Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    341-385 Halstead Ave Harrison, NY 10528

    • Retail properties
    • 26,193 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Harrison Shopping Square / Shopping Center & Mall

    Property Details for 341-385 Halstead Ave

    Property size
    26,193 SF
    Property type
    Retail properties

    Description

    This exceptional retail opportunity presents itself in the highly desirable Harrison Shopping Center, located at 341-385 Halstead Ave, Harrison, NY 10528, within Westchester County. The property boasts a total of 26,193 square feet across two suites, offering a unique blend of established tenancy and significant expansion potential. Currently, there is 13,418 square feet of vacant space available, divisible into units ranging from a minimum of 1,400 square feet to a maximum contiguous space of 12,018 square feet. This flexibility allows for a wide range of retail concepts, from smaller boutiques to larger flagship stores. The center enjoys a prime location, offering unparalleled convenience and accessibility. Its central position provides easy access for customers, and its proximity to the Harrison Metro North Train Station ensures high foot traffic and convenient commuting options for employees and shoppers alike. This presents a rare chance to establish or expand a business in a thriving community with excellent transportation links. The property's strategic location and flexible space options make it an ideal investment for discerning businesses seeking a strong foothold in the vibrant Westchester County market. The address is 341-385 Halstead Ave, Harrison, NY 10528.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Westchester
    State
    New York
    Longitude
    -73.7089
    Latitude
    40.9695

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      291 Halstead Ave

      Retail properties • 4,000 SF
      291 Halstead Ave, Harrison, NY 10528
      View Details
    • Value Estimation by Request
      2,724 SF

      470 Mamaroneck Ave

      NURSERY, GREENHOUSE, FLORIST • 2,724 SF
      470 Mamaroneck Ave, Harrison, NY 10528-1621
      View Details
    • Value Estimation by Request
      26,193 SF

      341-385 Halstead Ave

      Retail properties • 26,193 SF
      341-385 Halstead Ave, Harrison, NY 10528
      View Details
    • Value Estimation by Request
      0.11 Acres

      222 Harrison Ave

      SHOW ROOM, WAREHOUSE • 0.11 Acres
      222 Harrison Ave, Harrison, NY 10528-4302
      View Details
    • Value Estimation by Request
      1.86 Acres

      Kraft Ave

      PARKING LOT • 1.86 Acres
      Kraft Ave, Harrison, NY 10528
      View Details
    • Value Estimation by Request
      0.43 Acres

      389 Halstead Ave

      FINANCIAL BUILDING • 0.43 Acres
      389 Halstead Ave, Harrison, NY 10528-3808
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10,500 SF

      Harrison Multifamily Investment Opportunity

      16-Unit Apartment Building, Prime Location
      110 Halstead Ave, Harrison, NY 10528
      View Details
    • Contact for pricing

      Multi-Family Home Near Metro North

      Two 3-bedroom units near train, ideal for investors.
      115 Calvert St, Harrison, NY 10528
      View Details
    • $1,595,000

      Harrison Specialty Property For Sale

      Specialty property available for purchase in Harrison, New York.
      161 Adelphi Ave, Harrison, NY 10528
      View Details
    • $250,000

      Ground-Level Unit with Outdoor Space

      Charming 2-bedroom unit with modern kitchen and outdoor space.
      50 West St, Harrison, NY 10528
      View Details
    • $3,750,000

      Harrison Multifamily Investment Opportunity

      15-unit multifamily property in Harrison, NY, near train and downtown.
      26 Purdy St, Harrison, NY 10528
      View Details
    • $850,000
      Pending

      Harrison NY Duplex For Sale

      Charming duplex in the heart of Brentwood, Harrison. Walk to town.
      66 Batavia Pl, Harrison, NY 10528
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,200 SF

      New Retail Space Near Metro

      New retail space near Metro North Railroad station entrance.
      310 Halstead Ave, Harrison, NY 10528
      View Details
    • $7,500 /Mo

      Halstead Avenue Retail Space Available

      Commercial property for lease in high-traffic Harrison location.
      58 Halstead Ave, Harrison, NY 10528
      View Details
    • $7,500 /Mo

      Halstead Avenue Commercial Space Available

      Commercial property for lease in high-traffic Harrison location.
      58 Halstead Ave, Harrison, NY 10528
      View Details
    • Contact for pricing
      615 SF

      Retail Space in Harrison, NY

      Retail space available for lease in Harrison, New York.
      33-35 Calvert St, Harrison, NY 10528
      View Details
    • Contact for pricing
      1,266 SF

      Retail Space Near Train Station

      Centrally located retail space near Harrison Metro North Train Station.
      341-385 Halstead Ave, Harrison, NY 10528
      View Details
    • $1,000 /Mo

      Furnished Office Space in Harrison

      Elegantly furnished office space with amenities and convenient transportation access.
      500 Mamaroneck Ave, Harrison, NY 10528
      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.
    341-385 Halstead Ave
    Harrison, NY 10528
    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

    Google sign-in failed. Please try again or use another login method.