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Industrial Building Near I-684
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120 Commerce Dr, Carmel, NY 10512

55,000 SF industrial building for sale or lease.

Space Size5,000 SF - 55,000 SF
Days on Market1536

Property Features for 120 Commerce Dr

General Information

Standard status Active
Size 5,000 SF - 55,000 SF
Class B
Property subtype Industrial

Building Details

Tenancy Multiple

Spaces For Lease

at 120 Commerce Dr Contact us

1st Floor

Size
55,000 SF
Type
Industrial
Availability
Active
Contact us

2nd Floor

Size
5,000 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: CR Properties Group LLC
Listed By: Thomas Cervone · License #NY 49CE0922865
Source: Crexi
Added: Jun 20, 2022 Changed: Aug 21 Last Checked: Aug 31 at 8:53PM

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 CR Properties Group LLC

Investment Insights

Based on property information with market context.

A 55,000 square foot industrial building with a 5,000 square foot mezzanine, totaling 60,000 square feet, is available for sale or lease at 120 Commerce Drive. The location is approximately 10 minutes from I684 (Exit 68), 9 minutes from NYS Route 22, and 13 minutes from the New York State/Connecticut border. The building is suitable for industrial, warehouse, manufacturing, and distribution purposes. The property is located 10 minutes (8 miles) from the I684 (Exit 68) to I84 (Exit 9) Interchange, 9 minutes (4.8 miles) from NYS Route 22, and 13 minutes (11 miles) from the New York State/Connecticut Border. Commuting options include Metro-North to Grand Central (1 hour, 50 minutes) and Poughkeepsie Amtrak to Penn Station (1 hour, 35 minutes). The location is approximately 1 hour and 25 minutes (67 miles) from New York City, 1 hour and 43 minutes (103 miles) from Albany, and 2 hours and 45 minutes (174 miles) from Boston.

Key Highlights

  • New 60,000 SF industrial building (including 5,000 SF Mezzanine) available for sale or lease.
  • Suitable for industrial, warehouse, manufacturing, and distribution purposes.
  • Excellent location**: 10 minutes from I‑684 (Exit 68) / I‑84 (Exit 9) interchange.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Auto Repair Shop Dental Office Pharmacy HVAC Service Nail Salon

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

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

49
Businesses Nearby

Demographics for 10512, NY

24,664
Population
9,874
Households
2.5
Avg Household Size
46
Median Age
42%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
472
Density / Sq Mi
$124,519
Median Household Income
$62,393
Median Earnings
$1,607
Median Rent
$401,800
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - 55,000 SF industrial building for sale or lease.
Where is this industrial property located?
The property is located at 120 Commerce Dr Carmel, NY.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: New 60,000 SF industrial building (including 5,000 SF Mezzanine) available for sale or lease.; Suitable for industrial, warehouse, manufacturing, and distribution purposes.; Excellent location**: 10 minutes from I‑684 (Exit 68) / I‑84 (Exit 9) interchange.
(845) 485-3100 Call to check price and availability
More about this property
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