List Search

124 Chatsworth Ave
Larchmont, NY 10538 Larchmont/Mamaroneck

$3,737,000 USD

Restaurant For Sale  •  3,111 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 3,111 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1930
  • Cap Rate 5.25 %
  • Tenancy Multiple
  • Zoning RC
100 Transit Score
90 Walk Score

Highlights

New 10-year NNN lease provides long-term contractual income.
Annual 3% rent increases support future NOI growth.
Corner location at Chatsworth Avenue and Palmer Avenue.
Tenant invested significantly in building conversion and buildout.
Walking distance to the Larchmont Metro-North station.
Located within a highly established Westchester County retail corridor.

Property Flyers

Cap Rate: 5.25 %

Amenities

  • Corner Lot
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Larchmont Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 0 min 1 min 0.0 mi
Mamaroneck Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 5 min - 2.6 mi
Transit/SubwayDriveWalkDistance
Larchmont Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 2 min 0.1 mi
AirportDriveWalkDistance
Westchester County 24 min - 13.7 mi
LaGuardia 29 min - 16.9 mi
John F Kennedy International 36 min - 24.5 mi
Chris Peterson 703-517-5943 Atlantic Capital Partners
Chris Peterson 703-517-5943 Atlantic Capital Partners