85 Executive BlvdElmsford, NY 10523

  • Office properties
  • 32,230 SF
For Lease

Property Details for 85 Executive Blvd

Year built
1968
Lot size
1.29 AC
Property size (Sq ft)
32,230 SF
Zone code
PD
Property type
Office properties
Property subtype
Office buildings
APN
552689 7.120-18-3
APU
5526897120183

Description

This exceptional commercial property, located at 85 Executive Blvd in Elmsford, NY, within the Cross Westchester Executive Park, offers a unique blend of executive office and warehouse space. The building totals 40,500 square feet, with a significant 25,000 square feet currently available for lease. This presents a rare opportunity for a business seeking a versatile and strategically located space. The property features a 12-foot ceiling height, providing ample vertical space for storage or specialized equipment. Convenient loading and unloading is facilitated by one loading dock and one drive-in door. The property is classified as both Office and Industrial, and its subtype includes Executive Office, Warehouse, and Bank, suggesting a history of diverse and successful tenancies. The multiple tenancy structure indicates a flexible layout adaptable to various business needs. Situated in Westchester County, with a zip code of 10523, this property benefits from excellent access to major transportation routes and a thriving business community. The available space is ideal for a company requiring both office and warehouse functionality in a prime location. This is a truly versatile property ready for immediate occupancy. Inquire today to learn more about this exceptional leasing opportunity.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,328,582
    6.5%
    $4,918,691
    7%
    $4,567,356
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,211,172
    Geo Method
    $4,211,172
  • Alternative Use

    Use
    Valuation
    Residential
    $6,099,176
    Hospitality
    $5,586,813
    Educational
    $4,648,163
    Medical
    $4,808,020
    Retail
    $7,230,476
85 Executive Blvd, Elmsford, New York
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Location Insight

City
Elmsford
County
Westchester
State
New York
Latitude
41.0705
Longitude
-73.8105
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
-
$1,424,900
$2,486,000
$3,910,900
-
$1,424,900
$2,486,000
$3,910,900

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