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    Mixed-Use Retail and Apartment Portfolio Title is generated by Realmo AI

    1137-1143 E Main Street, Yorktown, NY 10588

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    For Sale
    $2,995,000

    Fully occupied three-building portfolio combining retail storefronts and five residential units with on-site parking.

    Type:Mixed Use
    Property size:
    7,845 SF
    Price / SF:
    $381/SF
    Added:
    May 14, 2026
    Days on Market:
    33
    Last Refresh:
    Jun 15 at 1:39 am

    Property Features for 1137-1143 E Main Street

    General Information

    Standard status
    Active
    Size
    7,845 SF
    Property subtype
    Mixed Use

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    Listing Contact
    Keri Kenny

    Listing agent Keri Kenny License #RES.0819121

    Listing office Coldwell Banker Realty

    Listing date May 14, 2026

    Source Xome

    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

    HighLights

    • Fully occupied 3‑building mixed‑use investment portfolio with retail storefronts and 5 residential apartments
    • Retail tenants include a hair salon, ice cream shop, deli, guitar shop, fuel business, and gift shop
    • 5 residential apartments: 3 one‑bedroom units and 2 two‑bedroom units
    • 43 parking spaces on‑site with a large parking lot
    • Estimated 8,000+ daily traffic count; steps from Taconic State Parkway with nearby bus stops, library, and schools
    • Actual NOI reported as $148,821

    Overview

    This for-sale mixed-use investment portfolio includes three buildings that are fully occupied. The retail component features multiple storefront tenants, including a hair salon, ice cream shop, deli, guitar shop, fuel business, and gift shop. The residential component includes five apartments, with three one-bedroom units and two two-bedroom units. Outside, the offering includes a large parking lot and two landscaped parcels, designed to support both customer access and resident convenience.

    The property is positioned in the heart of Shrub Oaks commercial hamlet center on E Main Street, and the remarks indicate it is steps away from the Taconic State Parkway. The surrounding area includes nearby bus stops, a library, and schools. The listing also cites an 8,000+ daily traffic count, supporting steady visibility for the retail operations.

    For investors, the combination of income-generating retail tenants and residential apartments provides diversification within a single portfolio structure. The listing states an actual NOI of $148,821, and the mix of unit types and storefront uses may appeal to buyers looking for an already-leased, multi-income property with established on-site parking and landscaping.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $273.0k $34.80
    − Vacancy −$36.0k −$4.59
    EGI $237.0k $30.21
    − OpEx −$71.1k −$9.06
    NOI $165.9k $21.14
    7,845 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.37M
    $2.07M – $2.76M (±1% cap)
    NOI $165,878 @ 7.0% cap · market cap 5.54%
    Second Best
    Specialty Retail
    $1.93M
    $1.69M – $2.25M (±1% cap)
    NOI $134,856 @ 7.0% cap · market cap 4.50%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yorktown
    County
    Westchester
    State
    New York
    Longitude
    -73.829993
    Latitude
    41.3293246

    FAQs

    What type of property is this?
    Apartment building - Fully occupied three-building portfolio combining retail storefronts and five residential units with on-site parking.
    Where is this apartment building located?
    The property is located at 1137-1143 E Main Street Yorktown, 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: Fully occupied 3‑building mixed‑use investment portfolio with retail storefronts and 5 residential apartments; Retail tenants include a hair salon, ice cream shop, deli, guitar shop, fuel business, and gift shop; 5 residential apartments: 3 one‑bedroom units and 2 two‑bedroom units
    More about this property
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