OFFICE & RESIDENTIAL | 2-4 Hardscrabble Rd
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OFFICE & RESIDENTIAL 2-4 Hardscrabble Rd
9,422 SF 100% Leased Office Building North Salem, NY 10560 $1,995,000 ($212/SF)
Investment Highlights
- Building #1 & #3 are both in excellent condition.
- Possible 2 homes on the vacant land.
Executive Summary
FOR SALE
ASKING SALE PRICE $1,995,000
TOTAL BUILDINGS SF (APPROX.) 9,422
Building #1 – Existing Office SF +/- 3,056
(Move in Condition – Turn Key)
Building #2 – Office / Storage SF +/- 2,855
(Needs updating / improvements)
Building #3 – Residential SF +/- 3,511
Ample onsite parking
POTENTIAL DEVELOPMENT
Possible 2 homes on the vacant land
LOCATION ¼ of a miles to I684
(Tenant paying $5,250 a month)
LAND SIZE 3.78 Acres
METRO NORTH TRAIN 1 mile
RESIDENTAL LEASE EXPIRATION
5/1/2022 (90 day notice to vacate if needed)
YEARLY PROPERTY TAXES +/- $50,000
NOTES Building #1 & #3 are both in excellent condition
SURVEY AVAILABLE
ASKING SALE PRICE $1,995,000
TOTAL BUILDINGS SF (APPROX.) 9,422
Building #1 – Existing Office SF +/- 3,056
(Move in Condition – Turn Key)
Building #2 – Office / Storage SF +/- 2,855
(Needs updating / improvements)
Building #3 – Residential SF +/- 3,511
Ample onsite parking
POTENTIAL DEVELOPMENT
Possible 2 homes on the vacant land
LOCATION ¼ of a miles to I684
(Tenant paying $5,250 a month)
LAND SIZE 3.78 Acres
METRO NORTH TRAIN 1 mile
RESIDENTAL LEASE EXPIRATION
5/1/2022 (90 day notice to vacate if needed)
YEARLY PROPERTY TAXES +/- $50,000
NOTES Building #1 & #3 are both in excellent condition
SURVEY AVAILABLE
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
9,422 SF
Building Class
C
Year Built
1973
Price
$1,995,000
Price Per SF
$212
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,711 SF
Building FAR
0.06
Land Acres
3.78 AC
Zoning
PO-R 1/2 - Commercial
Amenities
- Fireplace
- Metro/Subway
- Security System
- Kitchen
- Storage Space
- Recessed Lighting
- Wi-Fi
- Hardwood Floors
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 4000-001-000-01734-000-0079 | Improvements Assessment | $682,800 |
| Land Assessment | $389,400 | Total Assessment | $1,072,200 |
PROPERTY TAXES
Parcel Number
4000-001-000-01734-000-0079
Land Assessment
$389,400
Improvements Assessment
$682,800
Total Assessment
$1,072,200
-
Michael Rao -
Frank Rao -
New York Commercial Realty Group
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OFFICE & RESIDENTIAL | 2-4 Hardscrabble Rd
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