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    443 Fifth Ave Pelham, NY 10803

    Sponsored
    For Sale
    $975,000

    Profitable Pelham Office, 2920 sq ft

    Property size:
    2,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional two-story office building, constructed in 1996, presents a lucrative investment opportunity in the desirable Pelham, NY market. Boasting a generous 2,920+ square feet of gross building area, the property is currently generating income with month-to-month tenant leases. The building features convenient amenities including bathrooms and kitchenettes on each floor. Situated on a 0.12+ acre lot (5,223+ sq ft total), the property benefits from a "Business-3" zoning designation by the Village of Pelham, offering flexibility for future development or expansion. Its prime location, just 15 miles from Manhattan, provides unparalleled access to the city while retaining the charm and tranquility of suburban living. Pelham offers a vibrant community with excellent schools, local businesses, and convenient access to amenities. The town center is easily walkable, featuring cafes, restaurants, shops, and professional services, including fitness centers, medical offices, and a public library. This property is an ideal investment for those seeking a strong return in a thriving and highly sought-after location. The combination of existing income, desirable location, and flexible zoning makes this a truly exceptional opportunity.

    Property Features for 443 Fifth Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,920 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1996
    Property Profile Location Intelligence

    Current Use by Public Records

    Feuerstein Herbert Architect Rose Hill Group ... General Contractor

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Westchester County
    State
    New York
    Longitude
    -73.80613
    Latitude
    40.91838

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    FAQs

    What type of property is this?
    Office Property / Space - Profitable Pelham Office, 2920 sq ft
    Where is this office property / space located?
    The property is located at 443 Fifth Ave Pelham, NY.
    What is the asking price?
    The asking price for this property is $975,000.
    (914) 245-3400
    Request Owner's contact information
    443 Fifth 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
    443 Fifth Ave Pelham, NY 10803
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