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    540 Commerce St Thornwood, NY 10594
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    Property profile & analytics

    540 Commerce St Thornwood, NY 10594


    • Showrooms
    • 3,000 SF
    • 0.38 lot acres
    Commerce Street Retail/Office Space For Lease
    $535,000

    Commerce Street Retail/Office Space

    First floor retail/office space available for rent on Commerce Street.

    540 Commerce St, Thornwood, NY 10594
    View Listing
    Property ID
    US63-1650073
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Choice Kitchen & Bath Inc. / Hardware & Home Improvement / Kitchen & Bath Showroom
    • Lisi Contracting / Construction Company / General Contractor
    • Gold Lux / Hair Salon / Nail Salon
    • Hair Studio 540 / Hair Salon
    • Trinket & Treasure / Clothing & Fashion Store

    Property Details for 540 Commerce St

    Year built
    1999
    Lot size
    0.38 lot acres
    Property size
    3,000 SF
    Property type
    Showrooms
    APN
    553489 112.6-1-57
    APU
    5534891126157

    Description

    This exceptional retail/office opportunity is located at 540 Commerce Street in Thornwood, New York, 10594. The property is a Class B building constructed in 1990, featuring a total of 4,000 square feet across two stories. Currently, there is 600 square feet of immediately available space, perfect for a variety of businesses. The minimum divisible space is 600 square feet, making it ideal for a single tenant or potentially divisible for smaller users. The building boasts eight total suites, with a high 10-foot ceiling height. The zoning is classified as C, allowing for a range of commercial uses. This end-unit space is situated on busy Commerce Street, providing excellent visibility and accessibility for customers. The building is comprised of one building with multiple tenants, offering a vibrant and established commercial environment. This is a first-floor space, offering convenient street-level access. Don't miss this chance to secure a prominent location in a thriving Thornwood commercial district.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $725,000
      6.5%
      $670,000
      7%
      $620,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $616,000
      Market price range: $284k - $616k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Thornwood
    County
    Westchester
    State
    New York
    Longitude
    -73.7912
    Latitude
    41.114
    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
    $2,250
    $14,250
    $16,500
    -
    $199,115
    $1,261,062
    $1,460,177
    View Listing
    More about this property
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