Office & Warehouse Flex
560 Bradley Hill Rd W Blauvelt, NY 10913
For Sale
$3,199,000
11,700 SF building on 45,000 SF lot for sale.
Property Size11,700 SF
Lot Size1.03 Acres
Price / SF$273.42
Days on Market95
Property Features for 560 Bradley Hill Rd W
General Information
Standard status
Active
Size
11,700 SF
Lot size
1.03 Acres
Property subtype
Commercial
Building Details
Year Built
2001
Listing Agency:
NOVA NORTH COMMERCIAL
(201) 390-6884
Listed By:
Beth A. Reichgott
(201) 390-6884
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 28 at 11:53AM
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 NOVA NORTH COMMERCIAL
Investment Insights
Based on property information with market context.
This 11,700 square foot building, constructed in 2000 and meticulously maintained by its original owner of over 25 years, is currently utilized as office and warehouse space. Situated on a 45,000 square foot lot, the property is located in an LOI zone, which allows for schools, labs, professional offices, and municipal use by right. The building features four units ranging from 2400 to 3450 square feet, each equipped with multiple restrooms, kitchenettes, and conference areas. The units and warehouse spaces can be easily combined. Each unit includes a 10 x 10 roll-up/drive-in door, 14-foot clear ceilings, and sprinklers. The warehouse areas are heated. There is parking available for 23 vehicles. Each unit has 200A, 3 phase 120/208V power. The property has municipal water and sewer. New HVAC units were installed in 2024. The property offers easy access from Route 303 and is located 1 mile from Route 59 and under 2 miles from the NY Thruway. It is suitable for an owner/occupier or investor. The property is currently occupied by original month-to-month tenants.
Key Highlights
- Flexible LOI Zoning: Allows for schools, labs, professional offices, and municipal use 'By Right'.
- Multi‑Unit Structure: Four units (2400 SF – 3450 SF) with multiple restrooms, kitchenettes, and conference areas, easily combined.
- Warehouse Features: 10 x 10 Roll‑up/Drive‑in doors in each unit, 14 ft clear ceilings, sprinklers, and heated warehouse areas.
Financial Insights For Flex RnD
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 | $308.9k | $26.40 |
| − Vacancy | −$23.2k | −$1.98 |
| EGI | $285.7k | $24.42 |
| − OpEx | −$100.0k | −$8.55 |
| NOI | $185.7k | $15.87 |
11,700 SF · lease $26.40/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.65M
$2.32M – $3.10M
NOI $185,714 @ 7.0% cap · market cap 5.81%
Second Best
Warehouse
$1.28M
$1.12M – $1.49M
NOI $89,376 @ 7.0% cap · market cap 2.79%
Theoretical Best
Specialty Retail
$7.74M
$6.77M – $9.03M
NOI $541,505 @ 7.0% cap · market cap 16.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Gracie's Bulldog Grille Food Truck — 600 NY-303, Blauvelt, NY 10913
Frequently Asked Questions
What type of property is this?
Flex space - 11,700 SF building on 45,000 SF lot for sale.
Where is this flex space located?
The property is located at 560 Bradley Hill Rd W Blauvelt, NY.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: Flexible LOI Zoning: Allows for schools, labs, professional offices, and municipal use 'By Right'.; Multi‑Unit Structure: Four units (2400 SF – 3450 SF) with multiple restrooms, kitchenettes, and conference areas, easily combined.; Warehouse Features: 10 x 10 Roll‑up/Drive‑in doors in each unit, 14 ft clear ceilings, sprinklers, and heated warehouse areas.
