VIEW 34 PHOTOS

256 Katonah Avenue #254

Katonah, NY 10536

$3,750,000 PRICE Reduced by $500,000
0.25 Acres

Remarkable investment opportunity and first time on the market in over 33 years- this expansive building is ideally situated close to the train station in the heart of downtown. This prime location features three thriving commercial spaces. Currently- the main street level floor is leased by Bank or America and Fashion Nail salon leased out until 2028. The entire upper floor has been renovated with refinished floors and has been freshly painted and is built out for office space and has large multitasking rooms and separate conference rooms. Key Features: • Prime Location: Walking/strolling distance from the train station, ensuring easy access for customers and clients. Experience the vibrancy of downtown living with all stores, restaurants, and amenities within walking distance. • Commercial Spaces: Three versatile commercial units for retail, office or service-based businesses. Benefit from high foot traffic and visibility in a bustling area. Currently, an entire upper-floor office space is vacant and great for owner/user or added rental income. • Investment Potential: Street level units including Bank Of America on Lease generating great cashflow. • Community Appeal: Enjoy a vibrant neighborhood atmosphere with local shops, cafes, and cultural attractions just moments away. This property is perfectly positioned to attract both residents and businesses. • Basement Storage: Ample room for storage, files etc in a large walkout basement the footprint of the building with a secure room that is a safe also. This portfolio is a rare find for savvy investors looking to expand their holdings in a prime downtown location. Don’t miss out on this opportunity to own a landmark building on the bustling main street in downtown Katonah.

Additional Information

ADDITIONAL INFORMATION

BASEMENT DESCRIPTION: Full, Walk-Out Access
DAYS ON MARKET: 106
ON MARKET DATE: 2025-02-19
PARKING SPACES: 25
SEWER: Public Sewer
TYPE: Commercial Sale
UNIT COUNT: 3
UTILITIES: Cable Connected, Electricity Connected

INTERIOR FEATURES

COOLING: Central Air
HEAT: Baseboard, Forced Air

EXTERIOR FEATURES

CONSTRUCTION MATERIALS: Block

ASSESSED VALUE AND TAXES

TAX AMOUNT: $42,579

Listing Courtesy of Justin Pieragostini of Coldwell Banker Realty (914.232.7000).

Mortgage Calculator

Mortgage Term

Years

Interest Rate

%/Year

Principal Amount

in US Dollars

Down Payment

Amortization

Years

Your Estimated Payment

-- Monthly Payment

Down Payment
Required --
Mortgage
Principal --
Still Owing at the
End of Term --

Location for 256 Katonah Avenue #254, Katonah, NY

Directions

Schools for 256 Katonah Avenue #254, Katonah, NY

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

Elementary School
Katonah Elementary School
106 Huntville Road
Katonah, NY 10536

Grades: KG - 5
(914) 763-7702
Middle School
John Jay Middle School
40 North Salem Road
Cross River, NY 10518

Grades: 6 - UG
(914) 763-7502
High School
John Jay High School
60 North Salem Road
Cross River, NY 10518

Grades: 9 - UG
(914) 763-7212

Private Schools

SCHOOL	LOCATION	GRADE
Lissie's Playschool Child Care Center	31 Bedford Road Katonah, NY 10536	PK - KG
The Harvey School	260 Jay Street Katonah, NY 10536	6 - 12
The Country Childrens Center	410 Bedford Rd Bedford Hills, NY 10507	PK - KG
Yeshiva and Mesivta Ohel Shmuel	165 Haines Rd Bedford Hills, NY 10507	7 - 12
John F Kennedy Catholic High School	54 Route 138 Somers, NY 10589	9 - 12
Rippowam Cisqua School	439 Cantitoe Street Bedford, NY 10506	PK - 9
The Karafin School	PO BOX 277 Mount Kisco, NY 10549	9 - 12
Talmud Torah Bais Yechiel-Nitra	PO BOX 241 Mount Kisco, NY 10549	PK - 9
St Patrick School	117 Moseman Road Yorktown Heights, NY 10598	PK - 8
Ives School	Rt 202 Lincolndale, NY 10540	5 - 12

*UG = ungraded.
Detailed school information provided by GreatSchools.org © . All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

Request More Info

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.

By clicking Send Message, I agree a Sotheby's International Realty Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy

Community

Katonah

Westchester County, New York

Katonah really is a hamlet, the quintessential small town that prides itself on its charming downtown that begs people to meet up, attracting power walkers and window shoppers alike. The nearby Historic...

Request More Info for 256 Katonah Avenue #254, Katonah, NY

Julia B. Fee Sotheby's International Realty

Schedule a Showing Best Day/Time

Yes, I would like more information from Sotheby's International Realty. Please use and/or share my information with a Sotheby's International Realty agent to contact me about my real estate needs.