55 Westchester AvePound Ridge, NY 10576

  • Retail properties
  • 7.71 AC
For Lease
$35/SF/YR View listing

Property Details for 55 Westchester Ave

Lot size
7.71 AC
Property type
Retail properties
Property subtype
Strip malls
APN
554600 9456-1.9
APU
554600945619

Description

This exceptional retail opportunity is located at 55 Westchester Ave, Pound Ridge, NY 10576, within the vibrant Pound Ridge Square shopping center in Westchester County. The space totals 2,317 square feet and is part of a larger 51,065 square foot multi-tenant building. Property taxes are $7.50 per square foot. The property boasts ample parking with 215 spaces available for customers and employees. This location benefits from high visibility and strong foot traffic, surrounded by a diverse mix of established businesses. Co-tenants include The Market, United States Postal Service, Ginnel Real Estate, ViVey Skincare, Design Solutions, The Athletic Movement, Pound Ridge Pharmacy, Veronika’s Aesthetics, and Bryan Brown Architects, among others. Nearby retailers further enhance the area's appeal, including Key Bank, Chubby’s Ace Hardware, Eva Scrivo Salon, Asia Hamachi Restaurant, DiNardo’s Ristorante Italiano, Blind Charlie’s Café, The Kitchen Table, Avantgarden, BreadNBakes, Pound Ridge Cosmetic Dentistry, and La Familia Pizza & Pasta. This prime retail space presents a unique opportunity to establish or expand your business in a thriving community. The property's strategic location and strong tenant mix offer significant potential for success. Contact us today to learn more about this exceptional retail space.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $81,622,792
    6.5%
    $75,344,112
    7%
    $69,962,392
  • Comparable approach

    Method
    Valuation
    Relative Method
    $110,582,384
    Geo Method
    $110,582,384
  • Alternative Use

    Use
    Valuation
    Residential
    $63,555,576
    Hospitality
    $58,216,568
    Educational
    $48,435,500
    Medical
    $50,101,272
    Retail
    $75,344,112
55 Westchester Ave, Pound Ridge, New York
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Location Insight

City
Pound Ridge
County
Westchester
State
New York
Latitude
41.1902
Longitude
-73.549
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
-
$300,000
$517,600
$817,600
-
$2,097,902
$3,619,580
$5,717,482

FAQs

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