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    Detached Corner Mixed-Use Property Title is generated by Realmo AI

    200 Ashford Avenue, Dobbs Ferry, NY 10522

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    For Sale
    $749,000

    COMMERCIAL - Dobbs Ferry, NY

    Property size:
    3,000 SF
    Price / SF:
    $249/SF
    Added:
    Apr 12, 2023
    Days on Market:
    1182
    Last Refresh:
    Jul 6 at 4:06 am

    Property Features for 200 Ashford Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

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    Mohammed Sayem

    Listing agent Mohammed Sayem

    Listing office CENTURY 21 DAWNS GOLD 646 TUCKAHOE RD, YONKERS, NY

    Listing date Apr 12, 2023

    MLS# 11167825

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vacant detached corner property with walk‑out basement and convenient access by Sawmill River Parkway
    • 3‑unit layout: two‑family with two 2‑bedroom units (one is a duplex) plus a large commercial space
    • Commercial space is approx. 1,200 SF and can be divided into two offices as per co.
    • Approx. 3,000 SF building area (does not include basement)
    • Large backyard with concrete 4‑car parking driveway and ample street parking all around
    • Property needs work

    Overview

    This detached corner property includes three units: two two-bedroom residential units and a larger commercial unit of about 1,200 square feet that the owner states can be divided into two offices per the company. The building is approximately 3,000 square feet, not including the walk-out basement. The property also features a large backyard and a concrete driveway with four parking spaces, along with ample street parking. The public remarks indicate the property needs work.

    The site is described as vacant and conveniently accessible by the Saw Mill River Parkway. The property is positioned as a corner location with street parking available around the area, which may support a variety of small-office or mixed-use tenant and buyer scenarios.

    For tenants, buyers, or owner-users, the configuration supports multiple income streams or flexible occupancy by combining two residential units with office-ready commercial space. The walk-out basement and spacious overall layout may also provide additional usable area, depending on intended redevelopment. The property’s stated need for work should be considered in budgeting and planning.

    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 $89.3k $29.76
    − Vacancy −$5.8k −$1.93
    EGI $83.5k $27.83
    − OpEx −$25.0k −$8.35
    NOI $58.4k $19.48
    3,000 SF · lease $29.76/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $834.8K
    $730.4K – $973.9K (±1% cap)
    NOI $58,434 @ 7.0% cap · market cap 7.80%
    Second Best
    Apartment 5plus
    $735.1K
    $643.2K – $857.6K (±1% cap)
    NOI $51,455 @ 7.0% cap · market cap 6.87%
    Theoretical Best
    Retail
    $906.2K
    $792.9K – $1.06M (±1% cap)
    NOI $63,433 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Nursing Home Nursing Home Storage Facility Department Store (Bike/Boat/Book/etc) Store Discount Store Car Rental Facility Coworking & Hybrid Office Bakery

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dobbs Ferry
    County
    Westchester
    State
    New York
    Longitude
    -73.859388
    Latitude
    41.013873

    FAQs

    What type of property is this?
    Duplex - Detached corner property with two residential units and a large commercial space, plus parking and a sizable backyard.
    Where is this duplex located?
    The property is located at 200 Ashford Avenue Dobbs Ferry, NY.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Vacant detached corner property with walk‑out basement and convenient access by Sawmill River Parkway; 3‑unit layout: two‑family with two 2‑bedroom units (one is a duplex) plus a large commercial space; Commercial space is approx. 1,200 SF and can be divided into two offices as per co.
    More about this property
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