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    Property profile & analytics

    157 Main St Ossining, NY 10562-4702

    • Investment properties
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Location Intelligence
    Property ID
    US63-2865614
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New Yummy China Wok / Chinese Restaurant
    • Westchester Dance Artists / Dance School / Performing Arts Group

    Property Details for 157 Main St

    Lot size
    0.08 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    554203 89.19-4-31
    APU
    5542038919431

    Description

    This exceptional 8,904-square-foot retail building at 157 Main St, Ossining, NY, presents a compelling investment opportunity. Situated on a 0.08-acre lot in the heart of Ossining, this turnkey property currently houses three established businesses: a restaurant, a dance school, and an upholsterer. The existing layout offers flexibility, allowing for continued operation of the current tenants or subdivision into multiple smaller office or retail spaces to suit a variety of needs. The building's strong tenant base provides immediate cash flow, making it an attractive investment for those seeking a stable return. Furthermore, the property's zoning permits residential conversion of the upper floors, opening up additional development possibilities for future expansion or increased rental income. This presents a unique chance to acquire a well-located, income-generating property with significant upside potential. The asking price is $1,649,000. This property is ideal for investors seeking a diversified portfolio or entrepreneurs looking for a prime location to establish or expand their business. The strategic location in Ossining ensures high visibility and accessibility, attracting a diverse customer base. Don't miss this chance to own a piece of Ossining's vibrant commercial landscape.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ossining
    County
    Westchester
    State
    New York
    Longitude
    -73.863
    Latitude
    41.1615
    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
    $0.00
    $222,000
    $447,000
    $669,000
    -
    $222,000
    $447,000
    $669,000

    Comparable in this City

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      26 Highland Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.20 Acres
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      0.29 Acres

      107 Main St, Unit 113

      OFFICE/RESIDENTIAL (MIXED USE) • 0.29 Acres
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      84 Croton Ave

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      0.15 Acres

      179 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.15 Acres
      179 Main St, Ossining, NY 10562
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    • Value Estimation
      $295,000
      0.09 Acres

      107 Spg St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.09 Acres
      107 Spg St, Ossining, NY 10562-4866
      View Details

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    157 Main St
    Ossining, NY 10562-4702
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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