Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
11,600 SF
Site
1.94 acres
Price / SF
$375
The offering
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.
Building & site
Interest conveyedFee simple
Gross building area11,600 SF
Building typeIndustrial
Property typeIndustrial
Land area1.94 acres
Land area, SF84,574 SF
WaterNone
SewerNone
HeatElectric
Tax parcel55428980.14-1-30
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.
Taxes & assessment
2025 taxes
$41,249
Assessed value
$1,360,300
Land assessment
$1,046,500
Full market value
$0
Owner of record
WATSKY & DAMM INC
School district
Ossining
Property class
433
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.