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    509 New York 22 North Salem, NY

    For Sale
    $1,550,000

    Office building and two-family residential investment opportunity in North Salem.

    Property size:
    4,800 SF
    Lot size:
    1.37 Acres

    Property Features for 509 New York 22

    General Information

    Size
    4,800 SF
    Lot size
    1.37 Acres

    Source: Princeton Realty Group Agent George Arco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Salem Office and Residential

    This property in North Salem presents a real estate opportunity for investment. The location is suitable for an office building and a two-family residential building. Situated in North Salem (Purdys), the property offers visibility and accessibility. The office building has 4,800 square feet of space, featuring amenities, parking, and flexible floor plans. The two-family home includes 1,462 square feet with two 1-bedroom units. The property's location in North Salem, NY, provides a setting for office and multi-family residential investment. It offers proximity to I-684, Exit 7, and provides access to amenities and attractions.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Hotel & Motel Gym & Fitness Food Market Bar & Pub Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    North Salem
    County
    Westchester
    State
    New York
    Longitude
    -73.5947459
    Latitude
    41.3377373

    FAQs

    What type of property is this?
    Office building - Office building and two-family residential investment opportunity in North Salem.
    Where is this office building located?
    The property is located at 509 New York 22 North Salem, NY.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - Prime real estate opportunity in sought-after North Salem.; - Ideal location for an office and a two-family residential building investment.; - Office building: **4,800 sq. ft.** with modern amenities, ample parking, and flexible floor plans.
    (914) 747-5000
    Request Owner's contact information
    509 New York 22 North Salem, NY
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    North Salem, NY
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    509 New York 22 North Salem, NY
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