Historic Mixed-Use
For Sale
$750,000
2 Hardscrabble Road Unit A, North Salem, NY 10560
Zoned PO with landscaped grounds, parking, and a layout suited to combined residential and professional office use.
Property Size2,789 SF
Price / SF$268.91
Days on Market65
Property Features for 2 Hardscrabble Road Unit A
General Information
Standard status
Active
Size
2,789 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$15,947
Amenities
landscaped grounds
Building Details
Building Size
2,789 SF
Year Built
1860
Buildings
1
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Nannette Fransen
(845) 279-6800
Source:
Visionalliancerealtors
Added: Aug 31
Changed: Nov 2
Last Checked: Nov 3 at 8:58AM
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 Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Constructed in 1860, this 2,789-square-foot mixed-use property combines historic character with a flexible interior arrangement. The building includes distinctive architectural details and copper gutters, while the landscaped grounds and expansive parking area support both residential occupancy and professional office use. A live-work configuration or office leasing arrangement may be considered, subject to zoning and applicable regulations.
The property is located at 2 Hardscrabble Road A in North Salem, NY, less than 2 minutes from Croton Falls train station and seconds from 684. PO zoning provides the framework for evaluating the property's permitted uses and operational possibilities.
The property is located at 2 Hardscrabble Road A in North Salem, NY, less than 2 minutes from Croton Falls train station and seconds from 684. PO zoning provides the framework for evaluating the property's permitted uses and operational possibilities.
Key Highlights
- 2,789‑square‑foot property constructed in 1860
- PO zoning supports evaluation of mixed‑use possibilities
- Located less than 2 minutes from Croton Falls train station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,709
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,180
$854.2K
Cap Rate 7%
$610,129
$610.1K
Cap Rate 9%
$474,544
$474.5K
Market Conditions
NOI Build-Up for 2,789 SF
Gross rent
$76.6K $27.48/SF
− Vacancy
−$19.7K −$7.06/SF
EGI
$56.9K $20.42/SF
− OpEx
−$14.2K −$5.10/SF
NOI
$42.7K $15.31/SF
Area
Westchester County, NY
Vacancy
25.70%
Lease Rate
$27.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,180
Cap Rate 7%
$610,129
Cap Rate 9%
$474,544
Alternative Uses
Best Use
Office B
$610.1K
$533.9K – $711.8K
NOI $42,709 @ 7.0% cap · market cap 5.69%
Second Best
Mixed Use
$577.5K
$505.3K – $673.7K
NOI $40,423 @ 7.0% cap · market cap 5.39%
Theoretical Best
Retail
$842.5K
$737.2K – $982.9K
NOI $58,972 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 10560, NY
4,854
Population
1,851
Households
2.6
Avg Household Size
48
Median Age
65%
College-Educated
98%
High-School Grad
20.9 sq mi
ZIP Area
232
Density / Sq Mi
$180,455
Median Household Income
$81,117
Median Earnings
$2,240
Median Rent
$656,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Zoned PO with landscaped grounds, parking, and a layout suited to combined residential and professional office use.
Where is this mixed-use property located?
The property is located at 2 Hardscrabble Road Unit A North Salem, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,789‑square‑foot property constructed in 1860; PO zoning supports evaluation of mixed‑use possibilities; Located less than 2 minutes from Croton Falls train station
