2430 Boston Post RdLarchmont, NY 10538

Property Details for 2430 Boston Post Rd

Year built

1972

Lot size

0.22 AC

Property size (Sq ft)

3,028 SF

Property type

Auto shops

APN

553289 5-3-421

APU

55328953421

Description

This exceptional turn-key retail business and building, located at 2430 Boston Post Road in Larchmont, NY, presents a lucrative investment opportunity. The 5,572 square foot property sits on a 0.22-acre lot in a prime location, surrounded by dealerships and situated on a major thoroughfare, ensuring high visibility and traffic. The established business, family-owned since 2003, boasts an annual gross income exceeding $1,000,000. The property offers ample parking, accommodating over 20 cars indoors and over 40 outdoors. All necessary permits and licenses are current, simplifying the transition for the new owner. The business itself is a legally operating body shop, a highly sought-after and difficult-to-obtain license. This presents a rare opportunity to acquire both a thriving business and a strategically located commercial building. Financial reports and tax forms are available upon request, providing comprehensive details for due diligence. The property's features include attached and detached parking for four or more vehicles each. This is a truly unique opportunity to acquire a profitable, established business with significant growth potential. Don't miss this chance to own a piece of Larchmont's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $735,910

  6.5%

  $679,301

  7%

  $630,780

• Comparable approach

  Method

  Valuation

  Relative Method

  $997,009

  Geo Method

  $997,009

• Alternative Use

  Use

  Valuation

  Residential

  $573,016

  Hospitality

  $524,880

  Educational

  $436,694

  Medical

  $451,712

  Retail

  $679,301

Location Insight

City

Larchmont

County

Westchester

State

New York

Latitude

40.9222

Longitude

-73.7634

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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