For Sale
$849,000

45 Columbia AveThornwood, NY 10594

Prime Transit-Oriented Retail Investment

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional redevelopment opportunity presents a vacant, 7,601 square foot, three-story retail building in Thornwood, NY. Currently zoned for commercial retail and multi-family use, this Class D property offers significant potential. Located at 45 Columbia Ave, 10594, this investment boasts a convenient location near train stations, restaurants, and shopping, making it a highly desirable location. The asking price is $849,000 ($111.70/sq ft). The property features one building with seven parking spaces per unit and allows for potential street-level parking within a new development. The modified lease type and vacant tenancy provide flexibility for future development. The existing structure presents a chance to create a mixed-use development, incorporating residential, retail, or office spaces. Access points on two sides enhance tenant privacy and convenience. Additional off-street parking is available. This transit-oriented property offers easy access to modern amenities and presents a compelling investment opportunity in a vibrant community. The property's current occupancy is 25%.

Highlights

  • Transit-oriented multifamily development opportunity in a prime location near train stations, restaurants, and shopping.
  • Multifamily development opportunity with convenient access to amenities and a vibrant community.
  • Potential for on-site street-level parking within a new building in a dynamic retail district, offering flexible space for residential, retail, or office uses.
  • Contemporary building design blending modern aesthetics with urban charm.
  • Dual access points provide enhanced tenant privacy and independence.
  • On-site and additional off-street parking available.

Property Details for 45 Columbia Ave

Property type
Retail properties, Retail space
Square Feet
7,601 SF
Class
D
Buildings
1
Stories
3

Location Insight

City
Thornwood
County
Westchester
State
New York
Latitude
41.119814799519
Longitude
-73.783153066069
45 Columbia Ave, Thornwood, New York

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Contacts

Clayton Livingston
Clayton Livingston
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45 Columbia Ave, Thornwood, New York, 10594

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

45 Columbia Ave
  • Clayton Livingston
    Clayton Livingston
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