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Neighborhood Retail Center with Parking

200 East Main Street, Mount Kisco, NY 10549

For Sale
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Fully occupied retail center with a diversified tenant mix and convenient parking options along a primary business corridor.

Property Size15,035 SF
Price / SF$305.95
Days on Market157

Property Features for 200 East Main Street

General Information

Standard status Active
Size 15,035 SF
Total Parking Spaces 12
Property subtype Retail
Occupancy 100%
Net Operating Income $347,135

Building Details

Tenancy Multi
Listing Agency: Houlihan Lawrence
Listed By: Mike Rackenberg · License #CT 10401251020
Source: Crexi
Added: Jun 6 Changed: Nov 4 Last Checked: Nov 8 at 8:27AM

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

Rey
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Investment Insights

Based on property information with market context.

This for-sale retail center totals 15,035 square feet and is fully occupied by eight retail tenants. The property is positioned to support day-to-day neighborhood retail activity, with the current leasing structure including CAM reimbursements that help offset operating expenses. Tenant occupancy and diversified retail tenancy are built into the existing center configuration.

The center is located at 200 East Main Street in Mount Kisco, along one of the area’s primary commercial corridors. The property benefits from visibility to both vehicular traffic and pedestrians, along with convenient access to regional transportation infrastructure. Parking is supported by on-site options, a municipal parking lot directly behind the property, and additional street parking. The site is near the Mount Kisco Metro-North station and Northern Westchester Hospital, within a dense surrounding residential population.

For buyers seeking an income-oriented retail asset, this center offers an established, in-place operating model with eight tenants already in place and lease reimbursements for CAM. Its strong access and multi-source parking can be a practical fit for retailers that rely on local foot traffic and convenient customer arrival.

Key Highlights

  • 15,035 SF neighborhood retail center fully occupied with eight retail tenants.
  • Diversified tenant mix provides stable in‑place cash flow.
  • Leases include CAM reimbursements, helping offset operating expenses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$317,907
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,358,140 $6.4M
Cap Rate 7%
$4,541,529 $4.5M
Cap Rate 9%
$3,532,300 $3.5M
Market Conditions
NOI Build-Up for 15,035 SF
Gross rent
$523.2K $34.80/SF
− Vacancy
−$69.1K −$4.59/SF
EGI
$454.2K $30.21/SF
− OpEx
−$136.2K −$9.06/SF
NOI
$317.9K $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%
$6,358,140
Cap Rate 7%
$4,541,529
Cap Rate 9%
$3,532,300

Alternative Uses

Best Use
Retail
$4.54M
$3.97M – $5.30M (±1% cap)
NOI $317,907 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
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

Shopping centers

Suggested Use

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

1,012
Businesses Nearby
86k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Home Improvements & Furnishings 30% Dining 20% Apparel 7%
HomeGoods Home Improvements & Furnishings
26,007 visits/mo 0.4 miles
Starbucks Dining
10,960 visits/mo 0.4 miles
Chase Bank Shops & Services
8,745 visits/mo 0.4 miles
Bank of America Shops & Services
6,797 visits/mo 0.4 miles
Citibank Shops & Services
6,793 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Mount Kisco Commons — 195 N Bedford Rd, Mt Kisco, NY 10549

Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with a diversified tenant mix and convenient parking options along a primary business corridor.
Where is this shopping center located?
The property is located at 200 East Main Street Mount Kisco, NY.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: 15,035 SF neighborhood retail center fully occupied with eight retail tenants.; Diversified tenant mix provides stable in‑place cash flow.; Leases include CAM reimbursements, helping offset operating expenses.
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