Freestanding Mixed-Use Retail
217 Main St Ossining, NY 10562
217 Main St, Ossining, NY, 10562
$1,195,000
For Sale
$1,195,000
Three-level, free-standing building with separate floor entrances, individual metering, and multiple bathrooms and walk-in kitchens.
Property Size6,000 SF
Price / SF$199.17
Days on Market112
Property Features for 217 Main St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office - General Office
Building Details
- Year Built
- 1875
Listing agency
Scalzo Commercial & New Development
(203) 790-7077
Listed by
Paul Scalzo Sr.
Source
Commercialcafe
Added: Apr 1 Updated: Jul 21 at 1:48AM Checked: Jul 21 at 3:32AM
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 Scalzo Commercial & New Development
Investment Insights
Based on property information with market context.
A freestanding retail and mixed-use building offering a flexible owner-occupant setup with independent floor use. The property is laid out with approximately 2,000 SF per floor across three levels, and each level features its own separate entrance. Each floor is individually metered and includes multiple bathrooms along with walk-in kitchens, supporting separate operations or leasing options.
Located at 217 Main St in Ossining, NY, the building sits on a high-visibility corner with strong street presence and accessibility. The property is in the VC zoning district, which allows for a range of retail, office, medical, and mixed-use applications.
With the option to occupy one or multiple floors while leasing the remaining level(s), the building’s configuration is designed to accommodate both single-user and multi-tenant utilization.
Located at 217 Main St in Ossining, NY, the building sits on a high-visibility corner with strong street presence and accessibility. The property is in the VC zoning district, which allows for a range of retail, office, medical, and mixed-use applications.
With the option to occupy one or multiple floors while leasing the remaining level(s), the building’s configuration is designed to accommodate both single-user and multi-tenant utilization.
Key Highlights
- 6,000 SF free‑standing retail/mixed‑use building on a high‑visibility corner in Ossining, NY
- Three levels with 2,000 SF per floor, and separate entrances for each floor
- Each floor is individually metered for flexible owner‑occupant use or leasing multiple levels
Local Financial Insights For Office B
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 | $164.9k | $27.48 |
| − Vacancy | −$42.4k | −$7.06 |
| EGI | $122.5k | $20.42 |
| − OpEx | −$30.6k | −$5.10 |
| NOI | $91.9k | $15.31 |
6,000 SF · lease $27.48/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Retail
$1.81M
$1.59M – $2.11M
NOI $126,867 @ 7.0% cap · market cap 10.62%
Second Best
Office B
$1.31M
$1.15M – $1.53M
NOI $91,879 @ 7.0% cap · market cap 7.69%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Midas Building
Insurance Agency
Los Dorados Party ...
Party Supply Store
Midas Financial Services
Insurance Agency
SHAROBELLA’S Closet
Discount Store
NUTRÍ PROTEIN TANIA’S
Pharmacy
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Three-level, free-standing building with separate floor entrances, individual metering, and multiple bathrooms and walk-in kitchens.
Where is this office units located?
The property is located at 217 Main St Ossining, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 6,000 SF free‑standing retail/mixed‑use building on a high‑visibility corner in Ossining, NY; Three levels with 2,000 SF per floor, and separate entrances for each floor; Each floor is individually metered for flexible owner‑occupant use or leasing multiple levels
