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Town Center Office Building 49 Smith Ave 2,360 SF 100% Leased Office Building Mount Kisco, NY 10549 $975,000 ($413.14/SF)



Investment Highlights
- Located in Downtown Mount Kisco just off Main Street
- Single-tenant or multi-tenant capable
- Traditional office setting with original residential character
Executive Summary
Located in the heart of Mount Kisco’s vibrant professional corridor, 49 Smith Avenue offers a completely turnkey opportunity for buyers seeking immediate stability and premium asset quality. This impeccably maintained building features a 100% occupancy rate and boasts zero deferred maintenance, freeing the incoming owner from immediate capital expenditures.
A standout highlight of this offering is the built-in security of a long-term leaseback. The current owner occupies 50% of the building’s total footprint and will remain in place post-sale, guaranteeing a highly reliable, professional anchor tenant from day one. The remaining half of the building is fully occupied by established tenants, ensuring a diversified and robust cash flow.
Beyond its pristine condition and strong financial profile, the property benefits from a highly desirable location. It sits just minutes from downtown Mount Kisco’s medical centers, premier dining, and retail hubs, offering excellent visibility and effortless regional accessibility via nearby major thoroughfares and the Metro-North station. This asset provides a great balance of immediate yield with long-term earning potential.
A standout highlight of this offering is the built-in security of a long-term leaseback. The current owner occupies 50% of the building’s total footprint and will remain in place post-sale, guaranteeing a highly reliable, professional anchor tenant from day one. The remaining half of the building is fully occupied by established tenants, ensuring a diversified and robust cash flow.
Beyond its pristine condition and strong financial profile, the property benefits from a highly desirable location. It sits just minutes from downtown Mount Kisco’s medical centers, premier dining, and retail hubs, offering excellent visibility and effortless regional accessibility via nearby major thoroughfares and the Metro-North station. This asset provides a great balance of immediate yield with long-term earning potential.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Building Size
2,360 SF
Building Class
C
Year Built
1907
Price
$975,000
Price Per SF
$413.14
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
787 SF
Building FAR
0.18
Lot Size
0.30 AC
Zoning
OC - OC (Cottage Office) permits very-low-intensity professional office uses in residential-style buildings.
Parking
12 Spaces (5.08 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $74,450 | |
| Land Assessment | $55,800 | Total Assessment | $130,250 |
Property Taxes
Parcel Numbers
Land Assessment
$55,800
Improvements Assessment
$74,450
Total Assessment
$130,250
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Town Center Office Building | 49 Smith Ave
