83 Main St Dobbs Ferry, NY 10522
- Investment properties
- 0.20 lot acres
Current Use by Public Records
- Doubleday's Restaurant & Bar / Bar / Beer Garden
Property Details for 83 Main St
- Lot size
- 0.20 lot acres
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 552603 3.80-40-3
- APU
- 552603380403
Description
This exceptional three-story mixed-use building at 83 Main Street, Dobbs Ferry, NY 10522 presents a unique investment opportunity. The property seamlessly blends commercial and residential spaces, offering significant income potential. The ground floor houses a well-established restaurant featuring a charming outdoor beer garden, ensuring a consistent revenue stream. Above the restaurant are six modern apartment units, suitable for long-term tenants or short-term rentals, providing additional income potential. Adding to the property's versatility is a newly renovated live/work barn at the rear, offering a unique studio/loft-style space ideal for commercial use or as a trendy residential unit. A separate one-bedroom cottage further enhances the property's rental income possibilities. Located in the vibrant heart of Dobbs Ferry, this property benefits from a thriving location and offers a blend of established income and significant upside potential. The property's diverse offerings cater to a wide range of tenants and uses, making it an attractive investment for both seasoned investors and owner-operators seeking a diversified portfolio. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Westchester County location. The combination of a successful restaurant, multiple apartments, and a versatile barn provides a compelling investment proposition with strong potential for future growth and appreciation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dobbs Ferry
- County
- Westchester
- State
- New York
- Longitude
- -73.876
- Latitude
- 41.0146
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA