83 Main St, Dobbs Ferry, NY 10522-1696
This exceptional three-story mixed-use building at 83 Main Street, Dobbs Ferry, NY 10522 presents a unique investment opportunity. The property seamlessly blends commercial and residential spaces, offering significant income potential. The ground floor houses a well-established restaurant featuring a charming outdoor beer garden, ensuring a consistent revenue stream. Above the restaurant are six modern apartment units, suitable for long-term tenants or short-term rentals, providing additional income potential. Adding to the property's versatility is a newly renovated live/work barn at the rear, offering a unique studio/loft-style space ideal for commercial use or as a trendy residential unit. A separate one-bedroom cottage further enhances the property's rental income possibilities. Located in the vibrant heart of Dobbs Ferry, this property benefits from a thriving location and offers a blend of established income and significant upside potential. The property's diverse offerings cater to a wide range of tenants and uses, making it an attractive investment for both seasoned investors and owner-operators seeking a diversified portfolio. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Westchester County location. The combination of a successful restaurant, multiple apartments, and a versatile barn provides a compelling investment proposition with strong potential for future growth and appreciation.
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Doubleday's Restaurant & Bar Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.