Renovated Mixed-Use Office
For Sale
Contact for pricing
201 King Street, Chappaqua, NY 10514
An open-plan interior includes three work areas, a private bathroom, and separate access from King Street and the parking lot.
Property Size700 SF
Price / SF$4.14
Days on Market16
Property Features for 201 King Street
General Information
Standard status
Active
Size
700 SF
Property subtype
Mixed Use
Listing Agency:
Neil Charles Real Estate
Listed By:
Ann Stettner · License #10401201931
(917) 660-3266
Source:
Neilcharlesrealestate
Added: Oct 15
Changed: Oct 30
Last Checked: Oct 30 at 2:01AM
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 Neil Charles Real Estate
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Investment Insights
Based on property information with market context.
This 700 SF mixed-use property has a renovated, open-concept interior currently used as a fitness studio. The layout includes three work areas and a private bathroom, with two access points: one from King Street and another from the private parking lot. Natural light enters the space, and the open floor plan can accommodate varied arrangements of desks or meeting areas.
The property is on King Street, within walking distance of town, restaurants, coffee shops, retail shops, and the train station. A private parking lot serves the property.
The property is on King Street, within walking distance of town, restaurants, coffee shops, retail shops, and the train station. A private parking lot serves the property.
Key Highlights
- 700 SF renovated property with an open‑concept layout
- Three work areas and a private bathroom
- Separate access from King Street and the private parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,146
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,920
$202.9K
Cap Rate 7%
$144,943
$144.9K
Cap Rate 9%
$112,733
$112.7K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$21.0K $30.00/SF
− Vacancy
−$4.8K −$6.81/SF
EGI
$16.2K $23.19/SF
− OpEx
−$6.1K −$8.70/SF
NOI
$10.1K $14.49/SF
Area
Westchester County, NY
Vacancy
22.70%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,920
Cap Rate 7%
$144,943
Cap Rate 9%
$112,733
Alternative Uses
Best Use
Office B
$153.1K
$134.0K – $178.7K
NOI $10,719 @ 7.0% cap · market cap 369.62%
Second Best
Mixed Use
$144.9K
$126.8K – $169.1K
NOI $10,146 @ 7.0% cap · market cap 349.86%
Theoretical Best
Retail
$211.4K
$185.0K – $246.7K
NOI $14,801 @ 7.0% cap · market cap 510.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
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Business Placement
Demographics for 10514, NY
12,568
Population
4,205
Households
3
Avg Household Size
42
Median Age
83%
College-Educated
98%
High-School Grad
12.7 sq mi
ZIP Area
990
Density / Sq Mi
$250,001
Median Household Income
$119,662
Median Earnings
$2,758
Median Rent
$1,069,100
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An open-plan interior includes three work areas, a private bathroom, and separate access from King Street and the parking lot.
Where is this mixed-use property located?
The property is located at 201 King Street Chappaqua, NY.
What are key features of this property?
This property features: 700 SF renovated property with an open‑concept layout; Three work areas and a private bathroom; Separate access from King Street and the private parking lot
