2 Vly Pl, Larchmont, NY 10538
This exceptional commercial property, situated at 2 Valley Pl in Larchmont, NY 10538, presents a unique investment opportunity. Located on the border of New Rochelle, Larchmont, and Mamaroneck, this property benefits from high visibility and significant traffic volume on a busy thoroughfare. The property consists of a 2,600 square foot warehouse space, ideal for an auto repair shop or a variety of other uses. Two roll-up doors provide convenient access, and the space includes two installed vehicle lifts with room for two more. A 300 square foot office/waiting area adds functionality. Heating is provided by a Modine heater. The property also features a substantial 1,892 square foot outdoor lot, capable of accommodating at least fifteen vehicles. The 4,792 square foot total lot size offers ample space for operations and expansion. The property is zoned Service Business District (SB-R), allowing for a wide range of permitted uses, including offices, restaurants, ice cream parlors, and nurseries, making it a highly adaptable and valuable asset. This presents a compelling opportunity for owner-users or those seeking to capitalize on the area's strong residential density and high traffic counts. The asking price is $925,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SB · Larchmont, NYLarchmont. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.