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This exceptional 2-acre industrial redevelopment opportunity in Stony Point, NY, presents a compelling investment prospect. The property, located at 9 Holt Dr, features an existing 8,000 square foot industrial building currently leased, generating $130,000 in annual income. This income stream continues throughout the planned expansion. Approved plans allow for the addition of a 19,000 square foot structure, resulting in a total of 27,000 square feet of warehouse space with impressive 30-foot ceilings. The site is shovel-ready, level, cleared, and easily accessible, boasting municipal water and sewer, with all utilities readily available. The existing tenant enjoys a lease with two five-year options and is described as a "happy tenant." Alternatively, the property can be delivered vacant, with a price adjustment to reflect this. The property is zoned for industrial, warehouse, and light manufacturing uses. Its prime location offers convenient access to Route 9W, the Tappan Zee and Bear Mountain bridges, and major metropolitan areas including the Bronx, Manhattan, and Northern New Jersey. Detailed plans, lease agreements, and rent payment history are available upon request for qualified buyers. The asking price for this turnkey redevelopment project is $3,000,000. This is a rare opportunity to acquire a high-yield, income-producing asset with significant expansion potential in a strategic location. The APN is 392800-020-004-0011-008-000-0000.
Highlights
Shovel-ready 2-acre site approved for a 27,000 SF industrial redevelopment.
30' ceiling heights approved.
Generates $130,000 annual income during construction and beyond.
Municipal water and sewer available; utilities in place.
Level, cleared, and easily accessible site.
Can be delivered vacant for a 27,000 SF build-to-suit.
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Contacts
Ron Chromey
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9 Holt Dr, Stony Point, New York, 10980
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.