1395 Boston Post RdLarchmont, NY 10538

  • Mixed-use properties
  • 9,400 SF
For Lease

Property Details for 1395 Boston Post Rd

Year built
1960
Lot size
0.29 AC
Property size (Sq ft)
9,400 SF
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
553289 4-11-224
APU
553289411224

Description

This exceptional freestanding retail property, located at 1395 Boston Post Road in Larchmont, New York, offers 8,400 square feet of versatile space currently available for lease. The building is situated on a 0.31-acre lot in Westchester County and features two suites, each measuring 4,200 square feet. The entire 8,400 square feet is currently vacant, presenting a unique opportunity for a single tenant or the potential for two separate occupants. The property is classified as retail and is further categorized as a freestanding auto shop, suggesting adaptability for various retail uses. On-site dedicated parking is available for the convenience of tenants and customers. The minimum divisible space is 4,200 square feet, with a maximum contiguous space also at 4,200 square feet. This prime location in Larchmont, NY (zip code 10538) offers excellent visibility and accessibility, making it an ideal location for businesses seeking a high-traffic area. The property's size and layout provide ample space for a variety of retail concepts. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial retail space in a desirable Westchester County location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,554,101
    6.5%
    $1,434,555
    7%
    $1,332,086
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,228,204
    Geo Method
    $1,228,204
  • Alternative Use

    Use
    Valuation
    Residential
    $1,778,848
    Hospitality
    $1,629,415
    Educational
    $1,355,654
    Medical
    $1,402,277
    Retail
    $2,108,795
1395 Boston Post Rd, Larchmont, New York
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Location Insight

City
Larchmont
County
Westchester
State
New York
Latitude
40.9335
Longitude
-73.7481
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$850,000
$605,000
$1,455,000
-
$850,000
$605,000
$1,455,000

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