Mount Kisco Vertical Retail
7 E Main St Mount Kisco, NY 10549
7 E Main St, Mount Kisco, NY, 10549
$2,250,000
For Sale
$2,250,000
Three-story retail building in Mount Kisco shopping district.
Property Size8,400 SF
Lot Size0.05 Acres
Price / SF$267.86
Days on Market134
Property Features for 7 E Main St
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Lot size
- 0.05 Acres
- Property subtype
- Commercial
Listing agency
Houlihan Lawrence Commercial
(914) 960-9148
Listed by
Rich Aponte · License #10301200070
(914) 960-9148
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:56AM Checked: Jul 21 at 5:25AM
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 Houlihan Lawrence Commercial
Investment Insights
Based on property information with market context.
This three-story vertical retail building is located in the heart of the Mount Kisco Shopping District. The property is situated across from the Metro North-Harlem line train station. The building offers a total of 8,400 square feet, including two levels of retail space totaling 4,200 square feet, and two levels of shop or storage space, also totaling 4,200 square feet. The zoning is classified as "CB" and permits principal uses such as stores and shops for retail business, personal services establishments, restaurants and drinking establishments, administrative, business and professional offices, banks, counter drop-off dry cleaners and laundries, libraries and museums. Other permitted uses include service establishments, residences above stores, restaurants, offices, banks and personal service establishments, and physical training studios. Traffic data indicates that an average of 15,247 cars pass the property daily, according to NYS DOT.
Key Highlights
- Prime location in the heart of Mount Kisco Shopping District, across from Metro North train station.
- High traffic volume: 15,247 cars pass the property daily.
- Substantial 8400 SF total space: 4200 SF retail space + 4200 SF shop/storage space.
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 | $292.3k | $34.80 |
| − Vacancy | −$38.6k | −$4.59 |
| EGI | $253.7k | $30.21 |
| − OpEx | −$76.1k | −$9.06 |
| NOI | $177.6k | $21.14 |
8,400 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.54M
$2.22M – $2.96M
NOI $177,614 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Four Seasons Flower Shop — 322 E Main St, Mt Kisco, NY 10549
- FUNERAL FLOWERS BY CAROL — 288 Main St, Mt Kisco, NY 10549
FAQs
What type of property is this?
Storefront property - Three-story retail building in Mount Kisco shopping district.
Where is this storefront property located?
The property is located at 7 E Main St Mount Kisco, NY.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Prime location in the heart of Mount Kisco Shopping District, across from Metro North train station.; High traffic volume: 15,247 cars pass the property daily.; Substantial 8400 SF total space: **4200 SF retail space + 4200 SF shop/storage space.**
