37A Old Albany Post Rd - Warehouse FOR SALE


Ossining, NY 10562
$4,500,000 USD
845-323-9177
37A Old Albany Post Rd, Ossining, NY for Sale
$4,500,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

37A Old Albany Post Rd
Ossining, NY 10562


OVERVIEW

An exceptional investment opportunity at 37 Old Albany Post Road in Ossining, New York, featuring three industrial buildings situated on a spacious 1.9416-acre lot. The property comprises approximately 11,600 square feet of building space and is currently configured with five income-producing units, providing a diversified tenant base and multiple revenue streams. Additional income is generated through on-site parking, including a separate parking area with 16 spaces. The property currently produces approximately $30,455 in combined monthly building and parking income, totaling approximately $365,460 annually, with scheduled rent increases offering further income-growth potential. Current annual operating expenses are estimated at approximately $61,109, resulting in a projected net operating income of approximately $304,351. With substantial land, multiple buildings, strong existing cash flow, parking income and future upside, this property presents a compelling opportunity for investors seeking a well-located commercial asset in Westchester County. Bring an offer.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$750 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.95

LAND SF

84,942

ZONING

NC

APN/PARCEL ID

4289-080-014-00000-000-0030-000-0-1

ASK ABOUT THIS PROPERTY

Jason HorowitzTriforce Commercial Real Estate LLCMore Info
845-323-9177

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Jason HorowitzTriforce Commercial Real Estate LLCMore Info
845-323-9177

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