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Medical Office Condominium

100 S Highland Avenue #6, Ossining, NY 10562

For Sale
New
$150,000

The first-floor unit includes two rooms, a private restroom, and dental laboratory equipment.

Property Size800 SF
Price / SF$187.50
Days on Market4

Property Features for 100 S Highland Avenue #6

General Information

Standard status Active
Size 800 SF
Property subtype Commercial

Space & Availability

Floor First Floor
Condition Turnkey
Furnished Yes

Additional Details

Asking Price $150,000
Public Transit Yes
Office Units 1
Property Use Dental Laboratory
Medical Specialty dental

Taxes and HOA fees

Annual Taxes $2,176

Amenities

accessible entrance
Central air
Central Air Cooling
Ducts Heating
Natural Gas Heating

Building Details

Tenancy Multi
Listing Agency: MCGRATH PREMIER REAL ESTATE
Listed By: CLAYTON C. LIVINGSTON · License #30LI0772064
Source: Corcoran
Added: Nov 6 Changed: Nov 8 Last Checked: Nov 8 at 2:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MCGRATH PREMIER REAL ESTATE

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 800-square-foot medical office condominium is on the first floor of a medical and professional office building. Its layout includes two rooms and a private restroom, with an accessible entrance. Existing furniture, fixtures, and specialized dental laboratory equipment are included; the unit is currently arranged for dental laboratory use.

Located at 100 S Highland Avenue in Ossining, the property has on-site parking. Bus service runs in front of the building, and the Metro-North station is within walking distance. Any proposed use is subject to applicable condominium and municipal approvals.

Key Highlights

  • 800‑square‑foot first‑floor medical office condominium
  • Two rooms and a private restroom
  • Accessible entrance and on‑site parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,032
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,640 $260.6K
Cap Rate 7%
$186,171 $186.2K
Cap Rate 9%
$144,800 $144.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$24.0K $30.00/SF
− Vacancy
−$2.3K −$2.85/SF
EGI
$21.7K $27.15/SF
− OpEx
−$8.7K −$10.86/SF
NOI
$13.0K $16.29/SF
Area
Westchester County, NY
Vacancy
9.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,640
Cap Rate 7%
$186,171
Cap Rate 9%
$144,800

Alternative Uses

Best Use
Healthcare Medical
$186.2K
$162.9K – $217.2K (±1% cap)
NOI $13,032 @ 7.0% cap · market cap 8.69%
Second Best
Office B
$175.0K
$153.1K – $204.2K (±1% cap)
NOI $12,251 @ 7.0% cap · market cap 8.17%
Theoretical Best
Specialty Retail
$528.9K
$462.8K – $617.1K (±1% cap)
NOI $37,026 @ 7.0% cap · market cap 24.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

First Call Dynamic ... Logistics Company Present Wisdom Yoga Gym & Fitness Center JOSHUA L FOX Physician CARL SOLOWEY Physician AZA LEFKOWITZ Physician

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

801
Businesses Nearby
Under-served
Demand for This Use

Demographics for 10562, NY

34,252
Population
12,745
Households
2.7
Avg Household Size
40
Median Age
46%
College-Educated
87%
High-School Grad
13.5 sq mi
ZIP Area
2,537
Density / Sq Mi
$113,069
Median Household Income
$53,499
Median Earnings
$2,118
Median Rent
$486,700
Median Home Value

Market

Properties on Market for Medical Office Space in Westchester County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Similar Off Market Nearby

  • Zymet Animal Hospital — 61 Wolden Rd, Ossining, NY 10562
  • Westchester Mobile Veterinary Service, PLLC — 1858 Pleasantville Rd #150, Briarcliff Manor, NY 10510

Frequently Asked Questions

What type of property is this?
Medical Office Space - The first-floor unit includes two rooms, a private restroom, and dental laboratory equipment.
Where is this medical office space located?
The property is located at 100 S Highland Avenue #6 Ossining, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 800‑square‑foot first‑floor medical office condominium; Two rooms and a private restroom; Accessible entrance and on‑site parking
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