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Port Chester Commercial Co-op Space

388 Westchester Ave 1E, Portchester, NY 10573

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For Sale

$130,000

Turnkey salon or adaptable commercial space in vibrant downtown.

Type:Commercial

Property size:

550 SF

Price / SF:

$236/SF

HighLights

Turnkey commercial space in a well‑maintained co‑op building, adaptable for various professional uses.
Includes existing salon equipment (four styling stations, two shampoo sinks, waiting area) ideal for a stylist or salon owner.
Updated unit with Brazilian oak flooring, kitchenette with laundry, and powder room.
Monthly maintenance of $994.59 includes heat, hot water, and property taxes.
Secure building with live‑in superintendent, tenant and visitor parking, and a seasonal in‑ground pool.
Potential to convert the space to residential use (subject to board approval).

We can help!

Listing Contact

Ann Marie Damashek

Learn more

For Sale

$130,000

Turnkey salon or adaptable commercial space in vibrant downtown.

Type:Commercial

Property size:

550 SF

Price / SF:

$236/SF

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 8:12 pm

Property Features for 388 Westchester Ave 1E

General Information

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

Building Details

Year Built: 1966

We can help!

Listing Contact

Ann Marie Damashek

Listing agent Ann Marie Damashek

Listing office

Listing date Apr 24, 2026

Source Elliman

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 Ann Marie Damashek

HighLights

Turnkey commercial space in a well‑maintained co‑op building, adaptable for various professional uses.
Includes existing salon equipment (four styling stations, two shampoo sinks, waiting area) ideal for a stylist or salon owner.
Updated unit with Brazilian oak flooring, kitchenette with laundry, and powder room.
Monthly maintenance of $994.59 includes heat, hot water, and property taxes.
Secure building with live‑in superintendent, tenant and visitor parking, and a seasonal in‑ground pool.
Potential to convert the space to residential use (subject to board approval).

Overview

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. The layout features four styling stations, two shampoo sinks, and a waiting area. Existing businesses in the building include a driving school, medical offices, dental practices, and tax preparation services. The updated unit features Brazilian oak flooring, a kitchenette with laundry, and a powder room. Buyers may also explore the potential to convert the space to residential use, subject to board approval. The monthly maintenance fee is $994.59 and includes heat, hot water, and property taxes. The secure building offers a live-in superintendent, tenant and visitor parking, and a seasonal in-ground pool. The property is conveniently located near shops, dining, and transportation in vibrant downtown Port Chester. The location has a walk score of 50, indicating it is car-dependent, a bike score of 34, indicating it is somewhat bikeable, and a transit score of 33, indicating some transit options are available.

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

Office B

$120.3K

$105.3K – $140.4K (±1% cap)

NOI $8,422 @ 7.0% cap · market cap 6.48%

Theoretical Best

—

same as Best Use

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

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

Location Insight

Map
Local Demand

City: Portchester
County: Westchester
State: New York
Longitude: -73.67275
Latitude: 41.004742

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For sale
Retail space
NY
Portchester
10573
388 Westchester Ave 1E

What type of property is this?

Retail space - Turnkey salon or adaptable commercial space in vibrant downtown.

Where is this retail space located?

The property is located at 388 Westchester Ave 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 commercial space in a well‑maintained co‑op building, adaptable for various professional uses.; Includes existing salon equipment (four styling stations, two shampoo sinks, waiting area) ideal for a stylist or salon owner.; Updated unit with Brazilian oak flooring, kitchenette with laundry, and powder room.