Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    291 E Main St, Unit 1ST Mount Kisco, NY 10549

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500 /Mo

    Versatile commercial space in a sought-after downtown location.

    Lot size:
    0.29 Acres

    Property Features for 291 E Main St

    General Information

    Lot size
    0.29 Acres

    Building Details

    Year built
    1925

    We can help!

    Listing Contact
    Dominick Difilippo
    Source: Elliman

    Listing Agent: Dominick Difilippo

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

    Learn more

    Property Insight Report

    Overview

    Mount Kisco Commercial Rental Space

    Located on Main Street in Mount Kisco, this commercial rental offers approximately 1,000 sq ft of professional space. The layout provides flexibility to customize the space. Natural light and a welcoming atmosphere are present. Parking options include dedicated space in the driveway plus ample street parking nearby. The landlord covers water and exterior maintenance. Tenant is responsible for all utilities. The property is located in a downtown location, surrounded by shops, dining, and a professional community. It is suited for a small office, attorney, real estate agency, or similar business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Kisco
    County
    Westchester
    State
    New York
    Longitude
    -73.7249635
    Latitude
    41.2003143

    Nearby Similar for Lease

    • $29 SF/Yr
      13,000 SF

      Prime Downtown Mount Kisco Location

      Versatile commercial space in a vibrant, growing downtown area.
      74 S Moger Ave, Mount Kisco, NY 10549
      View Details
    • $750 /Mo

      Mount Kisco Office Space Available

      Second floor office space for lease in Mount Kisco.
      125 E Main St, Mount Kisco, NY 10549
      View Details
    • $1,650 /Mo

      Mount Kisco Office Space

      Second floor office space in Mount Kisco available for lease.
      125 E Main St, Mount Kisco, NY 10549
      View Details
    • $750 /Mo
      250 SF

      Mount Kisco Office Space Available

      Second floor office space for lease on Main Street.
      125 E Main St, Mount Kisco, NY 10549
      View Details
    • $7,500 /Mo
      1,590 SF

      Unique Retail Store for Lease

      Freestanding 1,590 SF retail store with 21 parking spaces.
      41 Armonk Rd, Mount Kisco, NY 10549
      View Details
    • $1,000 /Mo

      Furnished Office Space Available

      Elegantly furnished offices with premium amenities in accessible location.
      118 N Bedford Rd, Mount Kisco, NY 10549
      View Details
    • $1,000 /Mo

      Furnished Offices in Accessible Location

      Semi-private, furnished offices with amenities in accessible Westchester location.
      118 N Bedford Rd, Mount Kisco, NY 10549
      View Details
    • Contact for pricing
      30,177 SF

      Mount Kisco Medical Office Space

      Prime Medical Office Suites Available
      359 Main St, Mount Kisco, NY 10549
      View Details
    • Contact for pricing
      9,000 SF

      Versatile Retail/Office Space Available

      9,000 SF space suitable for retail, office, or restaurant.
      82 S Moger Ave, Mount Kisco, NY 10549
      View Details
    • Contact for pricing
      1,540 SF

      Mount Kisco Commercial Space

      5,500 SF commercial space for rent on Route 117.
      269 N Bedford Rd, Mount Kisco, NY 10549
      View Details
    • $3,100 /Mo

      Updated Apartment in Mount Kisco

      Two-bedroom apartment near shops, dining, and transportation.
      37 D, Mount Kisco, NY 10549
      View Details
    • $22 SF/Yr

      Office/Flex Space with Outdoor Area

      Built-out office/flex space suitable for children's day care.
      27 Columbus Ave, Mount Kisco, NY 10549
      View Details

    FAQs

    What type of property is this?
    Office space - Versatile commercial space in a sought-after downtown location.
    Where is this office space located?
    The property is located at 291 E Main St, Unit 1ST Mount Kisco, NY.
    What are key features of this property?
    This property features: - Prime location on Main Street in Mount Kisco; - Approximately 1,000 sq ft of customizable professional space; - Ample natural light and welcoming atmosphere
    (914) 962-0007
    Request Owner's contact information
    291 E Main St, Unit 1ST Mount Kisco, NY 10549
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    291 E Main St, Unit 1ST
    Mount Kisco, NY 10549
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    291 E Main St, Unit 1ST Mount Kisco, NY 10549
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dominick Difilippo
    (914) 962-0007
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.