880 Central Park Ave, Scarsdale, NY 10583

SAB Capital is pleased to present the exclusive offering of a single-tenant net leased Charles Schwab property located in Scarsdale, New York—just 30 minutes from New York City. Scarsdale is consistently ranked among the wealthiest suburbs in the country and was most recently named the Wealthiest U.S. Suburb by GOBankingRates in March 2025.

The asset is secured by a long-term, 15-year net lease with Charles Schwab, with over 6.5 years of remaining term. The lease features annual rental escalations, including a notable 12% increase in 2026. It is backed by a corporate guaranty from The Charles Schwab Corporation, a $22.3 billion revenue company ranked #175 on the Fortune 500 list in 2025.

Positioned at the signalized hard corner of Central Park Avenue and Ardsley Road, the property benefits from visibility to over 41,500 vehicles per day. This dense, infill location offers high barriers to entry and exceptional local demographics, with over 311,000 residents earning an average household income exceeding $217,969 within a five-mile radius.

The property is rated “Very Walkable” by Walk Score®, with most daily errands easily accomplished on foot. It is also situated less than one mile from the Scarsdale Metro-North Train Station on the Harlem Line, which serves over 18 million riders annually and offers direct access to Manhattan.

Central Park Avenue is a dominant retail corridor with over 1 million square feet of commercial space. National retailers in the immediate vicinity include Kohl’s, Planet Fitness, ShopRite, HomeGoods, Best Buy, Chick-fil-A, Chipotle, Starbucks, CVS, Panera, McDonald’s, Bank of America, Chase, and many others.

This prominent corner location, strong credit tenancy, and positioning within one of the most affluent communities in the country make this an exceptional investment opportunity.