823 Post Rd Scarsdale, NY 10583
This exceptional commercial property, located at 823 Post Road in Scarsdale, New York, presents a compelling investment opportunity boasting an over 8% capitalization rate. Situated on a high-traffic corner, at the intersection of White Plains Road and Brook Street, this building benefits from excellent visibility and accessibility, just off the Bronx River Parkway. The property's strategic location within a densely populated residential area ensures a substantial customer base. The surrounding neighborhood comprises over 40,000 residents with an average household income exceeding $310,000, providing a strong foundation for sustained business activity. The flexible floor plan allows for diverse uses, including retail and office spaces, catering to a wide range of potential tenants. Ample parking is available for customer convenience. This is a rare chance to acquire a high-performing commercial asset in a highly desirable and affluent area. The building's strong performance and prime location make it an ideal investment for discerning buyers seeking significant returns. While the square footage and lot size are not currently specified, the property's financial performance and location speak for themselves. This is a truly exceptional opportunity not to be missed. *Information Believed Accurate But Not Warranted*
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.