Standalone Industrial Flex Condo with Office
6-581 N State Rd, Briarcliff Manor, NY 10510
For Sale
$1,000,000
Pending
Standalone flex condo featuring two overhead doors, two-level office mezzanine, workshop/storage, and onsite parking.
Property Size4,560 SF
Days on Market159
Property Features for 6-581 N State Rd
General Information
Standard status
Size
Zoning
Additional Details
Drive-In Doors
Taxes and HOA fees
Annual Taxes
Listing Agency:
Houlihan Lawrence Commercial
(914) 798-4900
Listed By:
Rich Aponte · License NY #10301200070
(914) 960-9148
Source:
Exprealty
Added: Jun 9
Changed: Oct 26
Last Checked: Nov 12 at 1:44PM
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 Commercial
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Investment Insights
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This standalone industrial flex condo offers a ground-floor layout plus a second-level mezzanine office. Interior improvements include workshop and storage areas, a conference room, and men’s and women’s restrooms, along with a mechanical room. The property also has two overhead doors for convenient loading and access to the enclosed work and storage space.
The building is located on N State Rd in Briarcliff Manor, NY, and includes onsite parking to support day-to-day employee and customer access. The space is zoned GB, which permits a broad mix of uses including retail stores and shops, personal service establishments, and eating and drinking establishments excluding fast food. The zoning also allows fully enclosed storage, warehouse and assembly activities with a substantial retail component, business and professional offices, and other institutional and service-related uses.
Configured for both operations and client-facing space, this flex condo can suit tenants seeking enclosed warehouse or workshop functionality alongside dedicated office and meeting space. With two overhead doors and an on-site parking setup, it supports practical logistics for scheduled receiving and service workflows while keeping administrative functions close at hand.
The building is located on N State Rd in Briarcliff Manor, NY, and includes onsite parking to support day-to-day employee and customer access. The space is zoned GB, which permits a broad mix of uses including retail stores and shops, personal service establishments, and eating and drinking establishments excluding fast food. The zoning also allows fully enclosed storage, warehouse and assembly activities with a substantial retail component, business and professional offices, and other institutional and service-related uses.
Configured for both operations and client-facing space, this flex condo can suit tenants seeking enclosed warehouse or workshop functionality alongside dedicated office and meeting space. With two overhead doors and an on-site parking setup, it supports practical logistics for scheduled receiving and service workflows while keeping administrative functions close at hand.
Key Highlights
- 4560 SF standalone industrial flex condo with two overhead doors
- Two‑level office mezzanine with ground floor and 2nd level mezzanine office space
- Includes workshop and storage, plus a conference room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,381
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,447,620
$1.4M
Cap Rate 7%
$1,034,014
$1.0M
Cap Rate 9%
$804,233
$804.2K
Market Conditions
NOI Build-Up for 4,560 SF
Gross rent
$120.4K $26.40/SF
− Vacancy
−$9.0K −$1.98/SF
EGI
$111.4K $24.42/SF
− OpEx
−$39.0K −$8.55/SF
NOI
$72.4K $15.87/SF
Area
Westchester County, NY
Vacancy
7.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,447,620
Cap Rate 7%
$1,034,014
Cap Rate 9%
$804,233
Alternative Uses
Best Use
Flex RnD
$1.03M
$904.8K – $1.21M
NOI $72,381 @ 7.0% cap · market cap 7.24%
Second Best
Warehouse
$998.3K
$873.5K – $1.16M
NOI $69,880 @ 7.0% cap · market cap 6.99%
Theoretical Best
Specialty Retail
$3.01M
$2.64M – $3.52M
NOI $211,048 @ 7.0% cap · market cap 21.10%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 10510, NY
10,010
Population
3,942
Households
2.5
Avg Household Size
48
Median Age
74%
College-Educated
96%
High-School Grad
10.1 sq mi
ZIP Area
991
Density / Sq Mi
$215,568
Median Household Income
$100,517
Median Earnings
$2,438
Median Rent
$842,900
Median Home Value
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Market
Properties on Market for Flex space in Westchester County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Standalone flex condo featuring two overhead doors, two-level office mezzanine, workshop/storage, and onsite parking.
Where is this flex space located?
The property is located at 6-581 N State Rd Briarcliff Manor, NY.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 4560 SF standalone industrial flex condo with two overhead doors; Two‑level office mezzanine with ground floor and 2nd level mezzanine office space; Includes workshop and storage, plus a conference room
