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Property profile

1815 Palmer Ave Unit Larchmont, NY 10538

OFF-MARKET
Office Spaces
Property ID
US63-4257915
790 SF Built 1940
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Property summary

AI-generated overview

This exceptional 790-square-foot office space at 1815 Palmer Ave, Unit Suite 1, Larchmont, NY, presents a unique investment opportunity. Ideally situated, this property offers convenient access to public transportation and on-street parking, ensuring easy commutes for clients and staff. The layout is well-designed and functional, featuring a welcoming waiting room, two private offices (one with an adjoining room suitable for use as a playroom or additional office space), and a convenient powder room. The current configuration is well-suited for a variety of professional uses, having previously served as a psychiatrist's office. The asking price is $99,000. Monthly maintenance fees of $854 cover property taxes, heat, and hot water, providing a predictable and manageable operating budget. This turnkey office space requires minimal upfront investment and is ready for immediate occupancy. Its prime location in Larchmont, NY, combined with its functional design and convenient amenities, makes this an attractive proposition for discerning buyers seeking a well-established and easily accessible professional space. The property is situated on a lot with no acreage. This presents a rare opportunity to acquire a well-maintained and conveniently located office space in a desirable area.

Property profile

Verified
Property type Office Spaces
Year built 1940
Total area 790 SF
UPID US63-4257915

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
  • Dental Office
  • Physician
  • Physician Medical Clinic

Location

1815 Palmer Ave Unit Larchmont, NY 10538
Larchmont metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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