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Versatile Westchester Commercial Building

595 WARBURTON AVE Hastings on Hudson, NY 10706

595 WARBURTON AVE, Hastings on Hudson, NY, 10706
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29,506 SF commercial building in Hastings-on-Hudson.

Property Size29,560 SF
Lot Size0.33 Acres
Price / SF$211.43
AddedMay 22
Days on Market55
Last RefreshJul 15 at 10:16 am

Property Features for 595 WARBURTON AVE

General Information

Standard status
Active
Size
29,560 SF
Lot size
0.33 Acres
Property subtype
Retail, Industrial, Mixed Use

Building Details

Year Built
1910

Listing office The Agency

Listing date May 22, 2026

Source Crexi

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 The Agency


Investment Insights

Based on property information with market context.

Located in the Rivertowns market of Westchester County, this commercial building at 595 Warburton Avenue offers approximately 29,506 square feet of space. Situated on about 10.33 acres across three tax parcels, the property has a strategic downtown location with frontage on Warburton Avenue and Maple Avenue. It provides accessibility, visibility, and proximity to the Hastings-on-Hudson Metro-North train station and the Hudson River waterfront. Currently configured as a retail and automotive facility, the semi-attached two-story masonry and steel structure includes a functional lower level with drive-out access. Originally built around 1910, the building is in average overall condition. It features multiple drive-in doors, including one oversized overhead door with approximately 14-foot clear height and additional 10-foot clear overhead doors. The layout includes retail frontage, office space, automotive service areas, storage, and a ramp system connecting multiple levels. The second floor is used for storage and vehicle-related operations, while the lower level provides repair and warehouse capability. The property also includes approximately 15 on-site parking spaces and a separately deeded parking lot across the street on Villard Avenue. The property is suitable for automotive operators, contractors, specialty trades, storage users, light industrial businesses, creative flex operators, breweries, fitness concepts, and experiential retail users. The Village of Hastings-on-Hudson has a population of approximately 8,590 residents with a median household income approaching $140,000. The surrounding area includes residential, retail, restaurant, office, and recreational uses. Nearby points of interest include the Hastings-on-Hudson Metro-North Station, MacEachron Waterfront Park, and the downtown Hastings retail and dining corridor.

Key Highlights

  • High income potential: Projected to generate over $531,000 in annual gross income with a stabilized net operating income of $415,000-$420,000.
  • Strategic location in the desirable Rivertowns market of Westchester County, with excellent accessibility, visibility, and proximity to the Hastings‑on‑Hudson Metro‑North train station.
  • Versatile building featuring multiple drive‑in doors, including one oversized 14‑foot clear height door, a unique ramp system, and flexible floorplans.

Local Financial Insights For Mixed Use

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 $993.2k $33.60
− Vacancy −$99.3k −$3.36
EGI $893.9k $30.24
− OpEx −$335.2k −$11.34
NOI $558.7k $18.90
29,560 SF · lease $33.60/SF/yr · vacancy 10.00% · expense 37.50%

Alternative Uses

Best Use
Retail
$8.25M
$7.22M – $9.62M (±1% cap)
NOI $577,307 @ 7.0% cap · market cap 9.24%
Second Best
Mixed Use
$7.98M
$6.98M – $9.31M (±1% cap)
NOI $558,684 @ 7.0% cap · market cap 8.94%
Theoretical Best
Multifamily LT 5
$10.22M
$8.94M – $11.92M (±1% cap)
NOI $715,283 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Enterprise Rent a Car Car Rental Facility Overseas Autobody Inc. Auto Repair Shop

Suggested Use

Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Barber Shop Building Supply Pharmacy HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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

FAQs

What type of property is this?
Mixed-use property - 29,506 SF commercial building in Hastings-on-Hudson.
Where is this mixed-use property located?
The property is located at 595 WARBURTON AVE Hastings on Hudson, NY.
What is the asking price?
The asking price for this property is $6,250,000.
What are key features of this property?
This property features: High income potential: Projected to generate over $531,000 in annual gross income with a stabilized net operating income of $415,000-$420,000.; Strategic location in the desirable Rivertowns market of Westchester County, with excellent accessibility, visibility, and proximity to the Hastings‑on‑Hudson Metro‑North train station.; Versatile building featuring multiple drive‑in doors, including one oversized 14‑foot clear height door, a unique ramp system, and flexible floorplans.
Contact an agent
(914) 262-2598 Call to check price and availability
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