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Executive Summary
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.
Property Facts
| Price | $4,500,000 | Lot Size | 1.95 AC |
| Price Per SF | $750 | Rentable Building Area | 6,000 SF |
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1970 |
| Property Subtype | Warehouse | Parking Ratio | 5/1,000 SF |
| Building Class | C | ||
| Zoning | NC - NC Zoning | ||
| Price | $4,500,000 |
| Price Per SF | $750 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.95 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 5/1,000 SF |
| Zoning | NC - NC Zoning |
Amenities
- Front Loading
- Signage
- Air Conditioning
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Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4289-080-014-00000-000-0030-000-0-1 | Improvements Assessment | $275,700 |
| Land Assessment | $1,046,500 | Total Assessment | $1,322,200 |
Property Taxes
Parcel Number
4289-080-014-00000-000-0030-000-0-1
Land Assessment
$1,046,500
Improvements Assessment
$275,700
Total Assessment
$1,322,200
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Contact the Sale Advisor
37A Old Albany Post Rd



