345 Kear StYorktown Heights, NY 10598

Property Details for 345 Kear St

Year built

1926

Lot size

1.92 AC

Property size (Sq ft)

1,496 SF

Zone code

C-2R

Property type

Investment properties

Property subtype

Live-work space

APN

555400 37.18-2-84

APU

5554003718284

Description

This exceptional 1400-square-foot single-tenant retail office space is located in a prestigious, architecturally acclaimed building in Yorktown Heights, New York. Situated at 345 Kear St, 10598, this corner office boasts an enviable location with high visibility due to significant road frontage and ample parking. The space features two walls of windows, providing abundant natural light, and includes a large windowed conference room, ideal for meetings and client presentations. The building enjoys a thriving tenant mix, including established businesses such as The Gramercy restaurant and Edward Jones, ensuring a vibrant and professional atmosphere. This prime location offers easy access to major retailers and a key intersection in Yorktown Heights, providing excellent exposure and convenience. The motivated landlord is willing to assist with build-out customization to meet specific tenant requirements, making this an unparalleled opportunity for businesses seeking a move-in ready, high-profile office space in Westchester County. The property is classified as retail, with an office subtype, and is located in Westchester County, New York.

• CAP approach

  CAP return

  Valuation

  6%

  $247,333

  6.5%

  $228,308

  7%

  $212,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,467

  Geo Method

  $195,467

• Alternative Use

  Use

  Valuation

  Residential

  $283,102

  Hospitality

  $259,320

  Educational

  $215,751

  Medical

  $223,171

  Retail

  $335,612

Location Insight

City

Yorktown Heights

County

Westchester

State

New York

Latitude

41.2706

Longitude

-73.7823

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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