Three-Story Office
For Sale
Contact for pricing
25 7th Street, Pelham, NY 10803
Detached office property with elevator service, dedicated restrooms on every floor, and substantial off-street parking.
Property Size7,302 SF
Lot Size0.28 Acres
Price / SF$376.61
Days on Market85
Property Features for 25 7th Street
General Information
Standard status
Active
Size
7,302 SF
Total Parking Spaces
21
Elevators
Yes
Lot size
0.28 Acres
Property subtype
Office
Zoning
Business-3
Taxes and HOA fees
Annual Taxes
$52,428
Building Details
Building Size
7,302 SF
Year Built
1998
Buildings
1
Stories
3
Tenancy
Single
Owner Occupied
Yes
Listing Agency:
Coldwell Banker Realty
Listed By:
Raymond Poppe
(203) 733-9552
Source:
Totallywestchester
Added: Jul 13
Changed: Oct 5
Last Checked: Oct 4 at 5:05PM
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
Investment Insights
Based on property information with market context.
This detached office building contains 7,302+ SF across three stories and was constructed in 1998. The property is currently owner occupied and includes a reception area, an elevator serving each level, and a restroom on every floor. The building sits on a 100' X 120' corner lot with more than 21 off-street parking spaces.
Zoned Business-3 District by the Village of Pelham, the property is located at 25 7th Street in Pelham, NY. Major hospitals are within a 10-minute drive, while Manhattan is approximately 15 miles away. An adjoining property on Fifth Ave is also offered for sale.
Zoned Business-3 District by the Village of Pelham, the property is located at 25 7th Street in Pelham, NY. Major hospitals are within a 10-minute drive, while Manhattan is approximately 15 miles away. An adjoining property on Fifth Ave is also offered for sale.
Key Highlights
- 7,302+ SF detached office building constructed in 1998
- Three‑story layout with elevator access to all floors
- Reception area and one restroom on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,817
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,236,340
$2.2M
Cap Rate 7%
$1,597,386
$1.6M
Cap Rate 9%
$1,242,411
$1.2M
Market Conditions
NOI Build-Up for 7,302 SF
Gross rent
$200.7K $27.48/SF
− Vacancy
−$51.6K −$7.06/SF
EGI
$149.1K $20.42/SF
− OpEx
−$37.3K −$5.10/SF
NOI
$111.8K $15.31/SF
Area
Westchester County, NY
Vacancy
25.70%
Lease Rate
$27.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,236,340
Cap Rate 7%
$1,597,386
Cap Rate 9%
$1,242,411
Alternative Uses
Best Use
Office B
$1.60M
$1.40M – $1.86M
NOI $111,817 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$2.21M
$1.93M – $2.57M
NOI $154,397 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Explore this area
Business Placement
Demographics for 10803, NY
13,255
Population
4,360
Households
3
Avg Household Size
40
Median Age
74%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
6,025
Density / Sq Mi
$212,288
Median Household Income
$97,447
Median Earnings
$2,242
Median Rent
$961,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Detached office property with elevator service, dedicated restrooms on every floor, and substantial off-street parking.
Where is this office building located?
The property is located at 25 7th Street Pelham, 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: 7,302+ SF detached office building constructed in 1998; Three‑story layout with elevator access to all floors; Reception area and one restroom on each floor
