Listed by Houlihan Lawrence
$5,535,000
200 East Main Street
Details
Property Type Retail
Sub Type Strip Center
Square Footage 15,035
Cap Rate 6.27%
NOI $347,135
Occupancy 100%
Price per SqFt $368
Parking Spaces 12 spaces
Parking Per SqFt 0.80
Retail | 6.27% CAP | 15,035 SqFt
Marketing description
Houlihan Lawrence has been exclusively retained to market for sale 200 E Main Street, Mount Kisco, NY. The 15,035 square foot property presents an opportunity to acquire a fully occupied neighborhood retail center located along one of Mount Kisco’s primary commercial corridors in affluent Northern Westchester County.
The asset is currently leased to eight retail tenants, providing stable in-place cash flow through a diversified tenancy mix within one of Westchester County’s most established downtown retail markets. Tenant leases include CAM reimbursements, helping offset operating expenses and supporting efficient ownership.
Positioned along East Main Street, the property benefits from strong visibility, consistent vehicular traffic, pedestrian accessibility, and convenient access to regional transportation infrastructure. The center is also supported by multiple parking options, including on-site parking, a municipal parking lot directly behind the property, and additional street parking.
The property is located near the Mount Kisco Metro-North station, Northern Westchester Hospital, and a dense surrounding residential population with strong household incomes. Its location within a supply-constrained retail market further supports long-term tenant demand and investment stability.
Investment highlights
- Stable In-Place Income : Fully occupied tenancy provides immediate and consistent cash flow supported by a diversified tenant roster.
- Strategic Downtown Retail Location : Rare opportunity to acquire a fully leased retail asset within one of Northern Westchester’s established downtown retail corridors.
- Competitive Parking Advantage : Combination of on-site parking, municipal parking, and street parking enhances accessibility for both tenants and customers.
- Strong Long-Term Fundamentals : Affluent demographics, limited retail supply, and strong regional accessibility support long-term investment stability and tenant demand.
- Fully occupied retail center with eight (8) tenants
- Stable in-place cash flow supported by diversified tenancy
- CAM reimbursements from tenants help offset operating expenses
- Prominent frontage and visibility along East Main Street
- Multiple parking options including on-site, municipal, and street parking
- Walkable downtown location surrounded by retail, dining, medical, and service oriented businesses
- Minutes from the Mount Kisco Metro-North Harlem Line station
- Located in the heart of downtown Mount Kisco, one of Northern Westchester County’s premier suburban business districts
- Positioned along East Main Street, a heavily traveled retail and commuter corridor with strong visibility and accessibility
- Immediate access to Route 119, Interstate 684, Saw Mill River Parkway, Route 117, and Route 133
- Minutes from the Mount Kisco Metro-North Harlem Line station with direct commuter access to Manhattan
- Approximately one hour to Grand Central Terminal via Metro-North
- Near Northern Westchester Hospital and surrounding medical office users supporting strong daytime traffic
- Surrounded by affluent residential communities including Bedford, Chappaqua, Armonk, and New Castle
- Walkable downtown environment featuring restaurants, boutiques, cafes, and professional services
- Limited competing retail inventory supporting long-term occupancy and rental stability
- Accessible to surrounding Northern Westchester and Fairfield County communities
Listing Contacts
Listed by Houlihan Lawrence
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$347,135.00
$28,927.92/mo
Valuation Metrics
0
DSCR
6.27%
Cap Rate
6.27%
ROI
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