228 N Washington Street, Sleepy Hollow, NY 10591
Turnkey, renovated bi-level building in Sleepy Hollow's vibrant district.
- Added:
- Apr 13, 2026
- Days on Market:
- 51
- Last Refresh:
- Apr 14 at 7:07 am
Property Features for 228 N Washington Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agent THOMAS C. HENNESSY
Listing office HOULIHAN LAWRENCE INC. (914) 368-4500
Listing date Apr 13, 2026
Source Corcoran
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 INC.
HighLights
- Completely renovated, turnkey condition, ready for immediate occupancy or use.
- Versatile C2 zoning (Business Office and Commercial) in the vibrant Sleepy Hollow river town district.
- Approximately 5,000 sq ft with a flexible open floor plan.
- Extensive renovations since 2017, including new plumbing, electrical, ADA‑compliant bathrooms, and code‑compliant fire protection.
- Unique features include 12‑foot ceilings, exposed beams, and a small stage.
- Includes a full bar, commercial kitchen, and office space.
Overview
Local Financial Insights For Specialty Retail
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 | $120.0k | $24.00 |
| − Vacancy | −$5.4k | −$1.08 |
| EGI | $114.6k | $22.92 |
| − OpEx | −$28.7k | −$5.73 |
| NOI | $86.0k | $17.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sleepy Hollow
- County
- Westchester
- State
- New York
- Longitude
- -73.8604515
- Latitude
- 41.0843209