Bank NNN Development
250 Boston Post Rd Portchester, NY 10573
For Sale
Contact for pricing
TD Bank operates under an NNN lease through August 31, 2029, and a site plan is approved for a 5-story multifamily project.
Lot Size1.46 Acres
Days on Market16
Property Features for 250 Boston Post Rd
General Information
Standard status
Active
Lot size
1.46 Acres
Property subtype
LAND
Listing Agency:
RIPCO Real Estate - Queens
(516) 647-7155
Listed By:
Stephen R. Preuss · License #10401284640
(516) 647-7155
Source:
Moodyscre
Added: Jul 14
Changed: Jul 26
Last Checked: Jul 28 at 12:46PM
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 RIPCO Real Estate - Queens
Investment Insights
Based on property information with market context.
This bank NNN development site includes an approved plan for a 5-story multifamily project totaling 171,070 GSF with 120 residential units and 150 below-grade structured parking spaces. The site plan approval was granted April 2026 and expires April 27, 2029.
TD Bank (S&P: A+) occupies the site under a NNN lease generating $385,000 per year through August 31, 2029. The property is zoned CD-4MU under Port Chester’s “Plan The Port” initiative, which supports transit-oriented mixed-use development.
The site is steps from the Port Chester Metro-North station on the New Haven Line, providing approximately 40-minute service to Grand Central Terminal with direct connectivity to Midtown Manhattan.
TD Bank (S&P: A+) occupies the site under a NNN lease generating $385,000 per year through August 31, 2029. The property is zoned CD-4MU under Port Chester’s “Plan The Port” initiative, which supports transit-oriented mixed-use development.
The site is steps from the Port Chester Metro-North station on the New Haven Line, providing approximately 40-minute service to Grand Central Terminal with direct connectivity to Midtown Manhattan.
Key Highlights
- Approved site plan for a 5‑story multifamily development totaling 171,070 GSF with 120 residential units
- 150 below‑grade structured parking spaces included in the approved multifamily plan
- NNN income stream: TD Bank lease pays $385,000/year ($32,083/month) through August 31, 2029
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - TD Bank operates under an NNN lease through August 31, 2029, and a site plan is approved for a 5-story multifamily project.
Where is this commercial land located?
The property is located at 250 Boston Post Rd Portchester, NY.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: Approved site plan for a 5‑story multifamily development totaling 171,070 GSF with 120 residential units; 150 below‑grade structured parking spaces included in the approved multifamily plan; NNN income stream: TD Bank lease pays $385,000/year ($32,083/month) through August 31, 2029
