Exceptional Mixed-Use Investment Opportunity in Prime Larchmont, NY
Now available in one of Westchester’s most desirable and high-traffic corridors—this fully renovated mixed-use property offers both immediate income and long-term growth potential. Located in the heart of Larchmont, this asset presents a rare opportunity to own in a premier retail and residential market with over 20,000 vehicles passing daily.
Key Highlights:
Current Cap Rate: 7%
Pro Forma Cap Rate: Over 8.5%
Unit Mix:
(2) Spacious Two-Bedroom Residential Units
Front Unit: Approx. 1,100 sq ft 2 Bedroom with 2 full bathrooms,
Rear Unit: Approx. 950 sq ft 1 bedroom with 1 full bathroom,
(2) Ground-Level Commercial Units
Front Office: Approx. 825 sq ft – currently tenant-occupied
Rear Office: Approx. 975 sq ft + 825 sq ft finished basement – will be delivered vacant
Additional Features:
Fully renovated throughout with modern finishes
Excellent visibility and signage potential
Located in a high-demand retail corridor with ample street parking
Walking distance to shops, transportation, and community amenities
This is a turn-key investment offering stable cash flow and strong upside. Ideal for investors or owner-users seeking a premier Larchmont address.
Contact us today for full financials or to schedule a private showing.
4,500 Sq Ft
3,710 Sq Ft Lot Size
Investment
$18,108 Annual Tax
Built in 1920
MLS/Listing ID 821120
4 Units
Heating - Natural Gas
Eat-in Kitchen
Cooling - Wall/window unit(s)
Hardwood
Laminate
Block
Heating - Forced Air
Heating - Hot Water
Construction - Brick
Backyard
Source of Data: ONEKEY MLS
TOTAL MONTHLY COST
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