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Property profile & analytics
FOR LEASE
Warehouses

5 N Nepperhan Ave 3 Elmsford, NY 10523

36,000 SF 0.63 ac lot
Entity Owned 24-yr Hold Absentee Owner Free & Clear
Property ID
US63-0334355
Property summary
AI-generated overview

This exceptional 10,000 square foot warehouse in Westchester County offers flexible space options for multiple tenants. The property, located at 5 Nepperhan Avenue, is zoned CB and features a two-story design. Three spaces are currently available, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 4,000 square feet. The entire 10,000 square feet is currently vacant and ready for immediate occupancy. The building provides convenient access for loading and unloading with one loading dock and one drive-in door, available during business hours. Second-floor spaces offer approximately 3,000 to 4,000 square feet of storage, serviced by a freight elevator for efficient pallet and material transport. A 4,000+ square foot second-floor office space is also available, boasting desirable features including two bathrooms, two private offices, a spacious kitchenette, a conference room, multiple storage closets, and ample raw warehousing space with approximately 11'9" ceiling heights. The monthly asking rent for the spaces starts at $3,000, full service gross (FSG). This prime location presents a unique opportunity for businesses seeking versatile and well-equipped warehouse and office space in Westchester County.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 36,000 SF
Lot 0.63 ac (27,443 SF)
Zoning code CB
APN 552605 5.20-25-3
UPID US63-0334355
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
  • Central Turf & Irrigation Supply Garden Center Hardware & Home Improvement
  • Killer Silver Ltd. - Tattoo Supply Warehouse & Storage
  • JRT Associates Medical Supply Store
  • Rebel Tattoo Machine Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.59M
Owner & transaction history
5 Nepperhan Avenue LLC · 24 yrs held
5 Nepperhan Avenue LLC
since 2001
1 recorded transaction
2001
$1.2M
Zoning & alternative use
CB · Elmsford, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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