30 Croton River Rd, Ossining, NY 10562
For Sale
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This exceptional investment opportunity presents a four-building warehouse complex ideally situated in Ossining, Westchester County, New York. The property, encompassing 1.5 acres at 30 Croton River Rd, 10562, boasts a total of 15,278 square feet of industrial space, currently generating significant rental income. The complex comprises three warehouses, each with unique features. Warehouse #1, a heated 7,500 square-foot structure, features 25-foot ceilings, a Speedrack storage mezzanine, two loading docks, and a 14-foot drive-in door. Warehouse #2, a heated 4,000-square-foot building, includes one loading dock and one drive-in door. Warehouse #3, measuring 2,560 square feet, is connected to Warehouse #2 and offers a loading dock and drive-in door. Two of these warehouses are currently leased, with one boasting a newly installed roof. Adding to the property's value is a separate 1,218-square-foot office building with storage and a newer roof equipped with solar panels. A substantial 200 x 50 foot commercial parking lot, also currently leased, completes this offering. The property is zoned GB-1 and offers five dock-high doors in total. The asking price is $3,500,000, representing a price per square foot of $229.09 and a price per unit of $875,000. This complex provides immediate cash flow, flexible layouts, and excellent access to major transportation arteries, including Route 9/9A, the Mario Cuomo Bridge, and Route 684, placing it within a 40-minute commute of New York City. This property is perfect for distributors, moving companies, and investors seeking a strong return. Built between 1950 and 1984, the buildings are one story each.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.