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259 Heathcote Rd 9,082 SF 100% Leased Office Building Scarsdale, NY 10583 For Sale
Investment Highlights
- Single Tenant Lease to White Plains Hospital (Montiefiore)
- Tenant recently invested $700,000 into their space
- Long occupancy history (40 years)
- Land size allows for Expansion Opportunity of 3-7,000 SF
Executive Summary
CBRE, Inc. has been retained as the exclusive advisor for the sale of 259 Heathcote Road, a 9,082 square foot single tenant medical building in Scarsdale, New York. The property sits on 1.49 acres of land in the heart of Scarsdale and has 70 parking spaces (7.7/ 1000). 259 Heathcote is only 1.2 miles from the Hutchinson River Parkway and 2 miles from the Scarsdale Metro North Train Station and Bronx River Parkway. The property is currently 100% leased to White Plains Hospital (Montefiore) with a $507,040 NNN In-Place NOI.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,082 SF
Building Class
B
Year Built
1950
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,082 SF
Building FAR
0.14
Lot Size
1.49 AC
Zoning
A3 - 10,000 SF
Parking
70 Spaces (7.71 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Walk Score®
Very Walkable (71)
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259 Heathcote Rd
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