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153-163 Rt-303 24,299 SF 100% Leased Industrial Building Valley Cottage, NY 10989 $4,500,000 ($185.19/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% occupied.
- One mile north of NYS Thruway.
- The property contains fire sprinklers.
- Direct access to NYS Route 303.
- Each unit has a loading dock.
EXECUTIVE SUMMARY
Prime investment opportunity. Cost of living adjustments built into leases. Solid tenant history. Separate utilities paid by tenants. Loading docks for each unit.Direct highway access.Well maintained building and grounds.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $4,500,000 | Lot Size | 2.60 AC |
| Price Per SF | $185.19 | Rentable Building Area | 24,299 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 4% | Year Built/Renovated | 1980/2024 |
| Property Type | Industrial | Parking Ratio | 1.23/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 16’ |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Zoning | LIO - Warehouses and wholesale distribution centers with related offices. Research development, experimental or testing laboratories. Assembly, processing | ||
| Price | $4,500,000 |
| Price Per SF | $185.19 |
| Sale Type | Investment |
| Cap Rate | 4% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | B |
| Lot Size | 2.60 AC |
| Rentable Building Area | 24,299 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2024 |
| Parking Ratio | 1.23/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 5 |
| Zoning | LIO - Warehouses and wholesale distribution centers with related offices. Research development, experimental or testing laboratories. Assembly, processing |
AMENITIES
- Signage
- Yard
- Air Conditioning
UTILITIES
- Lighting - Incandescent
- Gas - Natural
- Water - City
- Sewer - County
- Heating - Gas
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Global Refinishing Products
- Manufacturing
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- INTESUP LLC
- Manufacturing
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Global Refinishing Products | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| INTESUP LLC | Manufacturing | - | $9.99 | Lorem Ipsum | Jan 0000 |
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PROPERTY TAXES
| Parcel Number | 392089-052-019-0001-006-000-0000 | Total Assessment | $549,000 (2024) |
| Land Assessment | $133,600 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $415,400 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
392089-052-019-0001-006-000-0000
Land Assessment
$133,600 (2024)
Improvements Assessment
$415,400 (2024)
Total Assessment
$549,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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153-163 Rt-303
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