Property profile

154 Us-202 Lincolndale, NY 10589

OFF-MARKET
Self storage facilities
8,200 SF 2 ac lot Built 1967
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Property summary

AI-generated overview

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 profile

Verified
Property type Self storage facilities
Year built 1967
Total area 8,200 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

154 Us-202 Lincolndale, NY 10589
Lincolndale metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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