409 Manville Rd Pleasantville, NY 10570-2826
- Office buildings
- 13,504 SF
- 0.55 lot acres
Current Use by Public Records
- LAM Design Associates Inc / Graphic Designer
Property Details for 409 Manville Rd
- Year built
- 1965
- Lot size
- 0.55 lot acres
- Property size
- 13,504 SF
- Zone code
- 07 - MIXED
- Property type
- Office buildings
- APN
- 553403 106.5-2-66
- APU
- 5534031065266
Description
This exceptional two-story, 13,520-square-foot creative office building in Pleasantville, NY, is offered for sale for the first time in 25 years. Situated on a 0.76-acre lot with convenient access to NY Route 117 (9,300+ daily traffic count), this property boasts a prime downtown location. The building, originally constructed in 1962 and extensively renovated in 1999 and 2014, features modern office spaces, private offices, workstations, and conference rooms of varying sizes. Ceiling heights range from 12 to 14 feet, providing a spacious and airy atmosphere. Currently corporately owned and occupied, approximately 8,500 square feet will be vacated by October 2024, unless otherwise agreed upon by the buyer and seller. The building's strategic location offers easy access to the Metro North Train Station, shopping, restaurants, theater, and bus routes, as well as convenient access to the Saw Mill River Parkway and Taconic State Parkway. On-site parking is available. The property is zoned RO-2. The asking price is $4,500,000, translating to $332.84 per square foot. This presents a unique opportunity to acquire a well-maintained, highly visible commercial property in a thriving Westchester County location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,090,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,360,000
- 6.5%
- $3,665,000
- 7%
- $4,285,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,640,000
- Geo Method
- $3,960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,105,000
- Retail
- $4,845,000
- Mixed-Use
- $4,650,000
- Hospitality
- $4,250,000
- Educational
- $4,505,000
- Residential Income
- $3,560,000
- Energy
- $3,905,000
- Income-Based Land
- $3,900,000
- Food Service
- $4,455,000
Location Insight
- Map
- Local Demand
- City
- Pleasantville
- County
- Westchester
- State
- New York
- Longitude
- -73.7941
- Latitude
- 41.1351
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
