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Property profile & analytics
OFF-MARKET
Investment properties

37 Purchase St Rye, NY 10580-3004

1,200 SF 0.12 ac lot Built 1925
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US63-1455351
Property summary
AI-generated overview

This exceptional Class A office space, located at 37 Purchase Street in Rye, New York, 10580, offers 1,000 square feet of versatile space suitable for a variety of businesses. The property is ideally situated in Rye's vibrant downtown shopping district, providing convenient access to a diverse range of shops, restaurants, and services. Its location offers unparalleled commuter convenience, being just a short distance from the Metro North train line, providing a 35-minute ride to Grand Central Terminal in Midtown Manhattan. The building features two parking spaces and an elevator for easy access. The space is currently configured as a traditional office but is easily adaptable to a creative office layout. This property presents a unique opportunity to establish a presence in a thriving, upscale community that combines coastal living with the convenience of a quick commute to New York City. Rye, NY, is a highly desirable location known for its timeless elegance, rich history, and strong census data. The city's compact size belies its character and charm, offering a blend of village-like cuteness and city amenities. This is a truly unique opportunity to secure office space in one of New York City's most sought-after suburban locations. The property is perfect for businesses seeking a prestigious address and convenient access to both local amenities and the broader New York metropolitan area.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1925
Total area 1,200 SF
Lot 0.12 ac (5,227 SF)
APN 551400 146-7-2-23
UPID US63-1455351
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Craft Can Travel Big Box & Wholesale Store
  • Gorkin Brett Physician Medical Clinic
  • Metro Locksmith Locksmith
  • JackRabbit - Rye Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
37 Purchase Street LLC
37 Purchase Street LLC
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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