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    154 Us-202 Lincolndale, NY 10589

    Sponsored
    For Sale
    $4,400,000

    8,200 SF Industrial Building, 2 Acres

    Property size:
    8,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional investment opportunity presents a 8,200 square foot light industrial/office building situated on a 2.04-acre lot in Lincolndale, NY. The property, located at 154 US-202, zip code 10589, features two structures: a 3,000 square foot, three-bay garage building with 14-22 foot ceilings (at the apex) constructed of steel frame Butler-style construction circa 1961, and a 5,200 square foot, two-story wood-frame office building added in 1992. The combined structures offer a cohesive workspace. The property boasts a significant area of paved outdoor storage, ideal for contractors or businesses requiring ample space. The office space is in good condition. The property is currently 100% occupied and zoned NS-Neighborhood Shopping. Interstate 684 is conveniently located approximately 3.75 miles east. The asking price is $4,400,000, representing a price per square foot of $536.59 and a price per unit of $4,000,000. This owner-user investment presents a rare opportunity to acquire a versatile property in a desirable location. The property is being sold as-is.

    Property Features for 154 Us-202

    General Information

    Property type
    Self storage facilities
    Square Feet
    8,200 SF
    Class
    B
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1967
    Units
    1

    HighLights

    • 2.04‑acre contractors yard.
    • Excellent location with convenient access to transportation.
    • Outdoor storage allowed.
    • Clean and well‑maintained office space.
    • Light industrial/office building.
    • Close proximity to Interstate 684 (approx. 3.75 miles).
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Gym & Fitness Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincolndale
    County
    Westchester
    State
    New York
    Longitude
    -73.718494
    Latitude
    41.325223

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    FAQs

    What type of property is this?
    Self storage facility - 8,200 SF Industrial Building, 2 Acres
    Where is this self storage facility located?
    The property is located at 154 Us-202 Lincolndale, NY.
    What is the asking price?
    The asking price for this property is $4,400,000.
    What are key features of this property?
    This property features: 2.04-acre contractors yard.; Excellent location with convenient access to transportation.; Outdoor storage allowed.
    Request Owner's contact information
    154 Us-202 Lincolndale, NY 10589
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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
    154 Us-202 Lincolndale, NY 10589
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