57 Main St Tarrytown, NY 10591-3626
- Specialty properties
- 1,344 SF
- 0.11 lot acres
Current Use by Public Records
- Veterans Memorial Building Inc / Veterans Organization
Property Details for 57 Main St
- Lot size
- 0.11 lot acres
- Property size
- 1,344 SF
- Property type
- Specialty properties
- APN
- 552611 1.40-16-45
- APU
- 5526111401645
Description
This exceptional retail property, located at 57 Main Street in the vibrant village of Tarrytown, New York, presents a unique investment opportunity. The 4,200 square foot building sits on a 0.12-acre lot and is zoned RR (Restricted Retail), offering a wide range of potential uses. Priced at $1,200,000, this two-story building boasts a prominent Main Street location, ensuring high visibility and foot traffic. The property's history as the Veteran's Memorial Building adds to its character and potential appeal. With an asking price of $285.71 per square foot, this represents a strong value proposition in a desirable market. The building is immediately available for sale, and a potential lease is available at $8,500 per month on a NNN (Net, Net, Net) basis. Situated in Westchester County, with a zip code of 10591, this property offers unparalleled access to a thriving community and strong demographics. The restricted retail zoning provides flexibility for a variety of commercial ventures, making it an ideal investment for discerning buyers seeking a high-return property in a prime location. Don't miss this chance to own a piece of Tarrytown's rich history and vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $565,000
- 6.5%
- $525,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $465,000
- Geo Method
- $530,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $510,000
- Retail
- $450,000
- Mixed-Use
- $505,000
- Hospitality
- $520,000
- Educational
- $525,000
- Residential Income
- $545,000
- Energy
- $435,000
- Income-Based Land
- $580,000
- Food Service
- $545,000
Location Insight
- Map
- Local Demand
- City
- Tarrytown
- County
- Westchester
- State
- New York
- Longitude
- -73.8609
- Latitude
- 41.0771
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA