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Renovated Office Building For Sale
For Sale
$2,300,000

7 Elmwood Drive, New City, NY 10956

Recently renovated office building in prime location, ideal for owner-user.

Property SizeContact for details
Lot Size0.53 Acres
Days on Market336

Property Features for 7 Elmwood Drive

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $69,334

Amenities

Central air
Central Air Cooling
Forced Air Heating
Listing Agency: YES REALTY
Listed By: NAFTALI GREENBERG · License #10311208977
Source: Corcoran
Added: Sep 15, 2025 Changed: Aug 16 Last Checked: Aug 16 at 6:21AM

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 YES REALTY

Investment Insights

Based on property information with market context.

The property at 7 Elmwood Drive presents an opportunity to own an office building in New City. This professional office property has been recently renovated and features a prime location. The building is 40% vacant, making it suitable for an owner-user looking to occupy and expand. On-site parking is available. The property offers modern upgrades.

Key Highlights

  • Prime location in the heart of New City.
  • Ideal for owner‑user to occupy and grow with 40% vacancy.
  • Recently renovated with modern upgrades throughout.

Property Analytics

Current Use

Dr. Alissa L. ... Pediatrician Allergy Associates Medical Clinic Auctus Risk Services Financial Advisor North Carolina Recreational ... Association / Organization Davis William J ... Physician

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,203
Businesses Nearby

Demographics for 10956, NY

32,499
Population
9,892
Households
3.3
Avg Household Size
44
Median Age
58%
College-Educated
94%
High-School Grad
15.4 sq mi
ZIP Area
2,110
Density / Sq Mi
$179,060
Median Household Income
$70,565
Median Earnings
$2,256
Median Rent
$629,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently renovated office building in prime location, ideal for owner-user.
Where is this office building located?
The property is located at 7 Elmwood Drive New City, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Prime location in the heart of New City.; Ideal for owner‑user to occupy and grow with 40% vacancy.; Recently renovated with modern upgrades throughout.
More about this property
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