Property profile

2500 Boston Post Rd Larchmont, NY 10538

FOR SALE
Automotive properties
Property ID
US63-2759745
13,406 SF 0.97 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents two parcels totaling 1.16 acres on the highly sought-after Boston Post Road in Larchmont, New York. The main property, 2500 Boston Post Road, encompasses 0.97 acres and features a 13,406 square foot free-standing building currently operating as a Porsche dealership. This Class B building, renovated in 2010, boasts 26 customer parking spaces and additional storage for up to 50 vehicles. The property is zoned SB-R and benefits from an estimated 23,268 daily vehicle counts, ensuring high visibility and accessibility. The lease with Porsche is an Absolute NNN lease, expiring March 31, 2025. Across the street at 2523 Boston Post Road sits a 0.19-acre parcel, also SB-R zoned, currently leased as a used car dealership. Both properties offer significant potential for owner-users or future net-lease investments. The location provides convenient access to I-95, is within 20 miles of New York City, and is situated on a bus route. This portfolio presents a rare chance to acquire a well-established automotive retail presence in a prime Westchester County location. The property's strong tenant history, high traffic counts, and strategic location make it an attractive investment opportunity.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1960
Total area 13,406 SF
Lot 0.97 ac (42,253 SF)
APN 553289 5-3-123
UPID US63-2759745

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
  • Auto Repair Shop
  • Car Dealership

Location

2500 Boston Post Rd Larchmont, NY 10538
Larchmont metro Census 7000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.76M
Blend (final) Blend
$4.51M

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $7.1M +5.5%

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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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