443 Fifth Ave Pelham, NY 10803
This exceptional two-story office building, constructed in 1996, presents a lucrative investment opportunity in the desirable Pelham, NY market. Boasting a generous 2,920+ square feet of gross building area, the property is currently generating income with month-to-month tenant leases. The building features convenient amenities including bathrooms and kitchenettes on each floor. Situated on a 0.12+ acre lot (5,223+ sq ft total), the property benefits from a "Business-3" zoning designation by the Village of Pelham, offering flexibility for future development or expansion. Its prime location, just 15 miles from Manhattan, provides unparalleled access to the city while retaining the charm and tranquility of suburban living. Pelham offers a vibrant community with excellent schools, local businesses, and convenient access to amenities. The town center is easily walkable, featuring cafes, restaurants, shops, and professional services, including fitness centers, medical offices, and a public library. This property is an ideal investment for those seeking a strong return in a thriving and highly sought-after location. The combination of existing income, desirable location, and flexible zoning makes this a truly exceptional opportunity.
-
Feuerstein Herbert Architect
-
Rose Hill Group Inc Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.