Property profile

41 Armonk Rd Mount Kisco, NY 10549

FOR LEASE
Gas stations
Property ID
US63-0058149
0.66 ac lot
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,590-square-foot free-standing retail building in Mount Kisco, NY, presents a unique investment opportunity. Located at 41 Armonk Road, this single-tenant property sits on a spacious 28,681-square-foot lot and boasts 21 surface parking spaces. Previously a gas station, the building features three large garage doors and a substantial front window, offering versatile layout options. The General Retail zoning allows for a wide range of uses, making it ideal for various businesses, including restaurants with ample outdoor seating potential. The property is undergoing significant improvements, including a new roof, HVAC system, electrical service, and gas service. Its convenient location off I-684, near Northern Westchester Hospital, and within close proximity to the crossroads of Mount Kisco, Chappaqua, and Armonk, ensures high visibility and accessibility. The area is home to a thriving retail community, with nearby establishments including Green's Natural Foods, Calico Corners, Dunkin' Donuts, and many more, creating a strong commercial environment. This property offers a rare combination of size, location, and potential, making it an attractive proposition for discerning investors and business owners. The Westchester County location and 10549 zip code further enhance its appeal.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Lot 0.66 ac (28,950 SF)
Zoning code CR
APN 555601 80.73-1-3
UPID US63-0058149

Cap rate & NOI

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

Location

41 Armonk Rd Mount Kisco, NY 10549
Mount Kisco metro Census 13000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2004
1 recorded transaction
2004
$525,000

Zoning & alternative use

CR · Mount Kisco, NY

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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