Property profile

1326 Boston Post Rd Larchmont, NY 10538

OFF-MARKET
Neighborhood centers
83,923 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1326 Boston Post Road in Larchmont, New York, within the affluent Westchester County. Ferndale Shopping Center is a two-story strip center offering 83,923 square feet of retail space. Currently, there are two available spaces, with a minimum divisible space of 3,277 square feet and a maximum contiguous space of 4,753 square feet, totaling 8,030 square feet of vacant space. The property enjoys a high-traffic location on Boston Post Road (18,552 vehicles per day), a major thoroughfare connecting Larchmont to neighboring coastal communities. Larchmont itself is a highly desirable village with a median household income exceeding $200,000 and a median home value of $1,800,000. Its residents enjoy easy access to Manhattan via the Metro-North New Haven Line and I-95. The area boasts a limited supply of retail space, making this a unique opportunity to establish a presence in a thriving market alongside established retailers such as Trader Joe's, Equinox, Stop & Shop, Gap, and Petco. The property's strategic location and the affluent demographics of Larchmont present a compelling investment prospect for discerning businesses seeking a prime retail location in a high-demand market. The center's location on Boston Post Road provides excellent visibility and accessibility.

Property profile

Verified
Property type Neighborhood centers
Total area 83,923 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Bank Credit Union
  • Bank Credit Union

Location

1326 Boston Post Rd Larchmont, NY 10538
Larchmont metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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