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.
Listing By
Agency Name: Triforce Commercial RE LLC
Agency Contact: 845-450-6500
Shown By
Agent Name: Judit Szenes
Agent Phone: Cell: (516) 445-2256
Agency Title: Howard Hanna | Coach Realtors
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to LoginIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
37 Old Albany Post Road | MLS# 1029548
This commercial property located at 37 Old Albany Post Road, Ossining, NY 10562 is currently listed for sale with an asking price of $4,500,000. Old Albany Post Road is located within the Ossining school district. Search Ossining real estate on jszenes.coachrealtors.com today.