Property profile

139 N Highland Ave Ossining, NY 10562

FOR SALE
Showrooms
Property ID
US63-0711214
0.13 ac lot
Entity Owned 2-yr Hold Free & Clear
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For Sale
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139 N Highland Ave, Ossining, NY 10562
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Property summary

AI-generated overview

This exceptional Ossining, NY property presents a unique investment opportunity. The building, located at 139 N Highland Ave, offers a vacant 850,000 USD first-floor retail space (formerly a custom cabinetry showroom/office) ready for immediate occupancy. The space boasts a convenient loading dock and garage, complemented by three outdoor parking spaces. The building's infrastructure includes gas heat (with separate boilers for each floor), central air conditioning in the showroom/office area, and window units in the apartment. Three-phase power is also available. A significant income stream is generated by a long-term tenant occupying the second-floor three-bedroom apartment, currently paying $2,500 per month. The apartment tenant is responsible for all utilities except water. This property is situated within Ossining's T-zoning district, offering diverse development possibilities. The combination of a vacant, adaptable retail space and a consistently income-producing apartment makes this a compelling investment prospect with strong potential for future growth and return. The property is being offered at 850,000 USD. The size of the lot is not specified.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Lot 0.13 ac (5,663 SF)
APN 554203 89.15-4-14
UPID US63-0711214

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist

Location

139 N Highland Ave Ossining, NY 10562
Ossining metro Census 13301 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$800k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$800k

Owner & transaction history

since 2024
Last sale
$800,000
3 recorded transactions
2024
$800,000
2014
Price N/A
2000
$130,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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