Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
3,219 SF
Site
0.13 acres
Price / SF
$574
NOI
$109,440
Year built
1920
Stories
2
The offering
Investment opportunities like this rarely become available in Downtown Chappaqua. Welcome to 21 King Street, a rare mixed-use commercial property offering exceptional visibility, convenience, and income potential in one of Westchester's most desirable downtown locations.
The building features two street-level retail storefronts and a residential apartment above, creating multiple income streams and long-term investment value. A standout feature is the private rear parking lot accommodating approximately 14 vehicles—an increasingly valuable asset in downtown Chappaqua. In addition to serving the property's tenants and customers, the parking area may offer additional income potential through rental opportunities. The rear lot also presents future upside, as it may provide opportunities for expansion or redevelopment, subject to municipal approvals and zoning requirements.
Ideally positioned just moments from shops, restaurants, and the Metro-North train station, 21 King Street benefits from excellent foot traffic and a highly sought-after location. Whether you are an investor seeking diversified income streams, an owner-user looking to establish a presence in Chappaqua, or someone searching for a prime long-term asset, this is a unique opportunity to own a landmark property in the heart of town with both immediate cash flow and future potential.
Building & site
Interest conveyedFee simple
Gross building area3,219 SF
Building typeRetail
Property typeRetail
Year built1920
Stories2
Land area0.13 acres
Land area, SF5,488 SF
WaterPublic
SewerPublic Sewer
HeatHot Air, Natural Gas
Tax parcel553600100.11-2-6
Usable area3,219 SF
Parking spaces14
Electric utilityCon-Edison
Income & tenancy
Gross income (as reported)
$109,440
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Taxes & assessment
2026 taxes
$29,688
Assessed value
$158,000
Land assessment
$91,200
Full market value
$158,000
Owner of record
21 KING ST LLC
School district
Chappaqua
Property class
482
Floodplain
44% of the parcel lies within the mapped floodplain. Buildable area, insurance and any expansion should be checked against the current FEMA mapping before you rely on it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.