5-50 Westchester Ave Rye Brook, NY 10573
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.