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 Market494
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
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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
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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**.
