823 Post Rd Scarsdale, NY 10583
- Investment properties
- 3,806 SF
- 0.18 lot acres
Current Use by Public Records
- Investment properties
Property Details for 823 Post Rd
- Lot size
- 0.18 lot acres
- Property size
- 3,806 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 552489 60./4/23
- APU
- 55248960423
Description
This exceptional commercial property, located at 823 Post Road in Scarsdale, New York, presents a compelling investment opportunity boasting an over 8% capitalization rate. Situated on a high-traffic corner, at the intersection of White Plains Road and Brook Street, this building benefits from excellent visibility and accessibility, just off the Bronx River Parkway. The property's strategic location within a densely populated residential area ensures a substantial customer base. The surrounding neighborhood comprises over 40,000 residents with an average household income exceeding $310,000, providing a strong foundation for sustained business activity. The flexible floor plan allows for diverse uses, including retail and office spaces, catering to a wide range of potential tenants. Ample parking is available for customer convenience. This is a rare chance to acquire a high-performing commercial asset in a highly desirable and affluent area. The building's strong performance and prime location make it an ideal investment for discerning buyers seeking significant returns. While the square footage and lot size are not currently specified, the property's financial performance and location speak for themselves. This is a truly exceptional opportunity not to be missed. *Information Believed Accurate But Not Warranted*
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Scarsdale
- County
- Westchester
- State
- New York
- Longitude
- -73.803
- Latitude
- 40.9764
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA