Automotive Service Redevelopment
For Sale
$975,000
3167 Albany Post Road, Buchanan, NY 10511
Commercial parcel with an established automotive service building and frontage along Albany Post Road for redevelopment.
Lot Size0.60 Acres
Days on Market193
Property Features for 3167 Albany Post Road
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,000 SF
Buildings
1
Listing Agency:
Houlihan Lawrence Inc.
(914) 420-5550
Listed By:
Kenneth Lefkowitz
(914) 420-5550
Source:
Cohenandcohenrealty
Added: Jan 19
Changed: Jul 29
Last Checked: Jul 30 at 12:22PM
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 Houlihan Lawrence Inc.
Investment Insights
Based on property information with market context.
The property at 3167 Albany Post Road is a 0.60-acre commercial parcel that includes an established automotive service building. It is being offered for redevelopment beyond its past automotive use, with the site described as suitable for new retail, office, residential, or hybrid commercial concepts.
The property features frontage along Albany Post Road, with access described as convenient to Route 9 and surrounding Westchester communities. The remarks also indicate the site has flexible zoning supporting a broad range of commercial and mixed-use development possibilities.
Overall, this is a redevelopment-focused commercial parcel along a major corridor, offered as a straightforward assembly for developers, investors, or owner-users considering a modern mixed-use direction.
The property features frontage along Albany Post Road, with access described as convenient to Route 9 and surrounding Westchester communities. The remarks also indicate the site has flexible zoning supporting a broad range of commercial and mixed-use development possibilities.
Overall, this is a redevelopment-focused commercial parcel along a major corridor, offered as a straightforward assembly for developers, investors, or owner-users considering a modern mixed-use direction.
Key Highlights
- 0.60‑acre commercial parcel at 3167 Albany Post Road in Buchanan’s commercial corridor.
- Established automotive service building on‑site, offering redevelopment with a changed use.
- Frontage along Albany Post Road with access to Route 9 and nearby Westchester communities.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.6k | $34.80 |
| − Vacancy | −$9.2k | −$4.59 |
| EGI | $60.4k | $30.21 |
| − OpEx | −$18.1k | −$9.06 |
| NOI | $42.3k | $21.14 |
2,000 SF · lease $34.80/SF/yr · vacancy 13.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$604.1K
$528.6K – $704.8K
NOI $42,289 @ 7.0% cap · market cap 4.34%
Second Best
Industrial
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 2.91%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
7k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
6,827 visits/mo
0.1 miles
Demographics for 10511, NY
2,369
Population
849
Households
2.8
Avg Household Size
42
Median Age
46%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
1,579
Density / Sq Mi
$127,375
Median Household Income
$65,441
Median Earnings
$1,670
Median Rent
$492,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Little Bear Wheel Alignment Inc — 3160 Albany Post Rd, Buchanan, NY 10511
- Caliber Imports — 31 Victoria Ave, Montrose, NY 10548
- Montrose Auto Body — 3 Trolley Rd, Montrose, NY 10548
- American Cycle & Tire — 2129 Albany Post Rd, Montrose, NY 10548
- Gallon Measure — 3106 Albany Post Rd, Buchanan, NY 10511
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial parcel with an established automotive service building and frontage along Albany Post Road for redevelopment.
Where is this auto shop located?
The property is located at 3167 Albany Post Road Buchanan, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 0.60‑acre commercial parcel at 3167 Albany Post Road in Buchanan’s commercial corridor.; Established automotive service building on‑site, offering redevelopment with a changed use.; Frontage along Albany Post Road with access to Route 9 and nearby Westchester communities.
