Listing Agency: CBRE | Stamford w***@cbre.com Show Phone

Listed By: William Cuddy, Jr. Show Phone

Source: Cbre

Added: Mar 25 Changed: Jul 6 Last Checked: Aug 8 at 3:36AM

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Investment Insights

Based on property information with market context.

This self-storage facility features 328 climate-controlled units. It is located within minutes of the new 92-unit, luxury St. Regis condominium development in Rye and Avalon’s 143-unit transit-oriented development at the Harrison Metro-North Train Station. The property abuts the New York State Thruway (Interstate-95) along the rear property line and Gagliardo Park to the north. Several commercial uses, such as an automotive repair shop, a print shop, and a carpet retailer, are located immediately across Nursery Lane. It is the only existing self-storage facility in the city of Rye, an area with an average household income of $295,000. There is potential to add square footage by adding a basement. Much of the soft cost work has already been completed. The property size is 40960 square feet.

Key Highlights

• Only existing self storage facility in the city of Rye, NY
• Located in one of the wealthiest areas in the country ($295,000 average household income in the City of Rye)
• Features 328 climate controlled units

Property Analytics

Property Profile

Current Use

Gagliardo Park Park

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Restaurant Auto Parts Store Pharmacy Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,333

Businesses Nearby

Explore this area Business Placement

Demographics for 10580, NY

18,268

Population

6,614

Households

2.8

Avg Household Size

42

Median Age

81%

College-Educated

98%

High-School Grad

8.4 sq mi

ZIP Area

2,175

Density / Sq Mi

$242,015

Median Household Income

$109,510

Median Earnings

$2,764

Median Rent

$1,834,100

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Self storage facility - Self-storage facility with 328 climate-controlled units in a wealthy area.

Where is this self storage facility located?

The property is located at 21 Nursery Lane Rye, NY.

What are key features of this property?

This property features: Only existing self storage facility in the city of Rye, NY; Located in one of the wealthiest areas in the country ($295,000 average household income in the City of Rye); Features 328 climate controlled units