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    83 Main St Dobbs Ferry, NY 10522

    Sponsored
    For Sale
    Contact for pricing

    Restaurant, Apartments & Barn in Dobbs Ferry

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    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.

    Property Features for 83 Main St

    General Information

    Property type
    Restaurants

    HighLights

    • Prime Dobbs Ferry mixed‑use investment opportunity.
    • Well‑established restaurant with outdoor beer garden on the first floor.
    • Six apartments above the restaurant.
    • One‑bedroom cottage on the property.
    • Newly renovated live/work barn.
    Property Profile Location Intelligence

    Current Use by Public Records

    Doubleday's Restaurant & Bar Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    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
    -73.8759268
    Latitude
    41.0145138

    Nearby Comparable

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      Well-Maintained Co-op in Dobbs Ferry

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      Updated Co-op with Modern Amenities

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    • Contact for pricing

      Dobbs Ferry Mixed-Use Investment

      Prime Dobbs Ferry location, high rental income.
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      View Details
    • $3,100,000
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      Historic Dobbs Ferry Theater

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      39 Cedar St, Dobbs Ferry, NY 10522
      View Details

    FAQs

    What type of property is this?
    Restaurant - Restaurant, Apartments & Barn in Dobbs Ferry
    Where is this restaurant located?
    The property is located at 83 Main St Dobbs Ferry, NY.
    What are key features of this property?
    This property features: Prime Dobbs Ferry mixed-use investment opportunity.; Well-established restaurant with outdoor beer garden on the first floor.; Six apartments above the restaurant.
    Request Owner's contact information
    83 Main St Dobbs Ferry, NY 10522
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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
    83 Main St Dobbs Ferry, NY 10522
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