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Net Leased Bank Ground Lease
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193 E Main St, Mount Kisco, NY 10549

TD Bank property is subject to a long-term ground lease through March 31, 2031, with extension options.

Property SizeContact for details
Days on Market123

Property Features for 193 E Main St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Marcus & Millichap
Listed By: Scott Sandelin · License #FL SL636794
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 9:42PM

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 Marcus & Millichap

Investment Insights

Based on property information with market context.

Marcus & Millichap presents an opportunity to acquire a TD Bank that is subject to a long-term ground lease. The property is comprised of two parcels at 193 East Main Street, Mount Kisco, with bank and parking parcels totaling 15,830 and 5,097 square feet, respectively. The net leased TD Bank has a primary lease term expiring on March 31, 2031, followed by three, five-year extension options.

The property is located 43 miles north of New York City in Mount Kisco, which serves as a destination for shopping, fine dining, entertainment, and medical care. TD Bank operates as one of the largest banks in the United States, with a broad range of retail, small business, and commercial banking products and services.

This offering presents a ground-leased bank asset with included parking via the separate parking parcel.

Key Highlights

  • TD Bank property subject to a long‑term ground lease through March 31, 2031
  • Lease includes three 5‑year extension options following the primary term
  • Two‑parcel property at 193 East Main Street, Mount Kisco, NY

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Hotel & Motel Pet Store

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

2,034
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 67% Shops & Services 25% Dining 5% Home Improvements & Furnishings 2%
T.J. Maxx Apparel
39,368 visits/mo 0.3 miles
BP Shops & Services
6,544 visits/mo 0.3 miles
Lacrosse Unlimited Apparel
5,506 visits/mo 0.3 miles
Shell Shops & Services
4,656 visits/mo 0.3 miles
Bareburger Dining
3,647 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
Rey
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Frequently Asked Questions

What type of property is this?
Bank - TD Bank property is subject to a long-term ground lease through March 31, 2031, with extension options.
Where is this bank located?
The property is located at 193 E Main St Mount Kisco, NY.
What are key features of this property?
This property features: TD Bank property subject to a long‑term ground lease through March 31, 2031; Lease includes three 5‑year extension options following the primary term; Two‑parcel property at 193 East Main Street, Mount Kisco, NY
(786) 522-7009 Call to check price and availability
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