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$ 4,500,000
Est. payment /mo
New
37 Old Albany Post RD Ossining, NY 10562
1.94 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1029548
Rental Info No
Annual Tax Amount $41,249
Lot Size 1.942 Acres
Acres 1.9416
Property Sub-Type Industrial
Source onekey2
Property Description
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.
Location
State NY
County Westchester County
Interior
Heating Electric
Cooling Electric
Fireplace No
Exterior
Utilities Available Electricity Available
Building
Sewer None
Water None
Structure Type Brick
Schools
High Schools Ossining
School District Ossining
Others
Special Listing Condition None
Listed by Triforce Commercial RE LLC • Jason Horowitz