Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4767-4787 Boston Post Rd Pelham Manor, NY 10803
    Property profile & analytics

    4767-4787 Boston Post Rd Pelham Manor, NY 10803

    View on Map
    • Lifestyle centers
    • 24,915 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • District Shops of Pelham Manor / Shopping Center & Mall

    Property Details for 4767-4787 Boston Post Rd

    Property size
    24,915 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity is located at 4767-4787 Boston Post Rd in the thriving Pelham Manor community of Westchester County, NY, zip code 10803. The District Shops of Pelham Manor is a well-situated shopping center offering a total of 24,915 square feet of retail space. Currently, there are four suites available, with a range of sizes to accommodate various business needs. Individual spaces start at a minimum of 1,165 square feet, and the maximum contiguous space available is 10,000 square feet. A significant portion of the center is currently vacant, totaling 16,355 square feet, presenting a unique chance for expansion or new tenancy. The property's strategic location at the Four Corners in Pelham Manor ensures high visibility and accessibility within a densely populated area. This makes it an ideal location for businesses seeking strong foot traffic and a vibrant customer base. The property's address is easily accessible and benefits from excellent visibility. This prime retail space in Westchester County offers a compelling investment opportunity for businesses looking to establish or expand their presence in a thriving market. The property is classified as a shopping center with multiple tenancy options. Serious inquiries are encouraged to explore this exceptional retail opportunity further.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pelham Manor
    County
    Westchester
    State
    New York
    Longitude
    -73.8044
    Latitude
    40.8971

    Comparable in this City

    • Value Estimation by Request
      24,915 SF

      4767-4787 Boston Post Rd

      Lifestyle centers • 24,915 SF
      4767-4787 Boston Post Rd, Pelham Manor, NY 10803
      View Details
    • Value Estimation
      $980,000
      22,951 SF

      4662 Boston Post Rd, Unit 4676

      SHOPPING CENTER, STRIP CENTER • 22,951 SF
      4662 Boston Post Rd, Pelham, NY 10803-3055
      View Details
    • Value Estimation by Request
      5,265 SF

      605 5th Ave

      SHOPPING CENTER, STRIP CENTER • 5,265 SF
      605 5th Ave, Pelham, NY 10803-3706
      View Details
    • Value Estimation by Request
      1,218 SF

      4408 Boston Post Rd

      SHOPPING CENTER, STRIP CENTER • 1,218 SF
      4408 Boston Post Rd, Pelham, NY 10803-2701
      View Details
    • Value Estimation
      $805,000
      20,724 SF

      4767 Boston Post Rd, Unit 4787

      SHOPPING CENTER, STRIP CENTER • 20,724 SF
      4767 Boston Post Rd, Pelham, NY 10803-3001
      View Details
    • Value Estimation by Request
      6,500 SF

      4360 Boston Post Rd

      Retail properties & Spaces • 6,500 SF
      4360 Boston Post Rd, Pelham Manor, NY 10803
      View Details

    Similar Nearby for Sale

    • $925,000
      1,915 SF

      Pelham Commercial Space For Sale

      Commercial space in Pelham with established tenant and development potential.
      504 5Th Ave, Pelham, NY 10803
      View Details
    • $949,000
      Pending

      Victorian Two-Family Home in Pelham

      Turn-of-the-century Victorian in Pelham's sought-after 'Pelville' neighborhood.
      46 First Ave, Pelham, NY 10803
      View Details
    • Contact for pricing
      26,636 SF

      Pelham Industrial Property for Sale

      26,636 SF industrial property in Pelham, NY.
      101 Secor Ln, Pelham, NY 10803
      View Details
    • $949,000
      0.16 Acres

      Pelham Two-Family Home on Corner

      Classic two-family home in Pelham, ideal for various uses.
      503 Second Ave, Pelham, NY 10803
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,141 SF

      Pelham Retail Space Available

      9,141 square foot retail space for rent in Pelham.
      5 Canal Rd, Pelham, NY 10803
      View Details
    • $4,500 /Mo

      Office and Automotive Space Available

      Versatile spaces with office, storage, and automotive capabilities.
      421 5Th Ave, Pelham, NY 10803
      View Details
    • Contact for pricing
      1,890 SF

      Pelham Manor Retail Space Available

      Retail space for rent in densely populated Pelham Manor.
      4767-4787 Boston Post Rd, Pelham, NY 10803
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4767-4787 Boston Post Rd
    Pelham Manor, NY 10803
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4767-4787 Boston Post Rd, Pelham Manor, NY, 10803
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!