40 Westchester Ave - Freestanding FOR SALE


Pound Ridge, NY 10576
$1,450,000 USD
914-907-5487
40 Westchester Ave, Pound Ridge, NY for Sale
$1,450,000 USD
Freestanding - FOR SALE
1/26
null | 5.6% Cap Rate

40 Westchester Ave
Pound Ridge, NY 10576


OVERVIEW

OFFERED AT : $1,450,000 Mid-Century Modern, Mixed-Use Commercial Building in desirable Scotts Corners, Pound Ridge, NY Investment Offering – Mixed-Use Property An exceptional mixed-use investment opportunity in the heart of Pound Ridge, offering stable income from both commercial and residential tenants. This asset provides immediate cash flow with upside potential through modest rent increases. Iconic Mid-Century Modern Building in very desirable Scotts Corners. Great investment opportunity, building fully leased, currently leased by 2 successful businesses on first floor and 2 1BR 1BA Apts, with covered courtyard and large back yard to enjoy the beauty of Pound Ridge with laundry for each residential unit. Ample parking with top deck parking for commercial stores and second lower deck parking for residential tenants. Highly visible on a crossroads to New Canaan and Stamford, CT, Bedford, South Salem and neighboring towns. A destination to visitors from NYC that want to enjoy the small town country feel with fantastic restaurants, shops and all other services offered in Scotts Corners!

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

22,920 SF

ZONING

06

APN/PARCEL ID

4600-000-000-09455-028

ASK ABOUT THIS PROPERTY

Barry SynnottColdwell Banker Commercial Realty Inc.More Info
914-907-5487

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Barry SynnottColdwell Banker Commercial Realty Inc.More Info
914-907-5487

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