Building Details

Building Size 5,600 SF

Year Built 2015

Listing Agency: Princeton Realty Group

Listed By: Todd Albright Show Phone

Source: Commercialcafe

Added: May 15 Changed: Oct 4 Last Checked: Oct 12 at 4:51PM

Report an Issue

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 Princeton Realty Group

Investment Insights

Based on property information with market context.

Located in Mount Kisco, this three-story property on East Main Street, formerly a restaurant, is suitable for various concepts. The interior includes a commercial kitchen, bar area, and multiple dining levels, with a rooftop dining space. A dumbwaiter and elevator facilitate service between floors. Storefront windows provide natural light. The layout is adaptable for restaurant or retail uses. Municipal parking is available behind the building. The property is located in a town with boutique shops, dining, and local services, near the Metro-North train station, ensuring foot traffic. The space is fully built-out and ready for a wide range of concepts.

Key Highlights

• Fully built‑out space with a complete commercial kitchen, bar area, and multiple dining levels, including a rooftop dining space, ideal for restaurant concepts.
• High‑visibility location on East Main Street in Mount Kisco** with strong foot traffic.
• Convenient municipal parking located directly behind the building.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$118,409

Cap Rate

3.70%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,368,180 $2.4M

Cap Rate 7%

$1,691,557 $1.7M

Cap Rate 9%

$1,315,656 $1.3M

Market Conditions

NOI Build-Up for 5,600 SF

Gross rent

$194.9K $34.80/SF

− Vacancy

−$25.7K −$4.59/SF

EGI

$169.2K $30.21/SF

− OpEx

−$50.7K −$9.06/SF

NOI

$118.4K $21.14/SF

Area

Westchester County, NY

Vacancy

13.20%

Lease Rate

$34.80 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,368,180

Cap Rate 7%

$1,691,557

Cap Rate 9%

$1,315,656

Alternative Uses

Best Use

Retail

$1.69M

$1.48M – $1.97M (±1% cap)

NOI $118,409 @ 7.0% cap · market cap 3.70%

Second Best

Specialty Retail

$1.38M

$1.20M – $1.60M (±1% cap)

NOI $96,264 @ 7.0% cap · market cap 3.01%

Theoretical Best

—

—

same as Best Use

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,549

Businesses Nearby

113k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 51% Home Improvements & Furnishings 23% Dining 15% Electronics 6%

HomeGoods Home Improvements & Furnishings

26,007 visits/mo 0.3 miles

Party City Shops & Services

11,086 visits/mo 0.1 miles

Starbucks Dining

10,960 visits/mo 0.2 miles

Chase Bank Shops & Services

8,745 visits/mo 0.2 miles

Bank of America Shops & Services

6,797 visits/mo 0.1 miles

Demographics for 10549, NY

16,837

Population

6,339

Households

2.7

Avg Household Size

42

Median Age

60%

College-Educated

88%

High-School Grad

19.1 sq mi

ZIP Area

882

Density / Sq Mi

$122,327

Median Household Income

$67,836

Median Earnings

$1,686

Median Rent

$652,800

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this restaurants located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Renovated Victorian Mixed-Use Property

241 E Main, Mount Kisco, NY 10549

$999,999

0.40 Acres

View details

Neighborhood Retail Center with Parking

200 East Main Street, Mount Kisco, NY 10549

Contact for pricing

15,035 SF

View details

Mixed-Use Investment Property For Sale

221 E Main Street, Mount Kisco, NY 10549

$1,625,000

View details

Office Building with Leaseback

49 Smith Avenue, Mount Kisco, NY 10549

$975,000

0.30 Acres

View details

Three-Space Office Building

239 Lexington Avenue, Mount Kisco, NY 10549

$750,000

0.25 Acres

View details

Similar Off Market Nearby

• Market Cafe—Epicurean Group NY LLC — 100 S Bedford Rd # 130, Mt Kisco, NY 10549
• Menu Options — Home — 251 Main St, Mt Kisco, NY 10549
• Thomas Fox Catering
• Silver Spoon Catering — 200 Main St, Mt Kisco, NY 10549

Frequently Asked Questions

What type of property is this?

Restaurant - Three-story property with rooftop dining in Mount Kisco, NY.

Where is this restaurant located?

The property is located at 130 E Main St Mount Kisco, NY.

What is the asking price?

The asking price for this property is $3,200,000.

What are key features of this property?

This property features: Fully built‑out space with a **complete commercial kitchen, bar area, and multiple dining levels, including a rooftop dining space**, ideal for restaurant concepts.; High‑visibility location on East Main Street in Mount Kisco** with strong foot traffic.; Convenient municipal parking located directly behind the building.