Flex Space with Drive-In
For Sale
Contact for pricing
Pending
145 South Main Street, Portchester, NY 10573
Commercial / Mixed-Use zoning accompanies high ceilings, drive-in access, and a flexible interior configuration.
Property Size21,240 SF
Days on Market180
Property Features for 145 South Main Street
General Information
Standard status
Pending
Size
21,240 SF
Total Parking Spaces
30
Property subtype
Retail
Zoning
Commercial / Mixed-Use
Investment Type
Owner/User
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Houlihan Lawrence
Listed By:
Mike Rackenberg · License #CT 10401251020
Source:
Crexi
Added: Apr 20
Changed: Oct 14
Last Checked: Oct 14 at 8:52PM
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
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Investment Insights
Based on property information with market context.
This flex space at 145 South Main Street offers 21,240 of property size within a flexible commercial configuration. High ceilings and drive-in access provide the principal physical features, while the layout can accommodate varied commercial arrangements without being tied to a single stated format. The property is designated Commercial / Mixed-Use.
Located in Port Chester, NY 10573, the asset combines a South Main Street address with an adaptable building profile. Its flex-space classification, interior flexibility, ceiling height, and drive-in access define the property’s most relevant operating characteristics.
Located in Port Chester, NY 10573, the asset combines a South Main Street address with an adaptable building profile. Its flex-space classification, interior flexibility, ceiling height, and drive-in access define the property’s most relevant operating characteristics.
Key Highlights
- 21,240 property size
- Commercial / Mixed‑Use zoning
- High‑ceiling interior configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$449,109
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,982,180
$9.0M
Cap Rate 7%
$6,415,843
$6.4M
Cap Rate 9%
$4,990,100
$5.0M
Market Conditions
NOI Build-Up for 21,240 SF
Gross rent
$739.2K $34.80/SF
− Vacancy
−$97.6K −$4.59/SF
EGI
$641.6K $30.21/SF
− OpEx
−$192.5K −$9.06/SF
NOI
$449.1K $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%
$8,982,180
Cap Rate 7%
$6,415,843
Cap Rate 9%
$4,990,100
Alternative Uses
Best Use
Retail
$6.42M
$5.61M – $7.49M
NOI $449,109 @ 7.0% cap · market cap 7.49%
Second Best
Flex RnD
$4.58M
$4.01M – $5.35M
NOI $320,741 @ 7.0% cap · market cap 5.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10573, NY
41,758
Population
14,592
Households
2.9
Avg Household Size
39
Median Age
44%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
7,592
Density / Sq Mi
$110,612
Median Household Income
$48,263
Median Earnings
$1,940
Median Rent
$649,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Hubbards Cupboard — 72 Grace Church St, Port Chester, NY 10573
- Matt Miller Events — 33 New Broad St, Port Chester, NY 10573
- cheesecakeblvd — 123 Westchester Ave, Port Chester, NY 10573
- M.N.M. Automotive service — 82 Exchange Pl, Port Chester, NY 10573
- Palomino Catering — 179 Rectory St #3125, Port Chester, NY 10573
Frequently Asked Questions
What type of property is this?
Flex space - Commercial / Mixed-Use zoning accompanies high ceilings, drive-in access, and a flexible interior configuration.
Where is this flex space located?
The property is located at 145 South Main Street Portchester, NY.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 21,240 property size; Commercial / Mixed‑Use zoning; High‑ceiling interior configuration
