Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    25 Cedar St Dobbs Ferry, NY 10522

    Sponsored
    For Sale
    $1,399,000

    Four-unit apartment building, high potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a four-unit apartment building located at 25 Cedar Street in the heart of Dobbs Ferry Village, New York, 10522. Situated between Broadway and Main Street, this Class B property offers unparalleled convenience, with easy walking access to the train station and a vibrant array of local restaurants. The building itself is a three-story structure situated on a 9,148 square foot lot. Currently featuring four residential units, this property presents a compelling value-add opportunity. The units can be delivered vacant, providing immediate flexibility for the new owner. A significant upside potential exists with the possibility of creating a legally permitted fifth unit in the basement, substantially increasing the property's value and rental income. The building offers a strong 7.95% cap rate, making it an attractive investment for those seeking a solid return. This is a rare chance to acquire a well-located multifamily property in a desirable Westchester County location with significant potential for future growth and enhanced profitability. The asking price for this prime investment is $1,399,000.

    Property Features for 25 Cedar St

    General Information

    Property type
    Multifamily properties
    Class
    B

    Building Details

    Buildings
    1
    Stories
    3
    Units
    4

    HighLights

    • Desirable Dobbs Ferry Village location.
    • Walkable to Metro‑North train station and local restaurants.
    • Available vacant upon closing.
    • Potential for a fifth legal rental unit in the basement.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Cocoa Tree Chocolates Chocolate Artisan Anthony's Masonry Masonry Contractor

    Suggested Use

    Law Firm Realty agency 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
    Dobbs Ferry
    County
    Westchester
    State
    New York
    Longitude
    -73.8717463
    Latitude
    41.0152595

    Nearby Comparable

    • $3,100,000
      13,000 SF

      Historic Dobbs Ferry Theater

      Iconic Retail Space, 13,000 SF
      39 Cedar St, Dobbs Ferry, NY 10522
      View Details
    • $274,500

      Land for Sale

      Land available for purchase.
      Ashford Ave, Dobbs Ferry, NY 10522
      View Details
    • $50,000
      150 SF

      Lol's

      tore
      123 Main St, New York, NY 10001
      View Details
    • Contact for pricing

      Dobbs Ferry Mixed-Use Investment

      Prime Dobbs Ferry location, high rental income.
      91 Main St, Dobbs Ferry, NY 10522
      View Details
    • Contact for pricing

      Dobbs Ferry Mixed-Use Investment

      Restaurant, Apartments & Barn in Dobbs Ferry
      83 Main St, Dobbs Ferry, NY 10522
      View Details
    • $825,000

      Land For Sale

      Land available for sale.
      Sherman Ave, Dobbs Ferry, NY 10522
      View Details
    • $1,800,000
      Pending

      Renovated Colonial Multi-Family Home

      Top-of-the-line renovated 2-family home in Dobbs Ferry, NY.
      23 Seneca St, Dobbs Ferry, NY 10522
      View Details
    • $350,000

      Beacon Hill Estates Apartment

      Spacious 2-bedroom apartment in Dobbs Ferry with updated features.
      14 Mnr House Dr Dr, Dobbs Ferry, NY 10522
      View Details
    • $350,000

      Well-Maintained Co-op in Dobbs Ferry

      2-bedroom co-op with amenities near train, waterfront, and shops.
      101 Beacon Hill Dr, Dobbs Ferry, NY 10522
      View Details
    • $349,900

      Updated Co-op with Modern Amenities

      Updated two-bedroom co-op with pool, playground, and convenient location.
      17 Manor House Dr, Dobbs Ferry, NY 10522
      View Details
    • $749,000

      Commercial Building in Dobbs Ferry

      Vacant corner property with commercial space and residential units.
      200 Ashford Ave, Dobbs Ferry, NY 10522
      View Details

    Nearby Similar for Sale

    • $1,800,000
      Pending

      Renovated Colonial Multi-Family Home

      Top-of-the-line renovated 2-family home in Dobbs Ferry, NY.
      23 Seneca St, Dobbs Ferry, NY 10522
      View Details
    • $749,000

      Commercial Building in Dobbs Ferry

      Vacant corner property with commercial space and residential units.
      200 Ashford Ave, Dobbs Ferry, NY 10522
      View Details
    • $350,000

      Beacon Hill Estates Apartment

      Spacious 2-bedroom apartment in Dobbs Ferry with updated features.
      14 Mnr House Dr Dr, Dobbs Ferry, NY 10522
      View Details
    • $350,000

      Well-Maintained Co-op in Dobbs Ferry

      2-bedroom co-op with amenities near train, waterfront, and shops.
      101 Beacon Hill Dr, Dobbs Ferry, NY 10522
      View Details
    • $349,900

      Updated Co-op with Modern Amenities

      Updated two-bedroom co-op with pool, playground, and convenient location.
      17 Manor House Dr, Dobbs Ferry, NY 10522
      View Details
    • Contact for pricing

      Dobbs Ferry Mixed-Use Investment

      Restaurant, Apartments & Barn in Dobbs Ferry
      83 Main St, Dobbs Ferry, NY 10522
      View Details
    • Contact for pricing

      Dobbs Ferry Mixed-Use Investment

      Prime Dobbs Ferry location, high rental income.
      91 Main St, Dobbs Ferry, NY 10522
      View Details
    • $3,100,000
      13,000 SF

      Historic Dobbs Ferry Theater

      Iconic Retail Space, 13,000 SF
      39 Cedar St, Dobbs Ferry, NY 10522
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, high potential.
    Where is this multifamily property located?
    The property is located at 25 Cedar St Dobbs Ferry, NY.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: Desirable Dobbs Ferry Village location.; Walkable to Metro-North train station and local restaurants.; Available vacant upon closing.
    Request Owner's contact information
    25 Cedar St Dobbs Ferry, NY 10522
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    25 Cedar St
    Dobbs Ferry, NY 10522
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    25 Cedar St Dobbs Ferry, NY 10522
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.