1395 Boston Post RdLarchmont, NY 10538

Property Details for 1395 Boston Post Rd

Year built

1960

Lot size

0.29 AC

Property size (Sq ft)

9,400 SF

Property type

Investment properties

Property subtype

Live-work space

APN

553289 4-11-224

APU

553289411224

Description

This exceptional freestanding retail property, located at 1395 Boston Post Road in Larchmont, New York, offers 8,400 square feet of versatile space currently available for lease. The building is situated on a 0.31-acre lot in Westchester County and features two suites, each measuring 4,200 square feet. The entire 8,400 square feet is currently vacant, presenting a unique opportunity for a single tenant or the potential for two separate occupants. The property is classified as retail and is further categorized as a freestanding auto shop, suggesting adaptability for various retail uses. On-site dedicated parking is available for the convenience of tenants and customers. The minimum divisible space is 4,200 square feet, with a maximum contiguous space also at 4,200 square feet. This prime location in Larchmont, NY (zip code 10538) offers excellent visibility and accessibility, making it an ideal location for businesses seeking a high-traffic area. The property's size and layout provide ample space for a variety of retail concepts. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial retail space in a desirable Westchester County location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,771,840

  6.5%

  $1,635,540

  7%

  $1,518,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,252,770

  Geo Method

  $1,252,770

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,200,880

  Retail / Commercial

  $1,641,400

  Hospitality / Lodging

  $1,199,950

  Office

  $1,625,830

  Institutional / Educational

  $1,700,310

  Residential Income

  $1,989,360

  Multifamily

  $2,385,930

  Automotive / Energy

  $1,457,410

  Parking / Income-Based Land

  $502,933

  Restaurant / Food Service

  $850,660

  Healthcare / Senior Housing

  $1,677,220

Location Insight

City

Larchmont

County

Westchester

State

New York

Latitude

40.9335

Longitude

-73.7481

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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