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    Property profile & analytics
    OFF-MARKET Estimated value $19,200,000
    Office buildings

    425 Saw Ml Riv Rd, Ardsley, NY 10502-2601

    4.85 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-2573467
    Property summary
    AI-generated overview

    This exceptional 57,293-square-foot, single-story flex industrial warehouse in Ardsley, NY, presents a rare investment opportunity. Located on a 7.03-acre lot in the GI General Industrial District (Section V), this property boasts 100% occupancy with a diverse tenant roster including General Motors Corp, HD Supply - White Cap, and US Foods. Leases are in place on a triple-net (NNN) basis, offering both short and long-term lease flexibility. The building features 8 dock-high doors, 3 loading docks, and ample parking for 200 vehicles. Ceiling heights range from 15 to 16 feet. The property also includes a separate 1,800-square-foot single-family residence. With its strategic location providing excellent access to major highways and the New York metropolitan area, this asset represents a strong investment in a currently undersupplied industrial market. The total building square footage is 59,093 square feet, with 57,293 square feet being net rentable.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Lot 4.85 ac (211,266 SF)
    Zoning code GI
    APN 552689 8.430-304-1
    UPID US63-2573467
    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
    • HD Supply Kenseal Big Box & Wholesale Store Building Supply
    • GM Service Technical College Vocational School Training Center
    • White Cap Building Supply Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $19.20M
    Owner & transaction history
    Ardsley Saw Mill River Rd LLC · 1 yrs held
    Ardsley Saw Mill River Rd LLC
    since 2024
    Last sale
    $19.2M
    7 recorded transactions
    2024
    $19.2M
    2015
    2006
    2006
    2006
    2004
    2002
    $3.8M
    Zoning & alternative use
    GI · Ardsley, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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