Residential Income

South Salem, NY Residential Income Properties for Sale

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Pound Ridge, NY Ridgefield, CT New Canaan, CT
Restaurant Property with Residential Apartment
Updated: Jun 23
Restaurant Property with Residential Apartment

355 Smith Ridge Road, South Salem, NY 10590

$2,499,000
1.96 AC lot
Entirely rebuilt LaVista Restaurant building completed in 2026 (frame construction) and listed as under construction
State‑of‑the‑art new kitchen with modern appliances and a powerful hood system
Dining space designed to accommodate 100+ guests, plus a newly designed wine bar and a private VIP/party room
Two‑acre property with an outdoor dining patio and ample on‑site parking for over 100 vehicles
Includes a two‑bedroom residential apartment upstairs for an owner‑operator or additional income
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in South Salem, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Duplex Compound with Detached Residence
Duplex Compound with Detached Residence

159A Barry Avenue, Ridgefield, CT 6877

$1,060,000
2,079 sqft

Two separate homes on one property, offering flexible living arrangements and a fenced patio for outdoor use.

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Antique Colonial Duplex Compound
Antique Colonial Duplex Compound

159 Barry Ave, Ridgefield, CT 6877

$1,060,000

Two separate homes on one Ridgefield lot offer flexible living or rental options with level outdoor space and a fenced patio.

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Duplex Near Town Center
Duplex Near Town Center

55 New Norwalk Road, New Canaan, CT 6840

$1,200,000
1,900 sqft

Residential income property with garages and patios near town.

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New Canaan Multifamily Opportunity
New Canaan Multifamily Opportunity

15 Burtis Ave East Plaza 203, New Canaan, CT 06840

$2,395,000

Multifamily property in New Canaan, CT, for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Level Lot with Water Views
Level Lot with Water Views

469L N Wilton Road, New Canaan, CT 06840

$1,625,000
5.56 AC lot

5.56 acre lot with water views in New Canaan.

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Picturesque Land in Southern Ridgefield
Picturesque Land in Southern Ridgefield

Cattle Pen Lane lot: 6, Ridgefield, CT 06877

$599,000
2.00 AC lot

Two-acre lot approved for building a sizable home.

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Unimproved Land with Building Potential
Unimproved Land with Building Potential

Wilton CT 06897, Wilton, CT 6897

$649,000
3.00 AC lot

Almost 3 acres of land with building and subdivision potential.

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New Canaan Land For Sale
New Canaan Land For Sale

470 Frogtown Road lot: 2, New Canaan, CT 06840

$1,625,000
2.00 AC lot

Two-acre lot with meadow and stream near town.

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South Salem, NY Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in South Salem, NY on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,499,000.

Sale prices for residential income properties in South Salem, NY start at $2,499,000, averaging $2,499,000, and reaching up to $2,499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Single family properties 1

Demographics Overview

Population 7,314
Population Growth (5Y) +3.6%
Median Household Income $198,563

High-Yield Neighborhoods for Investment

Identify South Salem submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
10590 $2.1M

Listings Trend

New vs delisted commercial listings in Westchester County

New Delisted

Total CRE Inventory on Market (SF)

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