15 croton avenue for sale or lease - loopnet · 15 croton avenue . ossining new york . julio vitolo...
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15 Croton Avenue Ossining New York
Julio Vitolo
914.490.1303
Prepared by:
Scalzo Group 2500 Westchester Ave
Suite 109 Purchase, NY 10577
www.cbcworldwide.com
Note: This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
For Sale or Lease
Retail/Office
(User/Investor)
Executive Summary
The Property
15 Croton Avneue
Ossining, New York
Property Specifications
Property Type: Retail/Office Use Investment
Stories: 2
Property Size: 3,500 SF
Building Size: 2,000 SF
Zone: Retail/Office/Re-Development
Other Comments: Re-Development up to 4-Stories
Conditional Residential
Parking: Ample Street Parking
Financial
Projected Income: $58,000.
Expenses $19,025.
Sales Price $535,000.
NOI: $38,975. Cap Rate 7.28%
The Offering:
Coldwell Banker
Commercial Scalzo Group
is pleased to offer for Sale
or Lease. Retail/Office Use
Building located in VC
Ossining District, ideal
location for business.
Property Highlights
Excellent Visability
Very High Traffic Count
Off 9A
Free Standing
1,600 SF Backyard
Building Size: 2,000 SF
5 Offices, 3 Bathrooms
2 Showers, Conference
Room, Reception Area,
Kitchen
Plenty of Storage
Perfect for Restaurant
Each Office Is Independently Owned And Operated.
___________________________________________________ COLDWELL BANKER COMMERCIAL
SCALZO GROUP
2500 WESTCHESTER AVENUE SUITE 109
PURCHASE, NY 10577
CELL: (914)490 1303
BUS. (914)313-5286
FAX (914)313-5282
E-MAIL: [email protected]
15 CROTON AVENUE, OSSINING NY
FREE STANDING BUILDING
Pro Forma Retail/Office
Unit sf $psf Annual
Ground 1,300 sf $25 psf $32,500
Lower with
outside access
700 sf $25 psf $17,500
Yard 1,600 sf $5 psf $8,000
Total Annual $58,000
Expenses:
Taxes: $13,100
Insurance $03,000
Utilities Tenant Pays
Maintenance Tenant Pays
5% Vacancy and
Management
$2,925
Total Expenses $19,025
Total Income +$58,000
Total Expenses -$19,025
NOI +$38,975
Ask Price
$535,000
7.28 % Cap Rate
Although all information is furnished regarding for sale, rental or financing is from sources we deem reliable, such information has not been verified and no express representation is made nor is any to be
implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. Buyer must verify
the information and bears all risk for any inaccuracies.
Scalzo Group
15 Croton Avenue
Aerial View
1 Story
1 Story
2 Stories Basement
Warehouse Area
Storage
Reception Area Office
Bath
Saw Mill River Road
87
37
25
75
20
20
70
55
Scalzo Group
15 Croton Avenue
Property Photos
Scalzo Group
15 Croton Avenue
Contact
Julio Vitolo
Licensed NYS Real Estate Sales Person
Coldwell Banker Commercial
Scalzo Group
2500 Westchester Avenue
Suite 109
Purchase, New York 10577
914.490.1303 (Cell)