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    504 5Th Ave Pelham, NY 10803

    Sponsored
    For Sale
    $1,098,000

    Business - Pelham, NY

    Type:Business
    Property size:
    1,915 SF
    Lot size:
    0.05 Acres
    Days on Market:
    390
    Last Refresh:
    Jan 9 at 12:06 pm

    Property Features for 504 5Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commerical
    APN
    4403-159-077-00001-000-0021
    Size
    1,915 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1980
    Number of units
    1
    Architectural style
    Other

    Capital Realty NY, LLC (917) 842-5552 [email protected]

    Listing agent Maurice Owen-Michaane (917) 842-5552 License #10491205580

    Listing date Dec 16, 2024

    MLS# H6258614 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Space in Vibrant Pelham

    This commercial space is located in Pelham, offering an opportunity for businesses seeking a prime location. The space benefits from a well-established tenant, ensuring foot traffic and a customer base. The property is situated in a suburban town, benefiting from a vibrant atmosphere and proximity to a diverse community. The commercial space provides the flexibility to accommodate a variety of business types, such as a boutique, restaurant, or office space. The location benefits from a steady stream of customers attracted to the area by neighboring businesses, events, and local attractions. The open layout allows for customization and adaptation to suit specific business needs. The property is near restaurants, including Sergios, cafes, boutique shops, and fitness centers. Pelham's community supports local businesses, providing a welcoming environment for entrepreneurs and fostering growth opportunities. The lot size is 0.0545 acres, and the living area is 1915 square feet. There is the possibility of larger development, with the right to build a 2nd floor. There is potential for residential development with Pelham BDFZ law.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Westchester
    State
    New York
    Longitude
    -73.8053157
    Latitude
    40.9187618

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    FAQs

    What type of property is this?
    Retail space - Prime commercial space with established tenant in Pelham, New York.
    Where is this retail space located?
    The property is located at 504 5Th Ave Pelham, NY.
    What is the asking price?
    The asking price for this property is $1,098,000.
    What are key features of this property?
    This property features: - Prime Location: Situated in the heart of a sought-after suburban town with high foot traffic.; - Development Potential: As of right to build a 2nd floor. Potential for residential development with Pelham BDFZ law.; - Established Tenant: Guarantees a steady flow of income and a built-in customer base.
    (917) 842-5552
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    504 5Th Ave Pelham, NY 10803
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 5Th Ave Pelham, NY 10803
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