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    421 5Th Ave, Unit 2 Pelham, NY 10803

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    For Lease
    $4,500 /Mo

    Versatile spaces with office, storage, and automotive capabilities.

    Property Features for 421 5Th Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1978

    Source: RAND COMMERCIAL Agent RICHARD A. GUTNER

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office and Automotive Space Available

    This property benefits from its location, offering proximity to the highway and major connections. The building includes two spaces. The first space, located at the front of the building, provides office space and storage, complemented by off-street parking. This space is move-in ready. The second space is situated at the rear of the building and features a heated two-bay, double-door garage with capacity for 3–4 cars. This space is suitable for shipping and receiving, or automotive use. The property is suited for a growing business requiring office space, storage, and parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Pelham
    County
    Westchester
    State
    New York
    Longitude
    -73.8068117
    Latitude
    40.9175322

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    FAQs

    What type of property is this?
    Office space - Versatile spaces with office, storage, and automotive capabilities.
    Where is this office space located?
    The property is located at 421 5Th Ave, Unit 2 Pelham, NY.
    What are key features of this property?
    This property features: - Prime location with close proximity to the highway and major connections.; - Two versatile spaces within one property.; - Turn-key office space with storage and ample off-street parking.
    Request Owner's contact information
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    Pelham, NY 10803
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    Realmo Value Estimation

    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.

    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.

    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
    421 5Th Ave, Unit 2 Pelham, NY 10803
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