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Mixed-Use Retail Portfolio
For Sale
$2,995,000

1137-1143 E Main Street, Shrub Oak, NY 10588

Three buildings combine storefront businesses with five apartments in a fully occupied property.

Property SizeContact for details
Days on Market148

Property Features for 1137-1143 E Main Street

General Information

Standard status Active
Property subtype Mixed Use
Occupancy 100%
Net Operating Income $148,821

Site & Location

Traffic Count 8,000 vehicles/day
Highway Access Yes
Public Transit Yes

Units

Unit Mix 3 x 1BR, 2 x 2BR
Multifamily Units 5

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Coldwell Banker Realty
Listed By: Keri Kenny · License #10401337125
Source: Fivecornersproperties
Added: May 28 Changed: Oct 22 Last Checked: Oct 22 at 3:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

The property comprises three buildings with retail businesses and five residential apartments. The apartment mix includes three one-bedroom units and two two-bedroom units. Retail occupants include a salon, ice cream shop, deli, guitar shop, fuel business, and gift shop. The property is fully occupied and includes a large parking area across two landscaped parcels.

Positioned in Shrub Oak’s commercial hamlet center, the property is near the Taconic State Parkway, bus stops, a library, and schools. The area records a daily traffic count of 8,000+.

Key Highlights

  • Three‑building mixed‑use property with retail and residential space
  • Fully occupied with five apartments: three one‑bedroom units and two two‑bedroom units
  • Retail businesses include a salon, ice cream shop, deli, guitar shop, fuel business, and gift shop

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Spa & Massage Center Hair Salon Building Supply Auto Parts Store Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
8,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 10588, NY

2,430
Population
1,172
Households
2.1
Avg Household Size
46
Median Age
52%
College-Educated
88%
High-School Grad
1.6 sq mi
ZIP Area
1,519
Density / Sq Mi
$171,598
Median Household Income
$80,170
Median Earnings
$1,281
Median Rent
$522,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings combine storefront businesses with five apartments in a fully occupied property.
Where is this mixed-use property located?
The property is located at 1137-1143 E Main Street Shrub Oak, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Three‑building mixed‑use property with retail and residential space; Fully occupied with five apartments: three one‑bedroom units and two two‑bedroom units; Retail businesses include a salon, ice cream shop, deli, guitar shop, fuel business, and gift shop
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