45 Knollwood RdElmsford, NY 10523

  • Office properties
  • 50,000 SF
For Lease

Property Details for 45 Knollwood Rd

Year built
1982
Lot size
1.49 AC
Property size (Sq ft)
50,000 SF
Zone code
LO
Property type
Office properties
Property subtype
Office buildings
APN
552605 5.90-124-3
APU
5526055901243

Description

This exceptional five-story office building at 45 Knollwood Road in Elmsford, New York, offers a variety of leasing opportunities. The property boasts a total of 16,288 square feet, with five individual suites available for lease. Spaces range from a minimum of 653 square feet to a maximum contiguous space of 1,998 square feet, providing flexibility for businesses of various sizes. Currently, 6,647 square feet is vacant and ready for immediate occupancy. The building is classified as both Traditional and Executive Office space, catering to a diverse range of professional needs. Conveniently located in Westchester County, the property features ample parking to accommodate tenants and their clients. The building is equipped with elevators for easy access to all five floors. The property's address is 45 Knollwood Road, Elmsford, NY 10523. This is a multi-tenant building offering a range of options for businesses seeking a well-maintained and conveniently located office space in a desirable Westchester County location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,266,494
    6.5%
    $7,630,610
    7%
    $7,085,566
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,533,000
    Geo Method
    $6,533,000
  • Alternative Use

    Use
    Valuation
    Residential
    $9,461,956
    Hospitality
    $8,667,100
    Educational
    $7,210,926
    Medical
    $7,458,920
    Retail
    $11,216,996
45 Knollwood Rd, Elmsford, New York
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Location Insight

City
Elmsford
County
Westchester
State
New York
Latitude
41.049
Longitude
-73.8034
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
-
$1,980,400
$4,101,900
$6,082,300
-
$1,980,400
$4,101,900
$6,082,300

FAQs

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