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$1,424,625
List Price: $1,450,000
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40 Westchester Avenue
Apartment in Pound Ridge •  building info
studio • 21,780ft² $67 per ft²
Buy with Yoreevo

$1,424,625

List Price

$1,450,000

Key Details
Days on market
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Last price change
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Estimated payment
$7,824/mo
Taxes
N/A
Maintenance
N/A
Description
An exceptional mixed-use investment opportunity in the heart of Pound Ridge, offering immediate, stable income from both commercial and residential tenants. This iconic Mid-Century Modern building spans approximately 3,870 square feet and is ideally positioned in the highly desirable Scotts Corners. Fully leased and thoughtfully configured, the property is anchored by two successful businesses on the main level, featuring architectural details and expansive glass storefronts that provide outstanding visibility and natural light. The lower level offers two generously sized one-bedroom, one-bath apartments, each designed to maximize light and connection to the outdoors, with floor-to-ceiling windows and glass sliding doors opening to a large, serene backyard and a private covered courtyard. Ample parking includes an upper deck for commercial use and a separate lower level for residential tenants. Ideally located at the crossroads of New Canaan and Stamford, Connecticut, and Bedford and South Salem, New York, the property enjoys excellent visibility and accessibility. Scotts Corners remains a sought-after destination for NYC visitors drawn to its charm, restaurants, and boutique lifestyle offerings. A rare offering that combines architectural character, strong income, and long-term investment potential in one of Westchester County's most desirable enclaves.

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Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,450,000
Asking Price: $1,450,000
Term
30 Years
Down Payment
$145,000 (10%)
Min: 10% (145,000)
Rate
6.0 %
Mortgage Amount
$1,305,000
Mortgage Payment
$7,824
Estimated Yoreevo rebate
$25,375
Estimated closing cost
$22,000
Total monthly cost $7,824
Buy your dream home with us and get an estimated $25,375 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Coldwell Banker Realty

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