Property profile

59 Nepperhan Ave Elmsford, NY 10523

OFF-MARKET
Office buildings
Property ID
US63-3035161
1,338 SF 0.17 ac lot Built 1978
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 5,980 sq. ft. industrial flex building constructed less than 20 years ago, configured with 2,990 sq. ft. of garage and warehouse space and 2,990 sq. ft. of second-floor office space. The office area includes a kitchenette, a private conference room, and individual offices, and is equipped with radiant floor heating and central HVAC. The facility includes a 1,000-gallon diesel tank. The shop/warehouse area features a built-in pressure washer, grease and oil reels, a fully built-out gym, and a full bathroom. The site is fully paved to support parking and outdoor storage.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 1,338 SF
Lot 0.17 ac (7,405 SF)
Zoning code LI
APN 552689 7.180-57-3
UPID US63-3035161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

59 Nepperhan Ave Elmsford, NY 10523-1821
Elmsford metro Census 11200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Elmsford, NY
Zoning description

The intent of this zone is to promote light manufacturing, warehousing, and industrial activities that have minimal impacts on surrounding areas

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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