708 Saw Mill River Rd | Ardsley, NY 10502
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708 Saw Mill River Rd
Ardsley, NY 10502
Retail Property For Sale
Executive Summary
Discover a newly built, beautifully designed mixed-use property offering a perfect blend of commercial and residential appeal in the heart of village of Ardsley. First-Floor Retail Space is anchored by a well-established, long-term tenant—an art studio and pottery store, ensuring steady income and community engagement. All three apartments offer modern design, featuring open-concept layouts with abundant natural light, premium stainless steel appliances and sleek countertops. Upscale finishes that attract quality tenants with convenient amenities including a dedicated parking lot for residents and retail visitors. Turnkey Investment, designed for effortless ownership, ready for immediate revenue generation. This property combines the charm and convenience of Ardsley living with excellent investment potential, offering long-term stability and value in a high-demand area. Don’t miss this opportunity to own a standout property in an unbeatable location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1930/2020
Price
$4,500,000
Price Per SF
$643
Cap Rate
4.50%
NOI
$202,619
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.37 AC
Zoning
B-1
Parking
21 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
102 FT on Saw Mill River Rd
PROPERTY TAXES
| Parcel Number | 2601-006-050-00018-000-0019 | Improvements Assessment | $1,361,000 |
| Land Assessment | $715,200 | Total Assessment | $2,076,200 |
PROPERTY TAXES
Parcel Number
2601-006-050-00018-000-0019
Land Assessment
$715,200
Improvements Assessment
$1,361,000
Total Assessment
$2,076,200
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