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    540 Commerce St Thornwood, NY 10594

    Sponsored
    For Lease
    $480 /Mo ($1.44 SF/Yr)

    Prime Thornwood retail space, immediate occupancy.

    Lot size:
    4,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail/office opportunity is located at 540 Commerce Street in Thornwood, New York, 10594. The property is a Class B building constructed in 1990, featuring a total of 4,000 square feet across two stories. Currently, there is 600 square feet of immediately available space, perfect for a variety of businesses. The minimum divisible space is 600 square feet, making it ideal for a single tenant or potentially divisible for smaller users. The building boasts eight total suites, with a high 10-foot ceiling height. The zoning is classified as C, allowing for a range of commercial uses. This end-unit space is situated on busy Commerce Street, providing excellent visibility and accessibility for customers. The building is comprised of one building with multiple tenants, offering a vibrant and established commercial environment. This is a first-floor space, offering convenient street-level access. Don't miss this chance to secure a prominent location in a thriving Thornwood commercial district.

    Property Features for 540 Commerce St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Class
    B
    Total Rate
    480

    Building Details

    Year Built
    1990
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    0 SF
    Rate per SF
    $480

    HighLights

    • Two‑story building with ample on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Choice Kitchen & Bath ... Kitchen Remodeler Lisi Contracting General Contractor Gold Lux Beauty Salon Hair Studio 540 Hair Salon Trinket & Treasure Wedding Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Thornwood
    County
    Westchester
    State
    New York
    Longitude
    -73.7912133
    Latitude
    41.1140775

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Thornwood retail space, immediate occupancy.
    Where is this office property / space located?
    The property is located at 540 Commerce St Thornwood, NY.
    What is the lease rate?
    The lease rate is $480 /Mo.
    What are key features of this property?
    This property features: Two-story building with ample on-site parking.; ;
    Request Owner's contact information
    540 Commerce St Thornwood, NY 10594
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    Thornwood, NY 10594
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    Realmo Value Estimation

    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.

    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.

    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
    540 Commerce St Thornwood, NY 10594
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