460 Old Post RdBedford, NY 10506

  • Other commercial real estate
  • 1.00 AC
For Lease

Property Details for 460 Old Post Rd

Lot size
1.00 AC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
552000 84.10-1-26
APU
5520008410126

Description

This exceptional 9,200 square foot mixed-use office/retail building, situated on a one-acre lot in the heart of Bedford Village, presents two available office suites, ranging from 401 to 503 square feet. The building boasts a desirable location along Route 22, benefiting from high visibility and excellent accessibility, with a daily traffic count of 13,233 vehicles. The property features 45 parking spaces, ensuring ample convenience for tenants and their clients. This two-story building offers a traditional office environment suitable for a variety of businesses, including creative and medical practices. Current co-tenants include a diverse mix of established businesses, creating a vibrant and collaborative atmosphere. The building's prime location places it in close proximity to numerous amenities, including DeCicco & Sons, Ace Hardware, USPS, Chase, and many other popular retail establishments. The rent and CAM/taxes are pro-rata shares of increases over the base year

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,586,601
    6.5%
    $9,772,247
    7%
    $9,074,229
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,342,705
    Geo Method
    $14,342,705
  • Alternative Use

    Use
    Valuation
    Residential
    $8,243,256
    Hospitality
    $7,550,778
    Educational
    $6,282,158
    Medical
    $6,498,212
    Retail
    $9,772,247
460 Old Post Rd, Bedford, New York

Location Insight

City
Bedford
County
Westchester
State
New York
Latitude
41.197
Longitude
-73.6542
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$32,300
$138,400
$170,700
-
$380,448
$1,630,153
$2,010,601

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