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    595 WARBURTON AVE, Hastings on Hudson, NY 10706

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    29,506 SF commercial building in Hastings-on-Hudson.

    Type:Retail, Industrial, Mixed Use
    Property size:
    29,560 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $211/SF
    Added:
    May 22, 2026
    Days on Market:
    9
    Last Refresh:
    May 27 at 8:20 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

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    Listing Contact
    Bryan Lanza
    Bryan Lanza

    Listing agent Bryan Lanza License #NY 10401287317

    Listing office Christie's International Real Estate

    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 Christie's International Real Estate

    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.
    • Strong owner‑user appeal: Ideal for automotive operators, contractors, specialty trades, or creative flex operators seeking a visible location in an affluent market.
    • Immediate usability and income generation with minimal capital expenditure.
    • Long‑term redevelopment potential: Offers future mixed‑use conversion possibilities.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Hastings on Hudson
    County
    Westchester
    State
    New York
    Longitude
    -73.8822915
    Latitude
    40.9966247

    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.
    (914) 262-2598 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bryan Lanza
    Bryan Lanza
    Real Estate License ID: NY 10401287317
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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