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    Westchester Warehouse Complex For Sale Title is generated by Realmo AI

    30 Croton River Rd, Ossining, NY 10562

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    Warehouse complex in Westchester with quick access to major routes.

    Type:Industrial
    Property size:
    15,278 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $229/SF
    Added:
    Mar 28, 2024
    Days on Market:
    821
    Last Refresh:
    May 12 at 10:42 pm

    Property Features for 30 Croton River Rd

    General Information

    Standard status
    Active
    Size
    15,278 SF
    Lot size
    0.23 Acres
    Property subtype
    Industrial

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    Paul Leis

    Listing office North Country Sothedys International Realty

    Listing date Mar 28, 2024

    Source Crexi

    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 North Country Sothedys International Realty

    HighLights

    • Prime location just off Route 9/9A in Westchester, with quick access to major routes and NYC.
    • Three Butler Warehouses offering a total of 14,060 sq ft of warehouse space.
    • Income‑generating potential with rented warehouses and a commercial parking lot.
    • Warehouse #1 features 7,500 sq ft, 25 ft floor to beam height, Speedrack Storage Mezzanine, two loading docks, and one 14 ft drive‑in.
    • Loading docks and drive‑ins available in each warehouse.
    • Includes a 1,218 sq ft office building with storage and solar panels.

    Overview

    This warehouse complex, offered for the first time, is located just off Route 9/9A in Westchester, providing access to the Mario Cuomo/Tappan Zee Bridge and Route 684, and is 40 minutes from NYC. The property includes three Butler warehouses. The first warehouse is a heated 7,500 sq ft building with a 25 ft floor to beam height, Speedrack Storage Mezzanine, two loading docks, and one 14 ft drive-in. The second is 4,000 sq ft, heated, with one dock and one drive-in. The third is 2,560 sq ft with a loading dock and drive-in, connected to the second warehouse. One of the warehouses has a new roof. Additionally, there is a 1,218 sq ft office building with storage and solar panels on its newer roof. The property also features a 200 X 50 commercial parking lot. The property is suitable for moving companies, distributors, and other businesses.

    Local Financial Insights For Warehouse

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $293.3k $19.20
    − Vacancy −$17.9k −$1.17
    EGI $275.4k $18.03
    − OpEx −$41.3k −$2.70
    NOI $234.1k $15.32
    15,278 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.34M
    $2.93M – $3.90M (±1% cap)
    NOI $234,127 @ 7.0% cap · market cap 6.69%
    Second Best
    Office B
    $3.34M
    $2.92M – $3.90M (±1% cap)
    NOI $233,956 @ 7.0% cap · market cap 6.68%
    Theoretical Best
    Retail
    $4.61M
    $4.04M – $5.38M (±1% cap)
    NOI $323,045 @ 7.0% cap · market cap 9.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Ossining
    County
    Westchester
    State
    New York
    Longitude
    -73.8721577
    Latitude
    41.1872556

    FAQs

    What type of property is this?
    Warehouse - Warehouse complex in Westchester with quick access to major routes.
    Where is this warehouse located?
    The property is located at 30 Croton River Rd Ossining, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Prime location just off Route 9/9A in Westchester, with quick access to major routes and NYC.; Three Butler Warehouses offering a total of 14,060 sq ft of warehouse space.; Income‑generating potential with rented warehouses and a commercial parking lot.
    (914) 271-5115 Call to check price and availability
    More about this property
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