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Port Chester Commercial Co-op Space

388 Westchester Avenue #1E Portchester, NY 10573

388 Westchester Avenue #1E, Portchester, NY, 10573

$130,000

For Sale

$130,000

Turnkey salon or adaptable commercial space in vibrant Port Chester.

Property Size550 SF

Price / SF$236.36

AddedApr 6

Days on Market101

Last RefreshJul 5 at 1:20 pm

Property Features for 388 Westchester Avenue #1E

General Information

Standard status: Active
Size: 550 SF
Property subtype: Commercial

Building Details

Year Built: 1966

Listing office COMPASS GREATER NY, LLC

Listing date Apr 6, 2026

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 COMPASS GREATER NY, LLC

Investment Insights

Based on property information with market context.

This commercial space is located in a well-maintained co-op building in the heart of Port Chester. Currently operating as a turnkey hair salon, the approximately 550-square-foot space can be adapted for a variety of professional or business uses. Existing businesses in the building include a driving school, medical offices, dental practices, and tax preparation services. The current salon layout features four styling stations, two shampoo sinks, and a waiting area. The updated unit includes Brazilian oak flooring, a kitchenette with laundry, and a powder room. Buyers may explore the potential to convert the space to residential use, subject to board approval. The secure building offers a live-in superintendent, tenant and visitor parking, and a seasonal in-ground pool. The monthly maintenance fee is $994.59 and includes heat, hot water, and property taxes. The property is conveniently located near shops, dining, and transportation in downtown Port Chester.

Key Highlights

Turnkey hair salon ready for immediate operation. Adaptable for other professional uses.
Prime location in the heart of Port Chester, near shops, dining, and transportation.
Low monthly maintenance of $994.59 includes heat, hot water, and property taxes.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$19.1k	$34.80
− Vacancy	−$2.5k	−$4.59
EGI	$16.6k	$30.21
− OpEx	−$5.0k	−$9.06
NOI	$11.6k	$21.14

550 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$166.1K

$145.4K – $193.8K (±1% cap)

NOI $11,629 @ 7.0% cap · market cap 8.95%

Second Best

—

no second resolved use

Theoretical Best

—

same as Best Use

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Joseph R. Kiefer, ... Physician Hair Fanatics Hair Salon Roanne Zuckerman High School Baby Say Cheese Medical Clinic 4 Wheels Driver ... Training Center

Suggested Use

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For sale
Retail space
NY
Portchester
10573
388 Westchester Avenue #1E

What type of property is this?

Retail space - Turnkey salon or adaptable commercial space in vibrant Port Chester.

Where is this retail space located?

The property is located at 388 Westchester Avenue #1E Portchester, NY.

What is the asking price?

The asking price for this property is $130,000.

What are key features of this property?

This property features: Turnkey hair salon ready for immediate operation. Adaptable for other professional uses.; Prime location in the heart of Port Chester, near shops, dining, and transportation.; Low monthly maintenance of $994.59 includes heat, hot water, and property taxes.