An exceptional investment opportunity at 37 Old Albany Post Road in Ossining, New York, featuring three industrial buildings situated on a spacious 1.
| Website: | https://www.nestseekers.com/5650910 |
|---|---|
| Address: | Ossining, NY 10562 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Lot Size: | 1.9 Acres |
Financials
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.
Amenities
- Electricity Available
2415 Montauk Highway PO Box 742, Bridgehampton, NY 11932 Phone: +1 631-353-3427 Fax: +1 631-614-7858 | |
| Listing Courtesy of Triforce Commercial RE LLC | |