Property profile

1 Campus Dr Pleasantville, NY 10570

FOR SALE
Investment properties
Property ID
US63-2841665
6.42 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 144,000 square foot office/flex building, situated on over six acres in Pleasantville, NY, presents a unique investment opportunity. The three-story building, constructed in 1940 and renovated in 1980, boasts 75 units and is currently 100% vacant, offering immediate potential for redevelopment or repositioning. Located in the C-O Campus Office District, the property features 270 parking spaces, three loading docks, and four dock-high doors. The interior includes a 13-foot ceiling height, poured concrete floors with steel I-beams, and a robust infrastructure including a 950kW backup generator, a 40kW life safety generator, a fully updated Simplex fire alarm system, and a dual domestic water system with two cooling towers and a York 425-ton centrifugal chiller. Further enhancing its appeal are the raised floor, Liebert climate-controlled data center, main distribution frame room with dedicated climate control for 1000 connections, dual feeds for phone, internet, and sprinklers, and six intermediate distribution frame rooms, each with individual climate control. Security is ensured with approximately 40 security cameras, card access, and an intrusion detection system. The property's prime location offers easy access to the Pleasantville Train Station, Sawmill River Parkway, and Taconic State Parkway, and is surrounded by upscale residential communities. Given its proximity to major roadways, downtown Pleasantville, and three major grocery store chains, this property is ideally positioned for a variety of uses, including redevelopment into for-sale townhomes, given the high demand and recent sales of comparable properties in the million-dollar range. The average household income within a three-mile radius exceeds $168,000, and the average home value is $746,591.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 6.42 ac (279,655 SF)
APN 553403 99.14-1-77
UPID US63-2841665

Cap rate & NOI

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

Location

1 Campus Dr Pleasantville, NY 10570
Pleasantville metro Census 12201 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

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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More about this property
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