860 Central Park AveScarsdale, NY 10583

Property Details for 860 Central Park Ave

Year built

1982

Lot size

0.45 AC

Property size (Sq ft)

2,900 SF

Zone code

CA

Property type

Retail properties

Property subtype

Banks

APN

552689 8.530-362-3

APU

55268985303623

Description

This exceptional 2,900 square foot retail space is ideally situated at 860 Central Park Avenue in Scarsdale, New York, within Westchester County. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a wide range of retail businesses. The building's total square footage is 2,900 square feet, all of which is currently vacant, providing immediate occupancy for the new tenant. Ample parking is available with 16 designated spaces, ensuring convenient access for customers and employees. The property's prime location in Scarsdale offers excellent visibility and accessibility, situated amongst a vibrant mix of established businesses including HomeGoods, T.G.I. Friday's, AT&T Wireless, DXL Big + Tall, TD Bank, Mavis Discount Tire, Chipotle, Panera Bread, Pizza Hut, Amazing Savings, ShopRite, Joanne Fabrics, Starbucks, CVS Pharmacy, Cold Stone Creamery, Red Lobster, Planet Fitness, buy buy BABY, and Orange Theory Fitness. This high-traffic area guarantees significant foot traffic and exposure for your business. The property is classified as Commercial Retail and is categorized as a single-tenant space. The property's address is 860 Central Park Avenue, Scarsdale, NY 10583. This presents a rare opportunity to establish a thriving business in a highly desirable and well-established commercial area. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $704,801

  6.5%

  $650,586

  7%

  $604,115

• Comparable approach

  Method

  Valuation

  Relative Method

  $954,863

  Geo Method

  $954,863

• Alternative Use

  Use

  Valuation

  Residential

  $548,793

  Hospitality

  $502,692

  Educational

  $418,234

  Medical

  $432,617

  Retail

  $650,586

Location Insight

City

Scarsdale

County

Westchester

State

New York

Latitude

40.9942

Longitude

-73.8192

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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