250 Boston Post Road, Port Chester is a covered land opportunity offering immediate NNN income and a fully approved site plan for a 5-story, 120-unit market-rate multifamily development totaling approximately 171,070 GSF with 150 below-grade structured parking spaces.
[Rendering pictured]
SITE PLAN APPROVED
APRIL 2026
The Village of Port Chester Planning Commission approved a site plan for a 5-story, 171,070 GSF multifamily development comprising 120 residential units and 150 below-grade structured parking spaces.
COVERED LAND PLAY
NNN INCOME THROUGH 2029
TD Bank (S&P: A+) occupies the site on a NNN lease generating $385,000/year ($32,083/month) through August 31, 2029, providing a buyer with stable income while pursuing IDA approval and construction financing.
“PLAN THE PORT”
CD -4MU MIXED USE DISTRICT
Port Chester’s 2020 “Plan The Port” initiative introduced a village-wide form-based zoning code designed to foster transit-oriented growth.
METRO-NORTH
~40 MINUTES TO GRAND CENTRAL
The site sits steps from the Port Chester Metro-North station on the New Haven Line, offering approximately 40-minute service to Grand Central Terminal and direct connectivity to Midtown Manhattan.
SUPPLY-CONSTRAINED WESTCHESTER MARKET
Port Chester sits at the epicenter of Westchester County’s transit-oriented development boom. Institutional capital from Hines, Hudson Companies, and KABR Group has targeted the submarket, validating demand for well-located, transit-adjacent multifamily.