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Executive Summary
Exceptional opportunity to own a prime office building in one of the most desirable locations in town. Perfect for corporate headquarters, professional offices, or medical use (subject to town approval) etc. This well-maintained two-story brick building offers approximately 8,000 sq ft of space on a 0.54-acre lot, with ample parking for 35 vehicles and full central air conditioning. The first floor is secured with a long-term bank tenant in place through July 2030, providing stable income. The second floor offers flexibility—available vacant or with a partial leaseback option to suit the buyer’s needs. Strategically located just one block from key municipal offices (City Hall, Police, Fire Department) and featuring a NYC bus stop directly in front, this property offers outstanding accessibility and visibility. Surrounded by major global corporations such as Samsung Electronics and LG Corporation, this is a rare investment opportunity in a highly sought-after area.
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- Miscellaneous
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
8,000 SF
Building Class
C
Year Built
1986
Price
$4,600,000
Price Per SF
$575
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
10’
Building FAR
0.34
Lot Size
0.54 AC
Zoning
N/Av, County
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 16-00510-0000-00004 | Improvements Assessment | $600,000 |
| Land Assessment | $1,000,000 | Total Assessment | $1,600,000 |
Property Taxes
Parcel Number
16-00510-0000-00004
Land Assessment
$1,000,000
Improvements Assessment
$600,000
Total Assessment
$1,600,000
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474 Sylvan Ave
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