Industrial Flex Condo with Mezzanine
581 N State Rd 6 Briarcliff Manor, NY 10510
581 N State Rd 6, Briarcliff Manor, NY, 10510
$1,000,000
For Sale
$1,000,000
Standalone flex condo with two overhead doors, mezzanine office, workshop/storage, and onsite parking in a GB zone.
Property Size4,560 SF
Price / SF$219.30
Days on Market33
Property Features for 581 N State Rd 6
General Information
- Standard status
- Active
- Size
- 4,560 SF
- Property subtype
- Industrial
Listing agency
Houlihan Lawrence Commercial
(914) 960-9148
Listed by
Rich Aponte · License #10301200070
(914) 960-9148
Source
Elliman
Added: Jun 19 Updated: Jul 10 at 4:01PM Checked: Jul 21 at 8:54AM
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 Houlihan Lawrence Commercial
Investment Insights
Based on property information with market context.
This standalone industrial flex condo offers a practical mix of warehouse and office space. The layout includes ground-floor space plus a 2nd-level mezzanine office, along with dedicated workshop and storage areas. Interior improvements include a conference room, men’s and women’s restrooms, and a mechanical room. Two overhead doors support loading and day-to-day operational access, while onsite parking is provided for occupants and visitors.
Located at 581 N State Rd 6 in Briarcliff Manor, the property is zoned GB. The GB zoning is described as accommodating retail stores and shops with a substantial retail component, fully enclosed storage, warehouse and assembly activities, and personal service establishments. The zoning also supports eating and drinking establishments excluding fast food, business/professional and governmental offices, and several community-oriented uses such as clubs and fraternal lodges, funeral homes, and child-care and elder-care facilities.
For tenants and owners seeking an industrial-flex arrangement, the combination of overhead-door access and built-in office space can support operations that need both work areas and customer-facing or administrative space. The conference room and restrooms provide straightforward functionality for in-house teams, while the enclosed storage and workshop areas align with a range of GB-permitted commercial uses.
Located at 581 N State Rd 6 in Briarcliff Manor, the property is zoned GB. The GB zoning is described as accommodating retail stores and shops with a substantial retail component, fully enclosed storage, warehouse and assembly activities, and personal service establishments. The zoning also supports eating and drinking establishments excluding fast food, business/professional and governmental offices, and several community-oriented uses such as clubs and fraternal lodges, funeral homes, and child-care and elder-care facilities.
For tenants and owners seeking an industrial-flex arrangement, the combination of overhead-door access and built-in office space can support operations that need both work areas and customer-facing or administrative space. The conference room and restrooms provide straightforward functionality for in-house teams, while the enclosed storage and workshop areas align with a range of GB-permitted commercial uses.
Key Highlights
- 4560 SF standalone industrial flex condo with ground floor and 2nd level mezzanine office space
- Includes two overhead doors for warehouse/flex access
- Features workshop and storage areas plus a conference room
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.6k | $19.20 |
| − Vacancy | −$5.3k | −$1.17 |
| EGI | $82.2k | $18.03 |
| − OpEx | −$12.3k | −$2.70 |
| NOI | $69.9k | $15.32 |
4,560 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$998.3K
$873.5K – $1.16M
NOI $69,880 @ 7.0% cap · market cap 6.99%
Second Best
Office B
$997.5K
$872.9K – $1.16M
NOI $69,828 @ 7.0% cap · market cap 6.98%
Theoretical Best
Retail
$1.38M
$1.21M – $1.61M
NOI $96,419 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fred's Auto Repair ...
Auto Repair Shop
George's Auto body
Auto Repair Shop
Don's Auto Body ...
Auto Repair Shop
Briarcliff Manor Auto ...
Auto Repair Shop
Haldean Inc
Production Facility
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Standalone flex condo with two overhead doors, mezzanine office, workshop/storage, and onsite parking in a GB zone.
Where is this flex space located?
The property is located at 581 N State Rd 6 Briarcliff Manor, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4560 SF standalone industrial flex condo with ground floor and 2nd level mezzanine office space; Includes two overhead doors for warehouse/flex access; Features workshop and storage areas plus a conference room
