Hastings-on-Hudson Mixed-Use
For Sale
$3,275,000
38-42 Main Street, Hastings on Hudson, NY 10706
Two renovated mixed-use buildings with retail and free market apartments.
Property SizeContact for details
Days on Market438
Property Features for 38-42 Main Street
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$44,948
Listing Agency:
HOULIHAN LAWRENCE COMMERCIAL
Listed By:
MICHAEL L. RACKENBERG
Source:
Corcoran
Added: Jun 11, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 10706, NY
9,339
Population
3,413
Households
2.7
Avg Household Size
45
Median Age
73%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
3,459
Density / Sq Mi
$177,031
Median Household Income
$99,545
Median Earnings
$1,999
Median Rent
$866,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
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**.
