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250 Boston Post RdPort Chester, NY 10573
250 Boston Post Road
Asset ClassRetail, Land
Land1.46 Acres
Deal Size: $8.4 MSite Area: 63.56 K Sq. FtAccess Data Room
Rare Covered Land Opportunity Approved 120-Unit Site Plan
overview of deal

Overview

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.

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Investment Highlights

Deal Size
$8.4 M
Land
1.46 Acres

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.

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250 Boston Post RdPort Chester, NY 10573
Metro North Rail - New Haven Line
Amtrak - Stamford
Gateway Port Chester
Route 1 - Boston Post Road
I-94 / I-287
I-287

Contact Exclusive Agents

Kevin LouieVice President, Investment Sales(718) 663-2642klouie@ripcony.com
Adam HakimExecutive Managing Director646.290.2011ahakim@ripcony.com
James MuradManaging Director646.290.2012jmurad@ripcony.com
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