Entitled Mixed-Use Development
New
For Sale
$1,195,000
99 Main Street, Dobbs Ferry, NY 10522
Approved plans provide for housing, ground-floor commercial space, and on-site parking in Dobbs Ferry’s downtown.
Property Size3,158 SF
Price / SF$378.40
Days on Market2
Property Features for 99 Main Street
General Information
Standard status
Active
Size
3,158 SF
Zoning
DB
Taxes and HOA fees
Annual Taxes
$20,589
Amenities
Full
Yes
Public
No
3158
Building Details
Building Size
3,158 SF
Listing Agency:
Bauman Realtors
(631) 613-8782
Listed By:
Geralda Desir
Source:
Goldcrestrealtygrp
Added: Oct 31
Last Checked: Oct 31 at 2:12PM
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 Bauman Realtors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 99 Main Street, the 3,158-square-foot site has approved plans for an approximately 6,600-square-foot mixed-use building. The proposed layout includes four residential units, two ground-floor commercial spaces, and two on-site parking spaces. Zoning is DB.
The property fronts Main Street in downtown Dobbs Ferry, with restaurants, shops, and neighborhood amenities nearby. Dobbs Ferry Metro-North station is approximately a six-minute walk away.
The property fronts Main Street in downtown Dobbs Ferry, with restaurants, shops, and neighborhood amenities nearby. Dobbs Ferry Metro-North station is approximately a six-minute walk away.
Key Highlights
- Approved plans for an approximately 6,600‑square‑foot mixed‑use building
- Four residential units and two ground‑floor commercial spaces
- Two on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,774
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,335,480
$1.3M
Cap Rate 7%
$953,914
$953.9K
Cap Rate 9%
$741,933
$741.9K
Market Conditions
NOI Build-Up for 3,158 SF
Gross rent
$109.9K $34.80/SF
− Vacancy
−$14.5K −$4.59/SF
EGI
$95.4K $30.21/SF
− OpEx
−$28.6K −$9.06/SF
NOI
$66.8K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,335,480
Cap Rate 7%
$953,914
Cap Rate 9%
$741,933
Alternative Uses
Best Use
Retail
$953.9K
$834.7K – $1.11M
NOI $66,774 @ 7.0% cap · market cap 5.59%
Second Best
Mixed Use
$653.9K
$572.1K – $762.9K
NOI $45,771 @ 7.0% cap · market cap 3.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
868
Businesses Nearby
42k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 62%
Shops & Services 35%
Home Improvements & Furnishings 3%
Stop & Shop
Groceries
25,852 visits/mo
0.3 miles
Mobil
Shops & Services
8,019 visits/mo
0.4 miles
Shell
Shops & Services
3,739 visits/mo
0.3 miles
Chase Bank
Shops & Services
3,027 visits/mo
0.4 miles
Reader True Value Hardware
Home Improvements & Furnishings
1,182 visits/mo
0.1 miles
Demographics for 10522, NY
11,587
Population
4,074
Households
2.8
Avg Household Size
42
Median Age
67%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
4,828
Density / Sq Mi
$167,927
Median Household Income
$74,988
Median Earnings
$2,346
Median Rent
$719,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Approved plans provide for housing, ground-floor commercial space, and on-site parking in Dobbs Ferry’s downtown.
Where is this mixed-use property located?
The property is located at 99 Main Street Dobbs Ferry, NY.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Approved plans for an approximately 6,600‑square‑foot mixed‑use building; Four residential units and two ground‑floor commercial spaces; Two on‑site parking spaces
