Log In/Sign Up
Your email has been sent.
Hydrogen Fitness | Greenwich, CT 13 Riverdale Ave 31,416 SF Retail Building Port Chester, NY 10573 $6,000,000 ($190.99/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand new 20-year NNN lease at close of escrow with 2% annual rent increases, providing long-term, growing cash flow
- Upscale gym concept tailored to affluent Port Chester/Greenwich market with $151,669 AHHI within 1 mile
- High-visibility Route 1 corridor near I-95 (129,700 VPD) with strong local traffic counts and accessibility
- 31,416 SF luxury fitness facility with 1,300+ active members, priced attractively at $190/SF (below market)
- Prime NYC MSA location on the NY/CT state line with 141,000+ population within 5 miles and strong income demographics
- Differentiated, amenity-rich offering including Hydro Bar, recovery lounge, simulators, med spa, valet parking, and 24/7 access
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Building Size
31,416 SF
Building Class
C
Year Built/Renovated
1946/2024
Price
$6,000,000
Price Per SF
$190.99
Cap Rate
7%
NOI
$420,000
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.72 AC
Zoning
CD-4
Parking
85 Spaces (2.71 Spaces per 1,000 SF Leased)
Frontage
100’ on RIVERDALE AVE
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Hydrogen Fitness
- Retailer
- 31,416 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Hydrogen Fitness | Retailer | 31,416 SF | - | Triple Net | - |
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $973,200 | |
| Land Assessment | $1,033,200 | Total Assessment | $2,006,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,033,200
Improvements Assessment
$973,200
Total Assessment
$2,006,400
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Hydrogen Fitness | Greenwich, CT | 13 Riverdale Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.