Ossining Mixed-Use Property For
193 Main St Ossining, NY 10562
193 Main St, Ossining, NY, 10562
$950,000
For Sale
$950,000
Fully leased mixed-use property with cafe and residential unit.
Property Size1,600 SF
Price / SF$593.75
Days on Market89
Property Features for 193 Main St
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1876
Listing agency
Houlihan Lawrence Commercial
(914) 960-9148
Listed by
Rich Aponte · License #10301200070
(914) 960-9148
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:19PM Checked: Jul 21 at 8:21AM
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 mixed-use property is located in the Village of Ossining. The property is fully leased and includes a street-level cafe with a full basement, and a duplex residential unit above. The building has been fully renovated and features natural light from skylights, 10-foot ceilings, a deck, and views of the Hudson River. The 1,600 square foot property includes a private fenced yard and parking for two cars. Recent upgrades include a new hot water heater, new refrigerator, and new shower and toilets for the apartment. The location has a walk score of 89, indicating it is very walkable, a bike score of 44, indicating it is somewhat bikeable, and a transit score of 46, indicating some transit options are available.
Key Highlights
- Fully Leased Mixed‑Use Property: Street‑level cafe and duplex residential unit provide immediate income.
- Fully Renovated 1600 SF Duplex: Features natural light from skylights, 10' ceilings, deck, and Hudson River views.
- Highly Walkable Location: Walk Score of 89 in the Village of Ossining.
Local Financial Insights For Multifamily LT 5
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 | $47.6k | $29.76 |
| − Vacancy | −$3.1k | −$1.93 |
| EGI | $44.5k | $27.83 |
| − OpEx | −$13.4k | −$8.35 |
| NOI | $31.2k | $19.48 |
1,600 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$445.2K
$389.6K – $519.4K
NOI $31,165 @ 7.0% cap · market cap 3.28%
Second Best
Specialty Retail
$392.9K
$343.8K – $458.4K
NOI $27,504 @ 7.0% cap · market cap 2.90%
Theoretical Best
Retail
$483.3K
$422.9K – $563.9K
NOI $33,831 @ 7.0% cap · market cap 3.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Frytanga Cafe
Cafe & Coffee Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with cafe and residential unit.
Where is this mixed-use property located?
The property is located at 193 Main St Ossining, NY.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Fully Leased Mixed‑Use Property: Street‑level cafe and duplex residential unit provide immediate income.; Fully Renovated 1600 SF Duplex: Features natural light from skylights, 10' ceilings, deck, and Hudson River views.; Highly Walkable Location: Walk Score of 89 in the Village of Ossining.
