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38-42 Main Street Hastings on Hudson, NY 10706

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For Sale
$3,275,000

Two renovated mixed-use buildings with retail and free market apartments.

Added:
Jun 11, 2025
Days on Market:
300
Last Refresh:
Mar 16 at 9:09 am

Property Features for 38-42 Main Street

General Information

Standard status
Active

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Listing Contact
MICHAEL L. RACKENBERG

Listing agent MICHAEL L. RACKENBERG

Listing office HOULIHAN LAWRENCE COMMERCIAL

Listing date Jun 11, 2025

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 COMMERCIAL


Overview

Hastings-on-Hudson Mixed-Use Investment

Located in Hastings-on-Hudson, NY, 38 and 42 Main St comprise a two-building, mixed-use package. The properties feature three ground-floor storefronts and six free market apartments. Both buildings have been renovated with Class A finishes, new common areas, and a private backyard. The retail tenants have long-term leases with annual escalations, and are responsible for their own heat and electric. The cap rate is 6.02%. Proof of funds is required before touring the property. The properties can be sold together or separately. This presents an opportunity to invest in a sought-after market in Westchester County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Hastings on Hudson
County
Westchester
State
New York
Longitude
-73.8809
Latitude
40.9939

FAQs

What type of property is this?
Mixed-use property - Two renovated mixed-use buildings with retail and free market apartments.
Where is this mixed-use property located?
The property is located at 38-42 Main Street Hastings on Hudson, NY.
What is the asking price?
The asking price for this property is $3,275,000.
What are key features of this property?
This property features: Free Market apartments and storefronts offer significant income potential.; Package includes two renovated mixed‑use buildings with **Class A finishes**.; Located in the **highly desirable Hastings‑on‑Hudson, NY market**.
More about this property
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