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Hartsdale Automotive Services 20 Grayrock Rd 1,600 SF Flex Building Scarsdale, NY 10583 $2,000,000 ($1,250/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 10 years new lease in place with very strong long term local operator in place.
  • Fantastic future development opportunity.
  • Very close to Scarsdale Metro North Train Station.

EXECUTIVE SUMMARY

Marcus & Millichap has been retained as the exclusive advisor for the sale of 20 Grayrock Road, Scarsdale NY. A 1,600 square foot single tenant automotive building in Scarsdale, New York. The property sits on 6,098 SF of land in the heart of Scarsdale and very close to Scarsdale train station, sits between large apartment buildings and very close to play grounds/ little league field and the Scarsdale village. The site is the new home for Hartsdale Automotive, who has been in that market for over 20 years, and signed new 10 years NNN lease in August 2024. The site is a fantastic development opportunity in the town of Eastchester.

PROPERTY FACTS

Price $2,000,000
Price Per SF $1,250
Sale Type Investment NNN
Cap Rate 6%
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Auto Repair
  • Industrial Service
Building Class C
Lot Size 0.14 AC
Rentable Building Area 1,600 SF
No. Stories 1
Year Built 1939
Tenancy Single
Parking Ratio 6.88/1,000 SF
Zoning General Business - Business District

AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2489-049-00A-00001-000-0006
Land Assessment
$9,050
Improvements Assessment
$200
Total Assessment
$9,250
  • Listing ID: 35638676

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 20 Grayrock Rd, Scarsdale, NY 10583

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