Area:

• Located in the heart of Westchester County, one of New York’s wealthiest suburban markets, just 40 miles north of Manhattan.
• Unmatched visibility with a combined 288 feet of prime frontage along Old Crompond Rd/Route 202, one of the busiest east–west corridors in northern Westchester.
• Affluent demographics with average household incomes exceeding $150,000 within a 5-mile radius, directly supporting upscale dining and specialty retail tenants.
• Regional destination appeal, drawing customers from across Westchester County with its mix of #1 ranked dining and specialty retail operators.

 

Tenant – Hudson Valley Steakhouse:

• #1 Ranked in Market – Hudson Valley Steakhouse is the top-rated steakhouse in Yorktown Heights (OpenTable) with consistently high reviews across OpenTable, Yelp, and TripAdvisor, giving it a dominant position in the local dining scene.
• Affluent & Loyal Clientele – The restaurant attracts a repeat customer base of affluent families and professionals who prefer premium local dining, ensuring steady revenue and long-term viability.
• Long-Term Lease Security – Backed by a triple-net lease through 2030 with annual 2.5% rent escalations and a 5-year renewal option, providing investors with predictable income growth.
• Proven Operator Success – The restaurant has built a strong reputation and brand recognition, reducing turnover risk and reinforcing its reliability as a safe, income-producing tenant.

 

Investment:

• Attractive Pricing & Yield – Offered at $2,034,255 with a 6.75% cap rate, delivering a strong return in a
  supply-constrained, high-demand Westchester County market.
• Secure Long-Term Lease – Triple-net lease through 2030 with 2.5% annual rent increases and a 5-year renewal option, ensuring stable and growing cash flow.
• High-Quality Construction – Built in 2021, the ±4,398 SF building features modern masonry construction, premium finishes, and low maintenance requirements.
• Exceptional Visibility – 156 feet of prime frontage along Old Crompond Rd/Route 202, one of northern Westchester’s busiest commercial corridors.