Property profile

400 Executive Blvd Ossining, NY 10562

OFF-MARKET
Office buildings
Property ID
US63-0109369
2.16 ac lot
Entity Owned 10-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 2.16-acre office building, located at 400 Executive Boulevard in Ossining, NY, presents a compelling investment opportunity or a suitable 1031 exchange property. Currently 100% leased, the building enjoys a prime location within a well-maintained office park setting. Its zoning classification, O-RB (Office-Research and Business), allows for a diverse range of potential uses and tenants. The property's strong occupancy rate ensures a stable and predictable income stream for investors. The building's excellent condition minimizes immediate capital expenditure needs, maximizing return on investment. This multi-tenanted structure offers a diversified portfolio of tenants, mitigating risk associated with single-tenant occupancy. The property's strategic location in Ossining, NY, provides convenient access to major transportation routes and amenities, enhancing its appeal to both tenants and investors. Detailed financial information and lease agreements are available upon request. This is a rare opportunity to acquire a high-performing, fully leased office building in a desirable location. Serious inquiries only. The asking price is $6,299,000. Don't miss this chance to add a valuable asset to your investment portfolio.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 2.16 ac (94,090 SF)
APN 554289 80.20-1-19
UPID US63-0109369

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • School District Office
  • Medical Clinic
  • Law Firm
  • Construction Company General Contractor

Location

400 Executive Blvd Ossining, NY 10562-2559
Ossining metro Census 13700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2016
6 recorded transactions
2016
$3.4M
2006
$4.3M
2003
$2.3M
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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