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Mixed-Use Building with Restaurant Improvements
For Sale
Contact for pricing
Pending

718 Central Park Avenue, Scarsdale, NY 10583

Two-story commercial property with elevator access, full basement, private parking, and flexible zoning for multiple uses.

Property SizeContact for details
Days on Market142

Property Features for 718 Central Park Avenue

General Information

Standard status Pending
Property subtype Hospitality, Mixed Use, Office, Retail
Listing Agency: RMD Realty Associates
Listed By: Robert Dalton · License #NY, Fl, CT
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:42PM

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 RMD Realty Associates

Investment Insights

Based on property information with market context.

This two-story mixed-use property includes approximately 10,000 square feet on 1.15 acres, with an elevator, full basement, private parking lot, and large pylon sign. Building systems include new roofing, windows, plumbing, gas, water and sewer connections, an 800 AMP electric service, a 39KW solar array with 108 panels, and multi-zone HVAC systems. Restaurant improvements include a fully equipped kitchen, multiple walk-in boxes, freezers, a bar, full liquor license, and seating for 233-plus guests.

The property fronts Central Park Avenue with over 125 feet of frontage and a reported traffic count exceeding 50,000 cars per day. Flexible zoning is identified for restaurant, mixed-use development, and retail applications, supporting a range of commercial configurations.

Key Highlights

  • 10,000 square feet on 1.15 acres
  • Over 125’ Linear Feet of frontage on Central Park Avenue
  • Traffic count over 50,000 Cars per Day

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Plumbing Service Veterinary Clinic Storage Facility

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

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Home Improvements & Furnishings 36% Dining 14% Apparel 6%
HomeGoods Home Improvements & Furnishings
36,246 visits/mo 0.4 miles
Burger King Dining
13,138 visits/mo 0.3 miles
Chase Bank Shops & Services
8,025 visits/mo 0.1 miles
Speedway Shops & Services
7,604 visits/mo 0.3 miles
TD Bank Shops & Services
6,089 visits/mo 0.4 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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial property with elevator access, full basement, private parking, and flexible zoning for multiple uses.
Where is this mixed-use property located?
The property is located at 718 Central Park Avenue Scarsdale, NY.
What are key features of this property?
This property features: 10,000 square feet on 1.15 acres; Over 125’ Linear Feet of frontage on Central Park Avenue; Traffic count over 50,000 Cars per Day
More about this property
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