322 Main StMount Kisco, NY 10549

Property Details for 322 Main St

Lot size

0.48 AC

Zone code

OD

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

555601 80.41-3-10

APU

5556018041310

Description

This exceptional mixed-use property in Mount Kisco, NY, presents a compelling investment opportunity. Located at 322 E Main St, this offering encompasses two buildings totaling 6,796 square feet on a 0.352-acre lot, zoned OD - Low Intensity Office District. The main building features four units: two street-level retail spaces, one office, and a three-bedroom residential apartment on the second floor with two bathrooms. A full commercial kitchen and ample storage are situated in the basement. A significant advantage is the inclusion of a detached 2,200 square foot garage, ideal for storage or additional business uses. The property offers approximately 12 on-site parking spaces located at the rear. The building's layout provides versatility for a variety of businesses, capitalizing on its strategic location just 55 minutes north of Manhattan and 25 minutes from White Plains. The individual unit sizes are as follows: 2,404 square feet on the first floor, 1,452 square feet on the second floor, and 2,940 square feet in the basement. This property is offered at $1,400,000 and represents a strong value in a desirable Westchester County location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,483,170

  6.5%

  $3,215,234

  7%

  $2,985,574

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,752,745

  Geo Method

  $2,752,745

• Alternative Use

  Use

  Valuation

  Residential

  $3,986,890

  Hospitality

  $3,651,970

  Educational

  $3,038,396

  Medical

  $3,142,891

  Retail

  $4,726,394

Location Insight

City

Mount Kisco

County

Westchester

State

New York

Latitude

41.1994

Longitude

-73.7257

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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