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425 N State Rd 5,500 SF 100% Leased Office Building Briarcliff Manor Village, NY 10510 $1,450,000 ($263.64/SF)
INVESTMENT HIGHLIGHTS
- Well lit workspaces with skylights
- 24 Hour building access.
- 17 on-site surface parking spaces.
EXECUTIVE SUMMARY
425 North State Road offers a well-positioned office opportunity in the Village of Briarcliff Manor. The property is currently occupied by The Academic Federal Credit Union and is located just north of a key intersection featuring retail and dining amenities, providing strong visibility and accessibility. The two-story building can be configured for single or multi-tenant use, offering flexibility for owner-users or investors.
Its contemporary design supports a range of uses, including medical, professional services, non-profit organizations, or general business operations.
The site includes 17 on-site parking spaces, equating to approximately three spaces per 1,000 square feet—consistent with market expectations for comparable properties.
Offered at a competitive price, the property presents a sound investment opportunity within the established and stable Briarcliff Manor submarket. The local office market continues to experience a resurgence, particularly among small and mid-sized businesses.
Its contemporary design supports a range of uses, including medical, professional services, non-profit organizations, or general business operations.
The site includes 17 on-site parking spaces, equating to approximately three spaces per 1,000 square feet—consistent with market expectations for comparable properties.
Offered at a competitive price, the property presents a sound investment opportunity within the established and stable Briarcliff Manor submarket. The local office market continues to experience a resurgence, particularly among small and mid-sized businesses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,500 SF
Building Class
C
Year Built
1980
Price
$1,450,000
Price Per SF
$263.64
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,750 SF
Building FAR
0.22
Lot Size
0.58 AC
Zoning
CB-2 - Commercial business use
Parking
25 Spaces (4.55 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Skylights
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 4201-098-007-00000-000-0003-000-0-1 | Improvements Assessment | $51,400 |
| Land Assessment | $745,000 | Total Assessment | $796,400 |
PROPERTY TAXES
Parcel Number
4201-098-007-00000-000-0003-000-0-1
Land Assessment
$745,000
Improvements Assessment
$51,400
Total Assessment
$796,400
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425 N State Rd
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