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    509 Ny-22 North Salem, NY 10560

    • Retail properties
    • 4,800 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Isalis / Gift Shop / Boutique
    • Party City / Party Store / Balloon Store
    • Skunk Funk / Corporate Campus / Wholesaler
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 509 Ny-22

    Lot size
    1.40 lot acres
    Property size
    4,800 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Salem
    County
    Westchester
    State
    New York
    Longitude
    -73.6574
    Latitude
    41.3233

    Comparable in this City

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      3.86 Acres

      39 Sullivan Rd

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      10.00 Acres

      537 Rte 22

      MEDICAL CLINIC • 10.00 Acres
      537 Rte 22, North Salem, NY 10560
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      $335,000
      1,687 SF

      8 Deveau Rd

      MEDICAL CLINIC • 1,687 SF
      8 Deveau Rd, North Salem, NY 10560-2115
      View Details
    • Value Estimation by Request
      1.18 Acres

      2 Hardscrabble Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.18 Acres
      2 Hardscrabble Rd, North Salem, NY 10560-1014
      View Details
    • Value Estimation by Request
      1.88 Acres

      2 Keeler Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 1.88 Acres
      2 Keeler Ln, North Salem, NY 10560-2227
      View Details
    • Value Estimation by Request
      0.09 Acres

      519 Rte 22

      OFFICE/RESIDENTIAL (MIXED USE) • 0.09 Acres
      519 Rte 22, North Salem, NY 10560
      View Details
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    509 Ny-22
    North Salem, NY 10560
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    Realmo Value Estimation

    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.

    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.

    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
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