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30-50 Croton River Road

2 Industrial Properties Offered at $3,500,000 in Ossining, NY

Investment Highlights

  • Centrally located
  • Large parking lot
  • Main warehouse has Speedrack Storage Mezzanine
  • Three warehouses allow for flexibility

Executive Summary

Offered for the first time, this warehouse complex has been home to a thriving business for decades, and is now ready for the next owner to seize the opportunity! Sited just off of Route 9/9A in the heart of Westchester, with quick access to the Mario Cuomo/ Tappan Zee Bridge, and Route 684, and just 40 minutes from NYC, these buildings are well situated for businesses looking to grow or move in to new markets, and for investors looking for steady, growing cashflow. There are three Butler warehouses. #1 is a heated, 7,500 sq ft, 25 ft floor to beam, with Speedrack Storage Mezzanine, two loading docks and one 14 ft drive-in. #2 is 4,000 sq ft, heated, with 1 dock and 1 drive-in. #3 is 2,560 sq ft with loading dock and drive-in, connected to #2. Both are rented out, and one has a new roof. Finally, there is a 1,218 sq ft office building with storage and solar on its newer roof. All of this, plus a 200 X 50 commercial parking lot, currently rented out! Stop by to see the new home for your business, or the foundation of your investment portfolio.

Taxes & Operating Expenses (Actual - 2022)

Annual
Gross Rental Income $72,000
Other Income $68,400
Vacancy Loss -
Effective Gross Income $140,400
Net Operating Income -

Taxes & Operating Expenses (Actual - 2022)

Gross Rental Income
Annual $72,000
Other Income
Annual $68,400
Vacancy Loss
Annual -
Effective Gross Income
Annual $140,400
Net Operating Income
Annual -

Property Facts

Price $3,500,000
Price / SF $229.09 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 15,278 SF
Total Land Area 1.51 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
50 Croton River Ave, Ossining, NY 10562 Industrial 7,778 SF 1950 -
30 Croton River Rd, Ossining, NY 10562 Industrial 7,500 SF 1984 -
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  • Listing ID: 30143480

  • Date on Market: 11/21/2023

  • Last Updated:

  • Address: 30-50 Croton River Road, Ossining, NY

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