Flex Space with Roll-Up
For Sale
Contact for pricing
530 Tarrytown Road, Greenburgh, NY 10607
Rear-positioned basement space includes central heating and air conditioning.
Property Size15,750 SF
Price / SF$0.34
Days on Market27
Property Features for 530 Tarrytown Road
General Information
Standard status
Active
Size
15,750 SF
Property subtype
Industrial
Additional Details
Road Access
Yes
Amenities
central heat and a/c
12 by 10 rollup garage door
Building Details
Year Built
1970
Listing Agency:
Gagliardi Realty, Inc.
(914) 747-0890
Listed By:
Nicholas Gagliardi · License #31GA0774351
Source:
Neilcharlesrealestate
Added: Oct 5
Changed: Oct 30
Last Checked: Oct 30 at 2:06AM
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 Gagliardi Realty, Inc.
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Investment Insights
Based on property information with market context.
The flex space is located in the rear basement of the building and has central heat and air conditioning. A 12 by 10 roll-up garage door provides an additional physical feature. The building was constructed in 1970.
The property is at 530 Tarrytown Road in Greenburgh, identified as the Town of Greenburgh and served by the White Plains post office. Tarrytown Road is also Route 119.
The property is at 530 Tarrytown Road in Greenburgh, identified as the Town of Greenburgh and served by the White Plains post office. Tarrytown Road is also Route 119.
Key Highlights
- 12 by 10 roll‑up garage door
- Central heat and air conditioning
- Rear basement position
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$223,613
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,472,260
$4.5M
Cap Rate 7%
$3,194,471
$3.2M
Cap Rate 9%
$2,484,589
$2.5M
Market Conditions
NOI Build-Up for 15,750 SF
Gross rent
$340.2K $21.60/SF
− Vacancy
−$20.8K −$1.32/SF
EGI
$319.4K $20.28/SF
− OpEx
−$95.8K −$6.08/SF
NOI
$223.6K $14.20/SF
Area
Westchester County, NY
Vacancy
6.10%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,472,260
Cap Rate 7%
$3,194,471
Cap Rate 9%
$2,484,589
Alternative Uses
Best Use
Warehouse
$3.45M
$3.02M – $4.02M
NOI $241,361 @ 7.0% cap · market cap 4,473.79%
Second Best
Flex RnD
$3.40M
$2.97M – $3.96M
NOI $237,838 @ 7.0% cap · market cap 4,408.49%
Theoretical Best
Retail
$4.76M
$4.16M – $5.55M
NOI $333,026 @ 7.0% cap · market cap 6,172.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10607, NY
7,441
Population
2,291
Households
3.2
Avg Household Size
44
Median Age
53%
College-Educated
88%
High-School Grad
2.1 sq mi
ZIP Area
3,543
Density / Sq Mi
$161,250
Median Household Income
$85,169
Median Earnings
$2,303
Median Rent
$624,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Network Realty — 158 E Main St, Elmsford, NY 10523
- Belcher Catering, LLC — 7 Old Knollwood Rd, Elmsford, NY 10523
Frequently Asked Questions
What type of property is this?
Flex space - Rear-positioned basement space includes central heating and air conditioning.
Where is this flex space located?
The property is located at 530 Tarrytown Road Greenburgh, NY.
What are key features of this property?
This property features: 12 by 10 roll‑up garage door; Central heat and air conditioning; Rear basement position
