Medical Office Property with Dental
For Sale
$2,500,000
2-116 N Central Avenue, Greenburgh, NY 10530
Two-building configuration includes an existing dental-office layout and on-site parking.
Property Size4,825 SF
Price / SF$518.13
Days on Market62
Property Features for 2-116 N Central Avenue
General Information
Standard status
Active
Size
4,825 SF
Total Parking Spaces
15
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$21,928
Building Details
Buildings
2
Stories
2
Listing Agency:
New Concept Sheiks Realty Inc.
(718) 320-4700
Listed By:
Sheik Khan · License #10311203596
(914) 733-2168
Source:
Exprealty
Added: Aug 15
Changed: Oct 7
Last Checked: Oct 15 at 3:00AM
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 New Concept Sheiks Realty Inc.
Investment Insights
Based on property information with market context.
This medical office property comprises approximately 4, 825 square feet across two stories and two buildings. The existing interior configuration is suited to dental or other medical professional use, with a layout that can support continued clinical operations or adaptation for a related practice.
The property is located in Hartsdale within Greenburgh, NY, and includes approximately 15 on-site parking spaces. Its position along N Central Avenue provides direct street exposure for a professional office user.
The property is located in Hartsdale within Greenburgh, NY, and includes approximately 15 on-site parking spaces. Its position along N Central Avenue provides direct street exposure for a professional office user.
Key Highlights
- Approximately 4, 825 sf across two stories and two buildings
- Existing dental office layout
- Medical professional office property in Hartsdale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,599
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,571,980
$1.6M
Cap Rate 7%
$1,122,843
$1.1M
Cap Rate 9%
$873,322
$873.3K
Market Conditions
NOI Build-Up for 4,825 SF
Gross rent
$144.8K $30.00/SF
− Vacancy
−$13.8K −$2.85/SF
EGI
$131.0K $27.15/SF
− OpEx
−$52.4K −$10.86/SF
NOI
$78.6K $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%
$1,571,980
Cap Rate 7%
$1,122,843
Cap Rate 9%
$873,322
Alternative Uses
Best Use
Healthcare Medical
$1.12M
$982.5K – $1.31M
NOI $78,599 @ 7.0% cap · market cap 3.14%
Second Best
Office B
$1.06M
$923.6K – $1.23M
NOI $73,886 @ 7.0% cap · market cap 2.96%
Theoretical Best
Retail
$1.46M
$1.28M – $1.70M
NOI $102,022 @ 7.0% cap · market cap 4.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10530, NY
13,037
Population
6,795
Households
1.9
Avg Household Size
50
Median Age
65%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,343
Density / Sq Mi
$118,114
Median Household Income
$75,575
Median Earnings
$2,334
Median Rent
$445,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hartsdale Veterinary Hospital — 193 E Hartsdale Ave, Hartsdale, NY 10530
- Petco Vaccination Clinic — 324 N Central Ave, Hartsdale, NY 10530
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two-building configuration includes an existing dental-office layout and on-site parking.
Where is this medical office space located?
The property is located at 2-116 N Central Avenue Greenburgh, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 4, 825 sf across two stories and two buildings; Existing dental office layout; Medical professional office property in Hartsdale
