Financial
Distress signals
Property profile

500 Summit Lake Dr Valhalla, NY 10595

FOR LEASE
Office buildings
Property ID
US63-3621276
214,888 SF 29.14 ac lot Built 1987
Last sale Jul 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional office property, located at 500 Summit Lake Drive in Valhalla, New York, 10595, offers a significant opportunity for businesses seeking flexible and modern workspace. The building encompasses a total of 145,000 square feet, with a substantial 179,920 square feet currently vacant, providing ample space for expansion or multiple tenants. The property is classified as both Traditional and Executive Office space, catering to a diverse range of business needs. Units are available

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$312k
Assessed land$140k
Assessed improvement$173k

Value estimate

· Sep 2026
$23.64M
$21.28M – $26.00M
NOI build-up
Gross scheduled income$818k
Vacancy & credit loss−$210k
Operating expenses−$152k
NOI · 1,687,629.63% cap applied$456k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$351/SF
County average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$155 – $722

Cap rate analysis

How does the asset earn?
1,687,629.63%
$456k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWESTCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.5
Restaurant25.9
Auto Repair Shop22.1

Location

500 Summit Lake Dr Valhalla, NY 10595
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 9 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
99 Wall, Valhalla, NY 10595-1462 $2,880,000 Jan 2025 23,498 SF
392 Columbus, Valhalla, NY 10595-1306 $1,100,000 Aug 2024 No data
75 Kensico, Valhalla, NY 10595-1919 $1,250,000 Dec 2022 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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