Mixed-Use Property with
New
For Sale
$1,099,000
50 Garth Rd, Scarsdale, NY 10583
A ground-level retail space is combined with a two-bedroom apartment above.
Property Size2,400 SF
Days on Market1
Property Features for 50 Garth Rd
General Information
Standard status
Active
Size
2,400 SF
Total Parking Spaces
2
Property subtype
Commercial
Additional Details
Gross Income
$70,800
Mixed-Use Components
retail, residential
Multifamily Units
1
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,079,179
Amenities
full basement for valuable storage space
Building Details
Building Size
2,400 SF
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Sophia Realty Services Inc
Listed By:
Mauro Coletti
(914) 400-8941
Source:
Elliman
Added: Nov 1
Last Checked: Nov 1 at 3:03PM
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 Sophia Realty Services Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 50 Garth Rd in Scarsdale, this mixed-use property pairs a street-level commercial storefront with a two-bedroom apartment on the second floor. The retail space is occupied by a jewelry store. A full basement provides storage, and the property includes two private parking spaces.
Key Highlights
- Ground‑floor storefront occupied by a jewelry store
- Second‑floor apartment with two bedrooms
- Full basement for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,747
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,940
$1.0M
Cap Rate 7%
$724,957
$725.0K
Cap Rate 9%
$563,856
$563.9K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$83.5K $34.80/SF
− Vacancy
−$11.0K −$4.59/SF
EGI
$72.5K $30.21/SF
− OpEx
−$21.7K −$9.06/SF
NOI
$50.7K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,014,940
Cap Rate 7%
$724,957
Cap Rate 9%
$563,856
Alternative Uses
Best Use
Retail
$725.0K
$634.3K – $845.8K
NOI $50,747 @ 7.0% cap · market cap 4.62%
Second Best
Mixed Use
$496.9K
$434.8K – $579.8K
NOI $34,785 @ 7.0% cap · market cap 3.17%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
67k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Shops & Services 40%
Beauty & Spa 1%
Starbucks
Dining
21,306 visits/mo
0.3 miles
Dunkin' Donuts
Dining
17,453 visits/mo
0.2 miles
7-Eleven
Shops & Services
10,959 visits/mo
0.1 miles
Chase Bank
Shops & Services
6,600 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,974 visits/mo
0.3 miles
Demographics for 10583, NY
41,589
Population
14,914
Households
2.8
Avg Household Size
43
Median Age
81%
College-Educated
98%
High-School Grad
12.4 sq mi
ZIP Area
3,354
Density / Sq Mi
$250,001
Median Household Income
$118,226
Median Earnings
$2,476
Median Rent
$1,131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-level retail space is combined with a two-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 50 Garth Rd Scarsdale, NY.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Ground‑floor storefront occupied by a jewelry store; Second‑floor apartment with two bedrooms; Full basement for storage
