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Property profile & analytics
FOR LEASE
Strip malls

140 Midland Ave Portchester, NY 10573

19,129 SF 1.23 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-3678419
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carpet World of Westchester Carpet & Flooring Store
  • Midland 99¢ (Bike/Boat/Book/etc) Store
  • beauty salon & spa Albi's Hair Salon Nail Salon
  • Heritage Cards & Gifts Grocery & Convenience Store
  • ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.57M
CAP Approach CAP
$5.06M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.05M
Owner & transaction history
140 Midland Owner LLC · 2 yrs held
140 Midland Owner LLC
since 2023
Last sale
$5.0M
1 recorded transaction
2023
$5.0M
Zoning & alternative use
M2 INDUST · Port Chester, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.2M +442.5%
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More about this property
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