Property profile

509 Ny-22 North Salem, NY 10560

OFF-MARKET
Retail properties & Spaces
4,800 SF 1.4 ac lot
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Property summary

AI-generated overview

This exceptional North Salem, NY investment opportunity encompasses two buildings on a 1.4-acre lot. The main structure is a 4,800 square foot office building, zoned PO - Professional Offices, perfect for medical or traditional office uses. It features modern amenities and ample parking. A second building offers two 1-bedroom residential units, providing additional income potential. Strategically located on NY-22 in Purdys, this property boasts high visibility and accessibility. The property also benefits from supplemental income generated by cell towers located on the premises. This mixed-use property presents a rare chance to acquire a substantial investment in a desirable Westchester County location. The asking price is $1,550,000. The property consists of two stories and offers flexible floor plans to accommodate diverse office needs. This is an excellent opportunity for investors seeking a blend of commercial and residential income streams in a prime location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,800 SF
Lot 1.4 ac (60,984 SF)

Cap rate & NOI

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

Location

509 Ny-22 North Salem, NY 10560
North Salem metro
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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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