342 Lexington AveMount Kisco, NY 10549

  • Office properties
  • 0.36 AC
For Sale
$1,749,000 View listing

Property Details for 342 Lexington Ave

Lot size
0.36 AC
Zone code
CL
Property type
Office properties
Property subtype
Office buildings
APN
555601 80.48-5-3
APU
555601804853

Description

This exceptional 10,500-square-foot flex building in Mount Kisco, New York, presents a compelling investment opportunity. Located at 342 Lexington Avenue, this two-story property sits on a 0.36-acre lot and offers ample parking with 25 spaces. The building features two convenient loading docks, making it ideal for businesses requiring efficient loading and unloading capabilities. The interior boasts 10,500 square feet of flexible space, complemented by an additional 2,000 square feet of basement area. The property is zoned CL-1, providing versatility for a range of commercial uses. Priced at $1,749,000, this translates to a price per square foot of $185.71, representing a strong value proposition in the competitive Mount Kisco market. The property's strategic location in Westchester County, New York, offers easy access to major transportation routes and a thriving business community. This well-maintained building is ready for immediate occupancy and presents a rare opportunity to acquire a substantial flex space in a highly desirable location. The combination of ample parking, loading docks, and flexible zoning makes this property an attractive option for a variety of businesses seeking a functional and strategically located space. Don't miss this chance to own a prime commercial property in Mount Kisco.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,570,880
    6.5%
    $2,373,120
    7%
    $2,203,611
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,031,763
    Geo Method
    $2,031,763
  • Alternative Use

    Use
    Valuation
    Residential
    $2,942,668
    Hospitality
    $2,695,468
    Educational
    $2,242,598
    Medical
    $2,319,724
    Retail
    $3,488,486
342 Lexington Ave, Mount Kisco, New York
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Location Insight

City
Mount Kisco
County
Westchester
State
New York
Latitude
41.196
Longitude
-73.7335
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
-
$22,700
$230,100
$252,800
-
$317,039
$3,213,687
$3,530,726

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