Technical
Financial
Distress signals
Property profile

140 Midland Ave Portchester, NY 10573

FOR LEASE
Strip malls
Property ID
US63-3678419
19,129 SF 1.23 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail opportunity in Port Chester, New York, presents 6,971 square feet of vacant space within the Midland Plaza building at 140 Midland Avenue. Located in Westchester County, this property offers multiple spaces for lease, with a minimum divisible unit of 853 square feet and a maximum contiguous space of 3,370 square feet. The flexible layout allows for various retail configurations to suit diverse business needs. The building's street-level location on Midland Avenue ensures high visibility and accessibility for customers. This prime location in Port Chester offers excellent exposure to significant foot traffic and vehicular access, making it an ideal space for businesses seeking a strong presence in a thriving community. The property is classified as Street Retail and Commercial, providing a versatile environment for a range of retail operations. The address is 140 Midland Ave, Port Chester, NY 10573. This is a multi-tenant building, offering a vibrant and collaborative atmosphere. The total building size is 6,971 square feet, with the entire space currently available for lease. This presents a unique chance to establish a significant retail presence in a desirable location. Interested parties are encouraged to inquire for further details and leasing options.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1959
Total area 19,129 SF
Lot 1.23 ac (53,666 SF)
Zoning code M2 INDUST
APN 554801 142.53-1-4
UPID US63-3678419

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Carpet & Flooring Store
  • (Bike/Boat/Book/etc) Store
  • Hair Salon Nail Salon
  • Grocery & Convenience Store
  • Atm

Location

140 Midland Ave Portchester, NY 10573
Portchester metro Census 7800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.57M
CAP Approach CAP
$5.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.14M

Owner & transaction history

since 2023
Last sale
$5.0M
1 recorded transaction
2023
$5.0M

Zoning & alternative use

M2 INDUST · Port Chester, NY
Top alternative use upside
Auto repair, garage $3.2M +442.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message