An exceptional investment opportunity at 37 Old Albany Post Road in Ossining, New York, featuring three industrial buildings situated on a spacious 1.9416-acre lot. The property comprises approximately 11,600 square feet of building space and is currently configured with five income-producing units, providing a diversified tenant base and multiple revenue streams. Additional income is generated through on-site parking, including a separate parking area with 16 spaces. The property currently produces approximately $30,455 in combined monthly building and parking income, totaling approximately $365,460 annually, with scheduled rent increases offering further income-growth potential. Current annual operating expenses are estimated at approximately $61,109, resulting in a projected net operating income of approximately $304,351. With substantial land, multiple buildings, strong existing cash flow, parking income and future upside, this property presents a compelling opportunity for investors seeking a well-located commercial asset in Westchester County. Bring an offer.
Listing By
Agency Name: Triforce Commercial RE LLC
Agency Contact: 845-450-6500
Shown By
Agent Name: wadingriver Office
Agent Phone: (631) 929-8400
Agency Title: Coldwell Banker American Homes
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37 Old Albany Post Road | MLS# 1029548
This commercial property located at 37 Old Albany Post Road, Ossining, NY 10562 is currently listed for sale with an asking price of $4,500,000. Old Albany Post Road is located within the Ossining school district. Search Ossining real estate on wadingriveradmin.cbamhomes.com today.