2500 Boston Post Rd Larchmont, NY 10538
- Automotive properties
- 13,406 SF
- 0.97 lot acres
Current Use by Public Records
- Porsche Larchmont Service Department / Auto Repair Shop
- Porsche Larchmont / Porsche Dealer / Car Dealer
Property Details for 2500 Boston Post Rd
- Year built
- 1960
- Lot size
- 0.97 lot acres
- Property size
- 13,406 SF
- Property type
- Automotive properties
- APN
- 553289 5-3-123
- APU
- 55328953123
Description
This exceptional investment opportunity presents two parcels totaling 1.16 acres on the highly sought-after Boston Post Road in Larchmont, New York. The main property, 2500 Boston Post Road, encompasses 0.97 acres and features a 13,406 square foot free-standing building currently operating as a Porsche dealership. This Class B building, renovated in 2010, boasts 26 customer parking spaces and additional storage for up to 50 vehicles. The property is zoned SB-R and benefits from an estimated 23,268 daily vehicle counts, ensuring high visibility and accessibility. The lease with Porsche is an Absolute NNN lease, expiring March 31, 2025. Across the street at 2523 Boston Post Road sits a 0.19-acre parcel, also SB-R zoned, currently leased as a used car dealership. Both properties offer significant potential for owner-users or future net-lease investments. The location provides convenient access to I-95, is within 20 miles of New York City, and is situated on a bus route. This portfolio presents a rare chance to acquire a well-established automotive retail presence in a prime Westchester County location. The property's strong tenant history, high traffic counts, and strategic location make it an attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Larchmont
- County
- Westchester
- State
- New York
- Longitude
- -73.7648
- Latitude
- 40.9213
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
