Industrial Building
For Sale
Contact for pricing
107 FAIRVIEW PK DR, Elmsford, NY 10523
Building-only leasehold offering in Elmsford, New York.
Property Size15,600 SF
Price / SF$255.38
Days on Market186
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 107 FAIRVIEW PK DR
General Information
Standard status
Active
Size
15,600 SF
Total Parking Spaces
26
Property subtype
Industrial
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$258,958
Building Details
Year Built
1969
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
Jason Powell · License #GA 313490
Source:
Crexi
Added: Apr 13
Changed: Oct 4
Last Checked: Oct 14 at 10:55PM
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 Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This offering consists of an industrial building held through a leasehold interest, with the transaction limited to the building rather than the underlying land. The property is located at 107 Fairview Park Dr in Elmsford, New York.
Key Highlights
- Building‑only leasehold interest
- 107 Fairview Park Dr, Elmsford, NY 10523
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$221,484
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,429,680
$4.4M
Cap Rate 7%
$3,164,057
$3.2M
Cap Rate 9%
$2,460,933
$2.5M
Market Conditions
NOI Build-Up for 15,600 SF
Gross rent
$337.0K $21.60/SF
− Vacancy
−$20.6K −$1.32/SF
EGI
$316.4K $20.28/SF
− OpEx
−$94.9K −$6.08/SF
NOI
$221.5K $14.20/SF
Area
Westchester County, NY
Vacancy
6.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,429,680
Cap Rate 7%
$3,164,057
Cap Rate 9%
$2,460,933
Alternative Uses
Best Use
Industrial
$3.16M
$2.77M – $3.69M
NOI $221,484 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$4.71M
$4.12M – $5.50M
NOI $329,854 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 10523, NY
9,489
Population
3,727
Households
2.5
Avg Household Size
37
Median Age
51%
College-Educated
91%
High-School Grad
3.6 sq mi
ZIP Area
2,636
Density / Sq Mi
$115,809
Median Household Income
$64,776
Median Earnings
$3,004
Median Rent
$526,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial property - Building-only leasehold offering in Elmsford, New York.
Where is this industrial property located?
The property is located at 107 FAIRVIEW PK DR Elmsford, NY.
What is the asking price?
The asking price for this property is $3,983,969.
What are key features of this property?
This property features: Building‑only leasehold interest; 107 Fairview Park Dr, Elmsford, NY 10523
