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3360 Old Crompond Rd, Yorktown Heights, NY, 10598

Hudson Valley Steakhouse
$2,034,255

Key Information

Cap Rate
6.75%
$ per SF
$462
Tot. SF
4,398
Lot Size
0.69 Acres
Year Built
2015
Term Remaining
±4 Years
Type
Retail
Occupancy
100%
NOI
$137,313

Highlights

Area Highlights

  • Premier Westchester Location – Situated in the heart of Westchester County, one of New York’s most affluent suburban markets, just 40 miles north of Manhattan.
  • High-Visibility Corridor – Features a combined 288 feet of frontage along Old Crompond Rd/Route 202, a heavily trafficked east west artery in northern Westchester.
  • Affluent Demographics – Average household incomes exceed $190,723 within a 5-mile radius, supporting strong demand for upscale dining and specialty retail.
  • Destination Retail Node – Established as a regional draw, attracting visitors from across Westchester County due to its curated mix of top-ranked dining and specialty tenants.

Tenant Highlights – Hudson Valley Steakhouse

  • Top-Ranked Dining Destination – Recognized as the #1 steakhouse in Yorktown Heights (OpenTable), with consistently strong ratings across OpenTable, Yelp, and TripAdvisor.
  • Affluent, Loyal Customer Base – Serves a repeat clientele of high-income families and professionals, driving consistent revenue performance.
  • Long-Term Lease Stability – Secured by a triple-net lease through 2030, featuring 2.5% annual rent escalations and a 5-year renewal option.
  • Proven Operator – Established brand with strong local recognition, reducing tenant turnover risk and enhancing long-term income reliability.

Investment Highlights

  • Stable, Growing Cash Flow – Triple-net lease structure with built-in 2.5% annual increases ensures predictable income growth.
  • Modern, Low-Maintenance Asset – Built in 2015, the ±4,398 SF property features high-quality masonry construction and premium finishes.
  • Exceptional Exposure – Includes 156 feet of frontage along Old Crompond Rd/Route 202, maximizing visibility along a major commercial corridor.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833, 10311210106 (NY)
Matthews Real Estate Investment Services, Inc
575 5th Ave., Ste 2810 New York, NY 10017