Mixed-Use Property with Auto
For Sale
$2,750,000
205-207 Osborne Road, Harrison, NY 10528
Automotive service space and a two-unit residence occupy the same property, combining commercial operations with residential space.
Property Size7,471 SF
Lot Size0.31 Acres
Price / SF$368.09
Days on Market38
Property Features for 205-207 Osborne Road
General Information
Standard status
Active
Size
7,471 SF
Total Parking Spaces
20
Lot size
0.31 Acres
Property subtype
Commercial
Automotive
Service Bays
6
Automotive Uses
collision/body shop, auto repair
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$38,866
Building Details
Building Size
7,471 SF
Buildings
2
Stories
2
Units
3
Listing Agency:
Coldwell Banker Realty
(914) 967-0059
Listed By:
Anthony Bommarito
(914) 434-3460
Source:
Croninreale
Added: Sep 18
Changed: Oct 23
Last Checked: Oct 23 at 3:34PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property includes a 5,500-square-foot automotive building with six service bays and a grandfathered-in spray booth. An additional 1,400 square feet of unfinished upper-level storage sits above the shop. Building systems include 200-amp three-phase electrical service and waste-oil heat. The property also includes a two-family residence totaling 1,938 square feet, with one 3-bedroom, 2-bath unit and a separate 2-bedroom, 1-bath unit. The residence has an unfinished basement and separate 100-amp electrical service.
The 0.31-acre site at 205-207 Osborne Road in Harrison, New York, provides parking for more than 20 vehicles. The sale includes the operating body and mechanic shop, its inventory, equipment, and the real estate. The automotive business has operated for over 40 years.
The 0.31-acre site at 205-207 Osborne Road in Harrison, New York, provides parking for more than 20 vehicles. The sale includes the operating body and mechanic shop, its inventory, equipment, and the real estate. The automotive business has operated for over 40 years.
Key Highlights
- 5,500 SF automotive building with 6 service bays
- Grandfathered‑in spray booth
- 1,400 SF of unfinished upper‑level storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,970
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,159,400
$3.2M
Cap Rate 7%
$2,256,714
$2.3M
Cap Rate 9%
$1,755,222
$1.8M
Market Conditions
NOI Build-Up for 7,471 SF
Gross rent
$260.0K $34.80/SF
− Vacancy
−$34.3K −$4.59/SF
EGI
$225.7K $30.21/SF
− OpEx
−$67.7K −$9.06/SF
NOI
$158.0K $21.14/SF
Area
Westchester County, NY
Vacancy
13.20%
Lease Rate
$34.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,159,400
Cap Rate 7%
$2,256,714
Cap Rate 9%
$1,755,222
Alternative Uses
Best Use
Retail
$2.26M
$1.97M – $2.63M
NOI $157,970 @ 7.0% cap · market cap 5.74%
Second Best
Multifamily LT 5
$2.08M
$1.82M – $2.43M
NOI $145,520 @ 7.0% cap · market cap 5.29%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Service bays
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Explore this area
Business Placement
Demographics for 10528, NY
13,108
Population
5,101
Households
2.6
Avg Household Size
40
Median Age
58%
College-Educated
94%
High-School Grad
3.8 sq mi
ZIP Area
3,449
Density / Sq Mi
$151,193
Median Household Income
$73,327
Median Earnings
$2,683
Median Rent
$934,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Automotive service space and a two-unit residence occupy the same property, combining commercial operations with residential space.
Where is this mixed-use property located?
The property is located at 205-207 Osborne Road Harrison, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 5,500 SF automotive building with 6 service bays; Grandfathered‑in spray booth; 1,400 SF of unfinished upper‑level storage
