2410 Boston Post RdLarchmont, NY 10538

Property Details for 2410 Boston Post Rd

Year built

1920

Lot size

0.08 AC

Property size (Sq ft)

3,710 SF

Property type

Investment properties

Property subtype

Live-work space

APN

553201 6-15-26

APU

55320161526

Description

This exceptional mixed-use property presents a lucrative investment opportunity in the highly desirable Larchmont, NY area. Situated at 2410 Boston Post Road, this fully renovated building boasts a total of 4,500 square feet on a 0.09-acre lot. The property comprises two spacious two-bedroom apartments, providing excellent rental income potential. In addition, two commercial spaces are available, perfectly suited for a variety of businesses. The location is unparalleled, benefiting from high visibility and significant daily traffic exceeding 20,000 vehicles. This prime retail location ensures maximum exposure for commercial tenants and strong rental demand for the residential units. Ample street parking is readily available for both residents and customers. The property's recent renovation ensures modern amenities and low maintenance costs, making it an attractive investment for both seasoned and new investors. This is a rare chance to acquire a well-maintained, high-traffic, mixed-use property in a sought-after location. The asking price is $1,300,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $613,374

  6.5%

  $566,191

  7%

  $525,749

• Comparable approach

  Method

  Valuation

  Relative Method

  $484,749

  Geo Method

  $484,749

• Alternative Use

  Use

  Valuation

  Residential

  $702,077

  Hospitality

  $643,099

  Educational

  $535,051

  Medical

  $553,452

  Retail

  $832,301

Location Insight

City

Larchmont

County

Westchester

State

New York

Latitude

40.9227

Longitude

-73.7626

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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