGMLS