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Mixed-Use Property Near Metro-North
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21 Babbitt Rd, Bedford Hills, NY 10507

Three buildings combine retail space with multifamily apartments on one lot.

Property SizeContact for details
Days on Market144

Property Features for 21 Babbitt Rd

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 4

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Northgate Real Estate Group
Listed By: Greg Corbin · License #40CO1129253
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 3:19AM

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 Northgate Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property comprises three buildings on the same lot at 11, 15, 19, and 21 Babbitt Road and 25 Griffin Avenue. Retail space is located at 11, 19, and 21 Babbitt Road, while the multifamily component includes two 2BR/1BA units at 15 Babbitt Road and two 1BR/1BA units at 25 Griffin Avenue.

The properties sit across the street from the Bedford Hills Metro North Train Station, with service providing an approximately 30± minute ride to White Plains and a 70± minute ride to Grand Central Station. The site is 0.4± miles from Saw Mill River Parkway, 1.8± miles from I-648, and within driving distance of I-84, I-287, and I-95. Dining and retail destinations surround the property.

Key Highlights

  • Mixed‑use assemblage of 3 buildings on the same lot
  • Retail units at 11, 19, and 21 Babbitt Road
  • Multifamily units include 2- 2BR/1BA at 15 Babbitt Road and 2‑1BR/1BA at 25 Griffin Avenue

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Parking Lot & Garage Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby

Demographics for 10507, NY

6,521
Population
2,024
Households
3.2
Avg Household Size
39
Median Age
45%
College-Educated
79%
High-School Grad
7.4 sq mi
ZIP Area
881
Density / Sq Mi
$106,213
Median Household Income
$53,893
Median Earnings
$1,877
Median Rent
$628,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three buildings combine retail space with multifamily apartments on one lot.
Where is this mixed-use property located?
The property is located at 21 Babbitt Rd Bedford Hills, NY.
What are key features of this property?
This property features: Mixed‑use assemblage of 3 buildings on the same lot; Retail units at 11, 19, and 21 Babbitt Road; Multifamily units include 2- 2BR/1BA at 15 Babbitt Road and 2‑1BR/1BA at 25 Griffin Avenue
(917) 406-0406 Call to check price and availability
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