265 Us-202 Somers, NY 10589
This exceptional investment opportunity presents a fully occupied, three-tenant retail shopping center situated on approximately four acres in Somers, New York. The 100% occupied, stand-alone building features a diverse tenant mix including Taste Gourmet Deli & Catering, The Dry Cleaner, and the recently leased Rebel Yoga, occupying a 2,500 square foot space. The property boasts ample private parking accommodating up to 35 vehicles. The zoning designation is B-HP, permitting uses such as food establishments (excluding quick-service restaurants), office spaces, medical facilities, and fitness centers, with potential for other uses upon review. This strategically located property sits on Route 202 near Route 100, offering excellent visibility and accessibility. Its prime location is adjacent to the historic Elephant Hotel, a town center focal point, and within walking distance of Heritage Hills, a substantial residential community encompassing 2,600 condo units and a new 66-unit townhome development. A newly constructed DeCiccio's Market is also conveniently located nearby. The property includes additional developable land at the rear, presenting further expansion possibilities. Nearby towns include Heritage Hills, Lincolndale, and Croton Falls. This is a rare opportunity to acquire a high-performing retail center in a thriving and rapidly developing area of Westchester County.
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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
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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.