43-Unit Mixed-Use
381 Broadway Dobbs Ferry, NY 10522
381 Broadway, Dobbs Ferry, NY, 10522
Contact for pricing
For Sale
Contact for pricing
Pending
Mixed-use building with 43 units, currently 100% leased, offered as an individual condo sellout opportunity.
Property Size42,535 SF
Days on Market138
Property Features for 381 Broadway
General Information
- Standard status
- Pending
- Size
- 42,535 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1927
Listing agency
Cushman & Wakefield - Stamford, Connecticut
(203) 326-5822
Listed by
Al Mirin · License #CT RES.0471141
Source
Crexi
Added: Mar 5 Updated: Jul 21 at 1:23AM Checked: Jul 21 at 6:57AM
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 Cushman & Wakefield - Stamford, Connecticut
Investment Insights
Based on property information with market context.
This mixed-use building features 43 residential units and is currently 100% leased. The offering is presented as an individual condo sellout opportunity, allowing a future owner to market units separately after acquisition.
The property is located at 381 Broadway in Dobbs Ferry, New York.
Additional specifics on building layout, retail components, and unit mix are not provided in the available information.
The property is located at 381 Broadway in Dobbs Ferry, New York.
Additional specifics on building layout, retail components, and unit mix are not provided in the available information.
Key Highlights
- Mixed‑use building built in 1927
- 43‑unit building
- Currently 100% leased
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.40M | $33.00 |
| − Vacancy | −$77.2k | −$1.82 |
| EGI | $1.33M | $31.19 |
| − OpEx | −$596.9k | −$14.03 |
| NOI | $729.5k | $17.15 |
42,535 SF · lease $33.00/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Retail
$12.85M
$11.24M – $14.99M
NOI $899,380 @ 7.0% cap · market cap 9.32%
Second Best
Apartment 5plus
$10.42M
$9.12M – $12.16M
NOI $729,550 @ 7.0% cap · market cap 7.56%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Gurell Gabriel DDS
Dental Office
Mackenzie Worldwide
Business Management Consultant
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Mixed-use building with 43 units, currently 100% leased, offered as an individual condo sellout opportunity.
Where is this apartment building located?
The property is located at 381 Broadway Dobbs Ferry, NY.
What is the asking price?
The asking price for this property is $9,650,000.
What are key features of this property?
This property features: Mixed‑use building built in 1927; 43‑unit building; Currently 100% leased
