13 Riverdale Ave - Retail FOR SALE


Port Chester, NY 10573- Rye Brook/Port Chester
$6,000,000 USD
215-603-6914
13 Riverdale Ave, Port Chester, NY for Sale
$6,000,000 USD
Retail - FOR SALE
1/5
null | 7% Cap Rate

13 Riverdale Ave
Port Chester, NY 10573
Rye Brook/Port Chester


HIGHLIGHTS

  • Brand new 20-year NNN lease at close of escrow with 2% annual rent increases, providing long-term, growing cash flow
  • 31,416 SF luxury fitness facility with 1,300+ active members, priced attractively at $190/SF (below market)
  • Upscale gym concept tailored to affluent Port Chester/Greenwich market with $151,669 AHHI within 1 mile
  • Prime NYC MSA location on the NY/CT state line with 141,000+ population within 5 miles and strong income demographics
  • High-visibility Route 1 corridor near I-95 (129,700 VPD) with strong local traffic counts and accessibility
  • Differentiated, amenity-rich offering including Hydro Bar, recovery lounge, simulators, med spa, valet parking, and 24/7 access

OVERVIEW

CBRE is pleased to exclusively present for sale this Hydrogen Fitness gym located at 13 Riverdale Avenue in Port Chester, New York. The 31,416-square-foot facility is situated on the state line between Port Chester, NY, and Greenwich, CT—one of the most affluent and desirable markets in the New York Metro area. Positioned along Route 1, a major commercial corridor running parallel to I-95 (129,700 VPD), the property benefits from exceptional visibility and accessibility. The asset also offers ample parking with 81 total spaces, including 25 surface spaces and 56 garage spaces, providing a strong parking ratio of 2.58 spaces per 1,000 square feet.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hydrogen Fitness | Greenwich, CT

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

85

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

CD-4

APN/PARCEL ID

4801-136-000-00056-001-0048-0000000,4801-136-000-00056-001-0049-0000000

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.