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    Property profile & analytics

    575 Main St Armonk, NY 10504-1891

    • Strip malls
    • 1.88 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US63-2400033
    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.

    Current Use by Public Records

    • Town Center Pharmacy / Pharmacy
    • Armonk Town Center / Shopping Mall
    • Eye Designs of Armonk / Optician / Eye Care Center
    • Rug & Carpet Cleaning Service North Castle / Carpet Cleaning Service
    • Bluestone Lane Armonk Café / Cafe / Coffee Shop

    Property Details for 575 Main St

    Lot size
    1.88 lot acres
    Zone code
    CB-A2
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    553800 108.01-1-34
    APU
    55380010801134

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $245,000
      7%
      $215,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $220,000
      Mixed-Use
      $230,000
      Hospitality
      $205,000
      Educational
      $220,000
      Residential Income
      $205,000
      Energy
      $190,000
      Income-Based Land
      $235,000
      Food Service
      $240,000

    Location Insight

    • Map
    • Local Demand
    City
    Armonk
    County
    Westchester
    State
    New York
    Longitude
    -73.7125
    Latitude
    41.1323
    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
    $19,400
    $130,600
    $150,000
    -
    $1,175,758
    $7,915,152
    $9,090,910

    Comparable in this City

    • Value Estimation
      $1,265,000
      0.90 Acres

      430 Bedford Rd

      MINI-MALL • 0.90 Acres
      430 Bedford Rd, Armonk, NY 10504-2002
      View Details
    • Value Estimation by Request
      0.27 Acres

      445 Main St

      SHOW ROOM, WAREHOUSE • 0.27 Acres
      445 Main St, Armonk, NY 10504-1811
      View Details
    • Value Estimation by Request
      1.03 Acres

      435 Main St

      FINANCIAL BUILDING • 1.03 Acres
      435 Main St, Armonk, NY 10504-1811
      View Details
    • Value Estimation
      $3,065,000
      4.14 Acres

      45 Bedford Rd

      SHOW ROOM, WAREHOUSE • 4.14 Acres
      45 Bedford Rd, Armonk, NY 10504-1863
      View Details
    • Value Estimation by Request
      0.56 Acres

      25 Bedford Banksville Rd

      AUTO REPAIR, GARAGE • 0.56 Acres
      25 Bedford Banksville Rd, Armonk, NY 10504
      View Details
    • Value Estimation by Request
      0.28 Acres

      401 Main St

      FINANCIAL BUILDING • 0.28 Acres
      401 Main St, Armonk, NY 10504-1808
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      1,950 SF

      Grocery-Anchored Mixed-Use Retail Space

      Mixed-use development in affluent New York suburb.
      402 Main St, Armonk, NY 10504
      View Details
    • $3,000 /Mo
      432 SF

      Adaptable Mixed-Use Space in Armonk

      Bright, adaptable space in central Armonk, perfect for office or retail.
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      Prime Armonk Retail/Office Space

      Office and retail space for lease in Armonk, NY.
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      450 SF

      Armonk Retail and Office Space

      Retail and office spaces available in Armonk, New York.
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    • $4,250 /Mo
      1,160 SF

      Retail Space for Rent

      Retail space with high traffic and parking in Armonk.
      450 Main St, Armonk, NY 10504
      View Details
    • Contact for pricing
      2,500 SF

      Renovated Office Space For Rent

      Recently renovated office space suitable for medical or professional use.
      1 Byram Brook Pl, Armonk, NY 10504
      View Details
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    575 Main St
    Armonk, NY 10504-1891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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