Property profile

4360 Boston Post Rd Pelham Manor, NY 10803

OFF-MARKET
Retail properties & Spaces
6,500 SF 0.55 ac lot
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Property summary

AI-generated overview

This exceptional freestanding retail property, located at 4360 Boston Post Road (Route 1) in Pelham Manor, NY, offers a prime opportunity for businesses seeking high visibility and strong foot traffic. The 1,800 square foot space is part of a larger 6,500 square foot building situated on a 0.55-acre lot. The property boasts a single story and benefits from its location on a major thoroughfare, Boston Post Road (Route 1), with a daily traffic count of 22,471 vehicles. Additional access is provided via its proximity to Hutchinson Parkway. The building is currently multi-tenanted, with existing tenants including Verizon and Wing Stop. This location offers excellent synergy with a variety of established national retailers in close proximity, including ShopRite, Stop & Shop, BJ's Wholesale Club, TJ Maxx, Famous Footwear, Target, IHOP, Dunkin', Panera Bread, 24 Hour Fitness, HomeGoods, Party City, Petco, and Citibank. The rental rate is $55.00 per square foot, with common area maintenance and taxes totaling $17.00 per square foot. This property presents a compelling investment opportunity in a thriving Westchester County market. The property's address is 4360 Boston Post Road, Pelham Manor, NY 10803.

Property profile

Verified
Property type Retail properties & Spaces
Total area 6,500 SF
Lot 0.55 ac (23,958 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
  • Restaurant

Location

4360 Boston Post Rd Pelham Manor, NY 10803
Pelham Manor 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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