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74-78 South Moger Ave

6,200 SF 100% Leased Retail Building Mount Kisco, NY 10549 $3,600,000 ($581/SF) 8% Cap Rate

Investment Highlights

  • Prime Downtown Property Portfolio for Sale with 4 separate buildings
  • Residential Apartments: 6 well-appointed apartments, each designed for comfort and convenience
  • Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams
  • Exceptional Investment Opportunity with 6 Residential Units, 1 Very Large Multi Office Business Space, Detached Commercial Space, Oversized Barn Garag
  • Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses
  • This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location

Executive Summary

Prime Downtown Property Portfolio for Sale with 4 separate buildings: Exceptional Investment Opportunity with 6 Residential Units, 1 Very Large Multi Office Business Space, Detached Commercial Space, Oversized Barn Garage, and a Newly Built Private Parking Lot!
Remarkable investment opportunity and first time on the market- this expansive portfolio of 4 buildings, ideally situated adjacent to the train station in the heart of downtown. This prime location boasts 6 spacious residential apartments and two thriving commercial spaces, offering a perfect blend of urban living and business potential.
Key Features:
• Prime Location: Steps away from the train station, ensuring easy access for residents and customers alike. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance.
• Residential Apartments: Seven well-appointed apartments, each designed for comfort and convenience
• Commercial Spaces: Two versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area.
• Investment Potential: With a mix of residential and commercial properties, this portfolio provides multiple revenue streams. Capitalize on the demand for housing and business space in a rapidly growing downtown area in bustling Mt Kisco.
• Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses.
This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don’t miss out on this opportunity to own Mt Kisco- known as the Big Little Village!

Financial Summary (Actual - 2024)

Annual Annual Per SF
Gross Rental Income $375,000 $60.48
Other Income - -
Vacancy Loss - -
Effective Gross Income $375,000 $60.48
Taxes - -
Operating Expenses - -
Total Expenses $83,000 $13.39
Net Operating Income $292,000 $47.10

Financial Summary (Actual - 2024)

Gross Rental Income
Annual $375,000
Annual Per SF $60.48
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $375,000
Annual Per SF $60.48
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $83,000
Annual Per SF $13.39
Net Operating Income
Annual $292,000
Annual Per SF $47.10

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,200 SF
Building Class
B
Year Built
1950
Price
$3,600,000
Price Per SF
$581
Cap Rate
8%
NOI
$288,000
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.42
Land Acres
0.10 AC
Zoning
CB-1 - Central Business Disctrict
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Azteca Mexican Restaurant
Citi
Chopt
YogaSix
Starbucks
F45 Training, Inc.
Bank of America
Pure Barre
KeyBank
Club Pilates

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5601-080-024-00003-000-0002
Land Assessment
$31,000 (2023)
Improvements Assessment
$31,500 (2023)
Total Assessment
$62,500 (2023)
  • Listing ID: 33690484

  • Date on Market: 10/30/2024

  • Last Updated:

  • Address: 74-78 South Moger Ave, Mount Kisco, NY 10549

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