52 Garth Rd - Storefront Retail/Residential FOR SALE


Scarsdale, NY 10583
$899,000 USD
914-747-5000
52 Garth Rd, Scarsdale, NY for Sale
$899,000 USD
Storefront Retail/Residential - FOR SALE
1/3
null | Request Cap Rate

52 Garth Rd
Scarsdale, NY 10583


HIGHLIGHTS

  • This mixed-use retail/residential investment provides a two-bedroom apartment unit and a ground floor retail storefront.
  • Building offers convenient parking, with two spaces at the rear of the building, plus metered street parking and a municipal garage nearby.
  • Location is within walking distance of the Metro North train station, offering connections to Midtown Manhattan in just 30 minutes.
  • Scarsdale presents a prime location for commercial investment, with top-rated schools, affluent demographics, and elevated retail spending in 2024.
  • A central location allows customers to reach the property within 20-30 minutes from the bay, the Hudson, Manhattan, and Northern Westchester.

OVERVIEW

Available for sale is an 1,890 square foot two-story retail/residential property consisting of a two-bedroom apartment and a rental unit on the first floor at 52 Garth Road in Scarsdale, New York. Utilities include municipal water and sewer, Con Ed electric and gas with oil fired steam heat. Parking includes two spaces in the rear of the building plus, metered street parking, and a municipal garage. 52 Garth Road is located right in the heart of the Village of Scarsdale and is centrally placed in the -business district. The high-exposure destination provides daily visibility to more than 5,700 passing vehicles each day. The property is within walking distance of the Metro North train station and offers easy access to the Bronx River Parkway. Additionally, the location sits just 11 miles from the northern tip of Manhattan and 20 miles from Midtown, which may be reached by Metro-North Railroad express train in approximately 30 minutes. The historic Village of Scarsdale has a total area of 6.68 square miles, located approximately 7 miles to the border of New York City in the Bronx. Scarsdale’s proximity to Manhattan, its highly rated school district, and affluent demographics make this asset a stable investment with great upside. Its central location puts Scarsdale 20-30 minutes from anywhere, including the bay to the east, the Hudson to the west, Manhattan to the south, and the charming towns of Northern Westchester to the north. The Village of Scarsdale houses upscale dining, quaint retail shopping, serene public parks, and a supportive, active community.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$476 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,561 SF

ZONING

VCR-2

APN/PARCEL ID

5001-001-006-00021-000-0000

ASK ABOUT THIS PROPERTY

Sharon CreazzoPrinceton Realty Group Commercial Real EstateMore Info
914-747-5000

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

Sharon CreazzoPrinceton Realty Group Commercial Real EstateMore Info
914-747-5000

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