Property profile

400 Rella Blvd Unit 165 165 Montebello, NY 10901

FOR LEASE
Office buildings
Property ID
US63-1562439
171,870 SF 12.99 ac lot Built 1995
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This Class A office building in Suffern, NY, offers a diverse range of workspace solutions. Located at 400 Rella Blvd, this 13,805 square foot property boasts 350 suites, with 5,970 square feet currently available. The building underwent renovations in 2019 and features modern amenities including elevators. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. The property is ideally suited for executive offices, coworking, creative office spaces, and traditional office setups. Its convenient location offers easy access to downtown Suffern, with its numerous restaurants and amenities, a mere 10-minute walk away. The building also benefits from proximity to five airports, ensuring convenient access for clients and employees traveling from out of town. The space includes videoconferencing facilities and versatile meeting rooms, perfect for client interactions and internal collaborations. Large windows throughout the building provide ample natural light, creating a vibrant and energizing work environment. This Rockland County location provides a blend of modern workspace and convenient accessibility. The building's multiple tenancy structure offers flexibility for various business needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 171,870 SF
Lot 12.99 ac (565,844 SF)
Zoning code RSH
APN 392617 55.08-1-8
UPID US63-1562439

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
  • Solar Energy Company Solar Energy System Service
  • Law Firm
  • Law Firm Child Welfare Organization
  • Law Firm
  • Business Management Consultant

Location

400 Rella Blvd Unit 165, Unit 165 Montebello, NY 10901
Montebello metro Census 11602 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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.11M

Owner & transaction history

since 2014
4 recorded transactions
2016
Price N/A
2014
$30.8M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RSH · Suffern, NY

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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