Dobbs Ferry Assemblage 3 Properties Offered at $5,700,000 in Dobbs Ferry, NY

INVESTMENT HIGHLIGHTS

  • Mixed-Use Portfolio: 3 properties with 4 commercial and 10 residential units offering multiple income streams.
  • Fully Leased Restaurant & Beer Garden: 83 Main includes a fully equipped restaurant, bar, and outdoor seating area.
  • Renovated Residential Units: Updated apartments in 83 and 91 Main appeal to modern renters.
  • Prime Location: Located in the heart of Dobbs Ferry with strong visibility and foot traffic.
  • Development Opportunity: 89 Main is a buildable lot with potential for mixed-use expansion.
  • Established Retail Tenants: 91 Main features stable tenants including a barbershop and loan office.

EXECUTIVE SUMMARY

83 Main Street
Total Space: 8,712 sq. ft.

Type: 3-story mixed-use building

Commercial Use:

Thriving restaurant with a fully equipped kitchen and basement storage

Charming beer garden with a full bar and stone fireplace

Residential Units: 6 total

1 one-bedroom (rear of the restaurant)

2 two-bedroom units (2nd floor)

2 three-bedroom units (3rd floor)

Additional Feature: Renovated historic barn converted into a commercial studio/loft-style living space

Frontage: 73 feet on Main Street

Revenue Stream: Restaurant, beer garden, multiple residential units

89 Main Street
Total Space: 3,049 sq. ft.

Current Use: Parking for 91 Main St.

Zoning/Opportunity: Buildable lot with potential for mixed-use development

Future Potential: Adds expansion opportunity to an investor’s portfolio when combined with 91 Main St.

91 Main Street
Total Space: 4,792 sq. ft.

Type: 3-story mixed-use building

Commercial Use:

Ground floor includes 2 retail units: a loan depot and a barbershop

Residential Units: 4 total

2 two-bedroom units (2nd floor)

1 two-bedroom unit + 1 one-bedroom with two bathrooms (3rd floor)

Additional Feature: Fenced backyard (no on-site parking)

Frontage: 55 feet on Main Street (combined with 89)

Revenue Stream: Two retail tenants + four renovated residential units

Combined Investment Highlights
Total Units: 4 commercial + 10 residential

Diversified Income: Retail, restaurant, apartments, development potential

Prime Location: Central Dobbs Ferry, high visibility and foot traffic

Expansion Potential: 89 Main can be developed to increase total yield

Inquire for Pricing & Full Income/Expense Report

PROPERTY FACTS

Price $5,700,000
Price / SF $237.50 / SF
Cap Rate 7.88%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 24,000 SF
Total Land Area 0.38 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
83 Main St, Dobbs Ferry, NY 10522 Flex 12,000 SF 1980 $3,200,000
91 Main St, Dobbs Ferry, NY 10522 Flex 12,000 SF 1970 $2,100,000
89 Main St, Dobbs Ferry, NY 10522 Land 0.07 AC - $400,000
Show More > < Show Less
  • Listing ID: 36302578

  • Date on Market: 6/18/2025

  • Last Updated:

  • Address: Dobbs Ferry Assemblage, Dobbs Ferry, NY