Mohegan Lake Retail/Office
For Sale
Contact for pricing
3244 E Main St, Mohegan Lake, NY 10547
Well-maintained 2700 SF building in high-traffic Mohegan Lake.
Property Size2,700 SF
Lot Size0.33 Acres
Price / SF$2.04
Days on Market285
Property Features for 3244 E Main St
General Information
Standard status
Active
Size
2,700 SF
Lot size
0.33 Acres
Taxes and HOA fees
Annual Taxes
$12,459
Listing Agency:
eRealty Advisors, Inc
Listed By:
James Doorhy · License #10301214013
(914) 712-6330
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 25 at 9:22AM
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 eRealty Advisors, Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This well-maintained, free-standing building offers approximately 2700 square feet of space and includes a full basement. Situated on a 14,566 square foot lot, the property is ADA accessible. Located in Mohegan Lake, Cortlandt Manor, NY, the property benefits from a high traffic count of 28,000 vehicles per day. Road signage is available for high visibility. Possible uses include offices and retail. The property is heated by oil above ground.
Key Highlights
- Outstanding location with high traffic count (28,000 vehicles per day).
- 2,700 sq ft free‑standing building suitable for offices or retail.
- Large 14,566 sq ft lot.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,346
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,920
$826.9K
Cap Rate 7%
$590,657
$590.7K
Cap Rate 9%
$459,400
$459.4K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$74.2K $27.48/SF
− Vacancy
−$19.1K −$7.06/SF
EGI
$55.1K $20.42/SF
− OpEx
−$13.8K −$5.10/SF
NOI
$41.3K $15.31/SF
Area
Westchester County, NY
Vacancy
25.70%
Lease Rate
$27.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$826,920
Cap Rate 7%
$590,657
Cap Rate 9%
$459,400
Alternative Uses
Best Use
Retail
$815.6K
$713.6K – $951.5K
NOI $57,090 @ 7.0% cap · market cap 1,038.00%
Second Best
Office B
$590.7K
$516.8K – $689.1K
NOI $41,346 @ 7.0% cap · market cap 751.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Explore this area
Business Placement
Demographics for 10547, NY
7,293
Population
2,956
Households
2.5
Avg Household Size
44
Median Age
52%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
1,488
Density / Sq Mi
$155,295
Median Household Income
$69,058
Median Earnings
$2,363
Median Rent
$479,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Westchester County, NY
Properties on Market for Retail space in Westchester County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Well-maintained 2700 SF building in high-traffic Mohegan Lake.
Where is this retail space located?
The property is located at 3244 E Main St Mohegan Lake, NY.
What are key features of this property?
This property features: Outstanding location with high traffic count (28,000 vehicles per day).; 2,700 sq ft free‑standing building suitable for offices or retail.; Large 14,566 sq ft lot.
