37 Old Albany Post Road

Discover the potential of Ossining, NY, a prime location for Industrial and Manufacturing investors. Situated within close proximity to major transportation routes, this vibrant area offers easy access to the bustling economy of New York City. The property is surrounded by notable points of interest, including the Sing Sing maximum-security prison museum, emphasizing the area's rich history. Additionally, the nearby Louis Engel Waterfront Park provides a serene escape with picturesque views of the Hudson River. With its strategic location and diverse attractions, Ossining presents a compelling opportunity for Industrial and Manufacturing ventures.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.