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    5-50 Westchester Ave Rye Brook, NY 10573

    For Lease
    Contact for pricing

    Prime Retail, Multiple Spaces Available

    Lot size:
    378,619 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Waterfront at Port Chester, located at 5-50 Westchester Ave, Port Chester, NY 10573, offers exceptional retail opportunities in a vibrant, newly revitalized downtown area. This multi-tenant strip center boasts a total of 378,619 square feet, with 42,369 square feet currently vacant. Spaces range from a minimum of 5,369 square feet to a maximum contiguous space of 37,000 square feet, providing flexibility for various retail concepts. The property sits on a 20-acre lot and includes ample parking with 2,246 spaces. Its strategic location directly adjacent to the Metro North train station offers convenient access to Manhattan within 40 minutes, ensuring high foot traffic and accessibility. Furthermore, the property benefits from high visibility due to billboard signage visible from I-95, and proximity to the newly renovated Capitol Theater, which draws significant foot traffic. The surrounding area features a diverse selection of eclectic restaurants, contributing to the overall vibrancy of the location. Westchester County location provides access to a strong consumer base. This is a rare opportunity to secure prime retail space in a thriving, easily accessible location.

    Property Features for 5-50 Westchester Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    378,619 SF

    Unit(s) available at that property

    Space
    2nd Generation Restaurnat
    Size
    5,369 SF
    Space
    Former Bed Bath & Beyond
    Size
    37,000 SF
    Space
    Crunch Fitness
    Size
    23,000 SF

    HighLights

    • Two suites available for lease.
    • 5,369 to 37,000 square feet of space available.
    • Excellent location within a vibrant shopping, dining, and entertainment district.
    • Convenient proximity to Metro‑North Railroad.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rye Brook
    County
    Westchester
    State
    New York
    Longitude
    -73.661065
    Latitude
    40.9996545

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail, Multiple Spaces Available
    Where is this neighborhood center located?
    The property is located at 5-50 Westchester Ave Rye Brook, NY.
    What are key features of this property?
    This property features: Two suites available for lease.; 5,369 to 37,000 square feet of space available.; Excellent location within a vibrant shopping, dining, and entertainment district.
    Request Owner's contact information
    5-50 Westchester Ave Rye Brook, NY 10573
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    Rye Brook, NY 10573
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    5-50 Westchester Ave Rye Brook, NY 10573
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