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Property profile & analytics
OFF-MARKET Estimated value $4,000,000
Office buildings

409 Manville Rd Pleasantville, NY 10570-2826

13,504 SF 0.55 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
Property ID
US63-0306452
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1965
Total area 13,504 SF
Lot 0.55 ac (23,958 SF)
Zoning code 07 - MIXED
APN 553403 106.5-2-66
UPID US63-0306452
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
  • LAM Design Associates Inc Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.51M
CAP Approach CAP
$3.40M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.00M
Owner & transaction history
New Hope Community INC · 1 yrs held
New Hope Community INC
since 2025
Last sale
$4.0M
1 recorded transaction
2025
$4.0M
Zoning & alternative use
07 - MIXED · Pleasantville, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $4.9M +3.5%
Commercial (general) $4.8M +1.1%
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