Multi-Tenant Mixed-Use
11-15 Court Road, Bedford, NY 10506
For Sale
$1,895,000
Pending
Commercial Sale, Bedford, NY
Property Size5,328 SF
Lot Size0.64 Acres
Days on Market62
Property Features for 11-15 Court Road
General Information
Property type
Property subtype
Zoning
Rooms
Parking
Basement
Lot features
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Buildings
Listing Agency:
Ginnel Real Estate
(914) 234-9234
Listed By:
Caroline E. Conte
(914) 275-2897
Added: Sep 14
Changed: Nov 6
Last Checked: Nov 14 at 3:06AM
MLS# 1050932
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 5,328 square feet, including 744 finished square feet of third-floor storage. The building is arranged with three first-floor retail spaces, each with its own entrance, along with three offices on the second floor. Frame construction, electric baseboard heat, window and wall/window cooling units, public water, and a septic tank serve the property. Fourteen parking spaces are provided on the 0.64-acre landscaped lot, which includes lawn and bluestone-walk frontage.
The property is located within the Bedford Village Historic District near the Village Green. Bedford Hills train station is less than 5 minutes away, and Route 684 is described as seconds from the property. Zoning is NB. The address is 11-15 Court Road, Bedford, NY 10506.
The property is located within the Bedford Village Historic District near the Village Green. Bedford Hills train station is less than 5 minutes away, and Route 684 is described as seconds from the property. Zoning is NB. The address is 11-15 Court Road, Bedford, NY 10506.
Key Highlights
- 5,328‑square‑foot mixed‑use building with 744 finished square feet of third‑floor storage
- Three first‑floor retail spaces with separate entrances
- Three second‑floor office spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,658
Cap Rate
5.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,253,160
$2.3M
Cap Rate 7%
$1,609,400
$1.6M
Cap Rate 9%
$1,251,756
$1.3M
Market Conditions
NOI Build-Up for 5,328 SF
Gross rent
$185.4K $34.80/SF
− Vacancy
−$24.5K −$4.59/SF
EGI
$160.9K $30.21/SF
− OpEx
−$48.3K −$9.06/SF
NOI
$112.7K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,253,160
Cap Rate 7%
$1,609,400
Cap Rate 9%
$1,251,756
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,658 @ 7.0% cap · market cap 5.95%
Second Best
Mixed Use
$1.10M
$965.3K – $1.29M
NOI $77,223 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$3.52M
$3.08M – $4.11M
NOI $246,593 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 100%
Bedford Playhouse
Leisure
3,206 visits/mo
0.1 miles
Demographics for 10506, NY
5,762
Population
2,408
Households
2.4
Avg Household Size
46
Median Age
86%
College-Educated
99%
High-School Grad
16.6 sq mi
ZIP Area
347
Density / Sq Mi
$250,001
Median Household Income
$122,917
Median Earnings
$3,188
Median Rent
$1,097,800
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Westchester County, NY
Properties on Market for Mixed-use properties in Westchester County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three retail suites and three upper-level offices provide a flexible commercial configuration in Bedford Village.
Where is this mixed-use property located?
The property is located at 11-15 Court Road Bedford, NY.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 5,328‑square‑foot mixed‑use building with 744 finished square feet of third‑floor storage; Three first‑floor retail spaces with separate entrances; Three second‑floor office spaces
