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Renovated Mixed-Use Restaurant Property
New
For Sale
$1,200,000

453-455 Piermont Avenue, Piermont, NY 10968

Fully occupied building combines restaurant space with three one-bedroom apartments.

Property SizeContact for details
Days on Market6

Property Features for 453-455 Piermont Avenue

General Information

Standard status Active
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 3 x 1BR
Multifamily Units 3

Additional Details

Floor Ground
Road Access Yes

Taxes and HOA fees

Annual Taxes $26,348

Amenities

Central air
Ductless Cooling
Hot Water Heating

Building Details

Year Built 1960
Year Renovated 2023
Buildings 1
Tenancy Multi
Abandoned No
Listing Agency: HOWARD HANNA RAND REALTY
Listed By: COLLEEN NEARY
Source: Corcoran
Added: Aug 7 Changed: Aug 11 Last Checked: Aug 11 at 8:55AM

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 HOWARD HANNA RAND REALTY

Investment Insights

Based on property information with market context.

Built in 1960, this mixed-use property combines a street-level restaurant with three one-bedroom apartments. The commercial portion was renovated in 2023 and is occupied by a restaurant, while two apartments are positioned above the retail space. A third apartment is located on the lower level alongside dedicated storage for the restaurant.

The property is in downtown Piermont, within the Village of Piermont and near the Hudson River waterfront. The surrounding area includes boutique shopping, art galleries, and other village attractions. All residential and commercial spaces are currently occupied, creating a consolidated mixed-use configuration with restaurant and apartment components.

Key Highlights

  • Mixed‑use building with a restaurant and three one‑bedroom apartments
  • Street‑level commercial space renovated in 2023
  • Two apartments located above the restaurant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Hair Salon Parking Lot & Garage Plumbing Service Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 10968, NY

2,435
Population
1,345
Households
1.8
Avg Household Size
50
Median Age
66%
College-Educated
96%
High-School Grad
0.6 sq mi
ZIP Area
4,058
Density / Sq Mi
$132,105
Median Household Income
$82,386
Median Earnings
$2,019
Median Rent
$615,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied building combines restaurant space with three one-bedroom apartments.
Where is this mixed-use property located?
The property is located at 453-455 Piermont Avenue Piermont, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Mixed‑use building with a restaurant and three one‑bedroom apartments; Street‑level commercial space renovated in 2023; Two apartments located above the restaurant
More about this property
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