259 Westchester Ave 4,225 SF 100% Leased Retail Building Pound Ridge, NY 10576 $3,416,258 CAD ($808.58 CAD/SF) 6.80% Cap Rate

Directly across the street from one of the most notable restaurants in Northern Westchester - The Inn at Pound Ridge by Jean-Georges is this mixed-use offering composed of three unique spaces. A mixed-use property perfect for an end user or Investor!
PROPERTY OFFERING AT A GLANCE: (1) A fully renovated main building/showroom/retail with a 1.5M infusion in improvements. (2) Three-bedroom 2-bath exquisite residential rental and (3) Two-story renovated barn.
INVESTMENT: Income-producing property suited as an investment offering a strong return with long-term tenants in place and room for additional income in the huge, newly renovated storage barn. All tenants to continue leases, encouraging years of guaranteed income. OR an end user can come in and make this their own with the benefit of added rent from the apartment.
Now let’s get to the property details:
(1) RETAIL SHOWROOM: Expansive showroom and large retail offering with appointed kitchen and bath- this very large open space features wide plank reclaimed hardwood flooring, ample lighting, and an inviting area for work or retail.
(2) RESIDENTIAL APARTMENT: Private entry and appointed private outdoor patio space. Incredible design and details with a large great room with a vaulted ceiling. Primary Bedroom showcases a vaulted ceiling, primary bath with claw-foot tub and a walk-in closet. Two bedrooms share an appointed bathroom.
(3) TWO STORY BARN: Entire space has new Heat and AC with first floor garage/storage space/utility room. The second floor offers and large expansive space/studio/office and can possibly be converted to residential. Space is currently storage with options for added rent that can be office/residential.
THE STORY: Located in the heart of the historic hamlet of Pound Ridge, this building was the former Samuel Parker house that was built in 1860. The mixed-use building was the old Schelling’s Market, and Samuel Parker Cafe. After a complete interior and exterior renovation, it currently features, The Huntress, a high-end Interior Design and retail home furnishings store. This unusual offering has high visibility on the corners of Routes 124, 172 and 137. Right next door is the town-owned Conant Hall and nearby to the Hiram Halle Library and Pound Ridge Historical Society. Ample on-site parking.