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Property profile & analytics
OFF-MARKET Estimated value $520,000
Banks

860 Central Park Ave Scarsdale, NY 10583-2541

2,900 SF 0.45 ac lot Built 1982
Entity Owned 10-yr Hold Free & Clear
Property ID
US63-1064076
Property summary
AI-generated overview

This exceptional 2,900 square foot retail space is ideally situated at 860 Central Park Avenue in Scarsdale, New York, within Westchester County. The property offers a single-tenant occupancy opportunity, presenting a blank canvas for a wide range of retail businesses. The building's total square footage is 2,900 square feet, all of which is currently vacant, providing immediate occupancy for the new tenant. Ample parking is available with 16 designated spaces, ensuring convenient access for customers and employees. The property's prime location in Scarsdale offers excellent visibility and accessibility, situated amongst a vibrant mix of established businesses including HomeGoods, T.G.I. Friday's, AT&T Wireless, DXL Big + Tall, TD Bank, Mavis Discount Tire, Chipotle, Panera Bread, Pizza Hut, Amazing Savings, ShopRite, Joanne Fabrics, Starbucks, CVS Pharmacy, Cold Stone Creamery, Red Lobster, Planet Fitness, buy buy BABY, and Orange Theory Fitness. This high-traffic area guarantees significant foot traffic and exposure for your business. The property is classified as Commercial Retail and is categorized as a single-tenant space. The property's address is 860 Central Park Avenue, Scarsdale, NY 10583. This presents a rare opportunity to establish a thriving business in a highly desirable and well-established commercial area. The property is ready for immediate occupancy.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1982
Total area 2,900 SF
Lot 0.45 ac (19,602 SF)
Zoning code CA
APN 552689 8.530-362-3
UPID US63-1064076
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Formation Health - Scarsdale Rapid Testing Medical Clinic
  • +MEDRITE Urgent Care Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
$616k
Blend (final) Blend
$520k
Owner & transaction history
860 Central Park Avenue Realty · 10 yrs held
860 Central Park Avenue Realty
since 2016
3 recorded transactions
2017
Price N/A
2016
$1.2M
2006
$1.2M
Zoning & alternative use
CA · Scarsdale, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $480,000 +20.2%
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