168-180 N Main St - Storefront Retail/Office FOR SALE


Port Chester, NY 10573- Rye Brook/Port Chester
$3,450,000 USD
914-447-8768
168-180 N Main St, Port Chester, NY for Sale
$3,450,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 6.45% Cap Rate

168-180 N Main St
Port Chester, NY 10573
Rye Brook/Port Chester


HIGHLIGHTS

  • Strong In-Place Income with Upside – Stable NOI with below-market residential rents offering clear value-add potential
  • Diversified Tenant Mix – Food, service, and retail tenants reduce vacancy risk
  • Prime Downtown Location – Positioned in the heart of Port Chester’s Urban Core, steps from transit, dining, and major developments
  • Rare On-Site Parking – 15 dedicated spaces + handicap space (highly desirable in downtown setting)
  • High Visibility Retail Corridor – 167’ frontage on North Main Street with strong foot traffic
  • As-of-Right Development Potential – Zoned for 2–8 story mixed-use redevelopment or expansion

OVERVIEW

168–180 North Main Street presents a rare opportunity to acquire a fully stabilized, transit-oriented mixed-use asset in the heart of downtown Port Chester. The property consists of seven street-level commercial storefronts and six residential apartments, delivering immediate and diversified in-place cash flow with reduced tenant concentration risk. Strategically located directly across from the new Abendroth mixed-use development and within a short walk to the Port Chester Metro-North Train Station, the asset benefits from strong foot traffic, excellent visibility, and continued investment throughout the surrounding area. The investment offers a compelling value-add component, as the residential units are currently leased below market, allowing an investor to increase income over time through rent adjustments and natural tenant turnover. This upside is complemented by a stable commercial tenant base with leases extending through 2030, providing a strong foundation of predictable income. Additionally, the property includes on-site parking for 16 vehicles (1 handicap space), a highly sought-after amenity in downtown Port Chester, further enhancing tenant demand and long-term leasing stability. Situated within an Opportunity Zone and zoned CD-5, the site also offers as-of-right mixed-use development potential (2–8 stories), providing future optionality for redevelopment, expansion, or repositioning as the Village continues to evolve. This offering is ideal for investors seeking a combination of stable in-place cash flow, long-term appreciation, and redevelopment potential in one of Westchester’s fastest-growing, transit-oriented downtowns.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown Port Chester Mixed Use Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1866

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

Mill St

LAND ACRES

0.24 AC

LAND SF

10,520 SF

ZONING

CD-5

APN/PARCEL ID

4801-142-000-00023-001-0047-0000000

ASK ABOUT THIS PROPERTY

Chris KrzeminskiC.J. Pagano & SonsMore Info
914-447-8768

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Chris KrzeminskiC.J. Pagano & SonsMore Info
914-447-8768

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.