Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    45 Oakland Avenue #43 Harrison, NY 10528

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12,800 /Mo

    Contractor's lot with offices and warehouse space for rent.

    Type:Commercial
    Lot size:
    0.33 Acres
    Added:
    May 30, 2025
    Days on Market:
    332
    Last Refresh:
    Apr 5 at 8:24 pm

    Property Features for 45 Oakland Avenue #43

    General Information

    Standard status
    Active
    Lot size
    0.33 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1917

    We can help!

    Listing Contact
    FRANCIS J. MORRIS

    Listing agent FRANCIS J. MORRIS

    Listing office DISTINGUISHED REALTY SERVICES

    Listing date May 30, 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 DISTINGUISHED REALTY SERVICES

    Overview

    Harrison Village Contractor Lot/Offices

    This property offers a unique opportunity in the heart of the Village of Harrison. It is currently used as a contractor's lot with office space. The property includes a stand-alone office building measuring 456 square feet with one bathroom, as well as an additional 250 square feet of office space with a bathroom. The warehouse/garage storage area totals approximately 2,500 square feet. The lot has parking space for 20 trucks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mario Vitti Roofing ... Roofing Company Ed Ensign Contracting Construction Company Superior Heating & Cooling HVAC Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Westchester
    State
    New York
    Longitude
    -73.7098
    Latitude
    40.9666

    Nearby Similar for Lease

    • $7,500/Mo

      Halstead Avenue Commercial Space Available

      Commercial property for lease in high-traffic Harrison location.
      58 Halstead Ave, Harrison, NY, 10528-4115
      View Details
    • $3,900/Mo

      Harrison Rental Near Metro-North

      Two-bedroom rental in Harrison, near Metro-North, all utilities included.
      25 Fremont St 1, Harrison, NY 10528
      View Details
    • Contact for pricing

      Harrison Office Building for Lease

      Trophy office building with amenities and convenient highway access.
      500 Mamaroneck Avenue, Harrison, NY, 10528
      View Details
    • $6,300/Mo

      Modern Harrison Duplex Townhouse ForRent

      Modern 3BR 2.1Bath duplex townhouse near train and shopping.
      69 Ellsworth Ave, Harrison, NY 10528
      View Details
    • Contact for pricing

      Harrison Office Space for Lease

      Office space for lease with excellent visibility and ample parking.
      550 Mamaroneck Ave, Harrison, NY 10528
      View Details
    • Contact for pricing

      New Retail Space Near Metro

      New retail space near Metro North Railroad station entrance.
      310 Halstead Ave, Harrison, NY
      View Details
    • Contact for pricing

      Harrison Office Space For Rent

      Office space with excellent visibility and ample parking available for rent.
      550 Mamaroneck Ave, Harrison, NY
      View Details
    • Contact for pricing

      Retail Space in Harrison, NY

      Retail space available for lease in Harrison, New York.
      33-35 Calvert St, Harrison, NY
      View Details
    • Contact for pricing

      Harrison Office Space For Rent

      Office space with excellent visibility and ample parking available for rent.
      600 Mamaroneck Ave, Harrison, NY
      View Details
    • $32 SF/Yr

      Harrison Executive Park Office Space

      Four-story office complex in Harrison Executive Park for lease.
      3020 Westchester Ave , Harrison, NY
      View Details
    • Contact for pricing

      Retail Space Near Train Station

      Centrally located retail space near Harrison Metro North Train Station.
      341-385 Halstead Ave, Harrison, NY
      View Details
    • Contact for pricing

      Versatile Workspace Solutions Available

      Global network of workspaces with flexible options for rent.
      1 Manhattanville Rd, 1st Floor, Harrison, NY 10577
      View Details

    FAQs

    What type of property is this?
    Warehouse - Contractor's lot with offices and warehouse space for rent.
    Where is this warehouse located?
    The property is located at 45 Oakland Avenue #43 Harrison, NY.
    What is the lease rate?
    The lease rate is $12,800 /Mo.
    What are key features of this property?
    This property features: Large parking capacity: Space for 20 trucks.; Substantial warehouse/garage storage: Approximately 2,500 square feet.; Prime location: In the heart of the Village of Harrison.
    (914) 629-9000
    We can help!
    Listing Contact
    FRANCIS J. MORRIS
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!