Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Convenient Office Space Near Transportation Title is generated by Realmo AI

    27 Cleveland Street, Valhalla, NY 10595

    View on Map
    Claim this Listing
    For Lease
    $1,650 /Mo

    Flexible office space near train, restaurants, and shops.

    Type:Commercial
    Lot size:
    0.11 Acres
    Added:
    Oct 27, 2025
    Days on Market:
    222
    Last Refresh:
    Apr 5 at 11:29 pm

    Property Features for 27 Cleveland Street

    General Information

    Standard status
    Active
    Lot size
    0.11 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    CLAYTON C. LIVINGSTON
    CLAYTON C. LIVINGSTON

    Listing agent CLAYTON C. LIVINGSTON License #30LI0772064

    Listing office MCGRATH PREMIER REAL ESTATE

    Listing date Oct 27, 2025

    Source Corcoran

    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 MCGRATH PREMIER REAL ESTATE

    HighLights

    • Unbeatable convenience for commuters, just one block from the Metro‑North train station.
    • Ideally located near the post office, restaurants, and shops.
    • Flexible leasing options with space available on two of the three levels for single or multi‑floor occupancy.
    • Open floor plan combined with private offices and conference room/kitchenette area creates a flexible workspace.
    • Ready for immediate occupancy.
    • Open areas suitable for workstations, meeting rooms, or creative studios.

    Overview

    This property is ideally located by the post office and one block from the Metro-North train station. The location offers convenient access for commuters and clients. Restaurants, shops, and local establishments are within walking distance. Space is available on two of the building's three levels, offering the option to lease one or both floors, depending on space requirements. Each level provides open areas suitable for workstations, meeting rooms, or creative studios. The property features an open floor plan combined with private offices and a conference room/kitchenette area, creating a flexible workspace. The property is ready for immediate occupancy. Utilities are not included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Keep Insurance Agency Insurance Agency Agents' Advantage, Inc. Insurance Agency MAC Insurance Agency Insurance Agency Co insurance Associates ... Insurance Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Valhalla
    County
    Westchester
    State
    New York
    Longitude
    -73.7725
    Latitude
    41.0744

    Nearby Similar for Lease

    • $3,900/Mo
      1,200 SF

      Valhalla Office Space for Lease

      1,200 sq. ft. mixed-use property ideal for various businesses.
      118 Columbus Avenue, Valhalla, NY 10595
      View Details
    • $12 SF/Yr

      Spacious Valhalla Duplex Apartment

      Versatile 4-bedroom duplex with modern amenities in a private home.
      128 Lakeview Ave, Valhalla, NY 10595
      View Details
    • $27 SF/Yr
      4,941 SF

      Valhalla Office Space Available

      Office space for rent with convenient highway access.
      100 Summit Lake Dr, Valhalla, NY
      View Details
    • Contact for pricing
      5,527 SF

      Valhalla Office Space for Rent

      Office space available in Valhalla, NY with ample parking.
      117 E Stevens Ave, Valhalla, NY
      View Details
    • Contact for pricing
      3,055 SF

      Valhalla Medical/Office Space for Lease

      Medical and office spaces available for lease in Valhalla.
      465 Columbus Ave, Valhalla, NY
      View Details
    • $27 SF/Yr
      29,756 SF

      Prestigious Office Park for Lease

      Three-building office park with amenities on 102 acres.
      500 Summit Lake Dr, Valhalla, NY
      View Details
    • Contact for pricing
      4,268 SF

      Valhalla Office Space for Rent

      Office space available in Valhalla, NY with ample parking.
      115 E Stevens Ave, Valhalla, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Flexible office space near train, restaurants, and shops.
    Where is this office units located?
    The property is located at 27 Cleveland Street Valhalla, NY.
    What is the lease rate?
    The lease rate is $1,650 /Mo.
    What are key features of this property?
    This property features: Unbeatable convenience for commuters, just one block from the Metro‑North train station.; Ideally located near the post office, restaurants, and shops.; Flexible leasing options with space available on two of the three levels for single or multi‑floor occupancy.
    (914) 666-7792
    We can help!
    Listing Contact
    CLAYTON C. LIVINGSTON
    CLAYTON C. LIVINGSTON
    Real Estate License ID: 30LI0772064
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    27 Cleveland Street, Valhalla, NY 10595
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!