280 Central AveHartsdale, NY 10530

  • Office properties
  • 58,503 SF
For Lease
$28/SF/YR View listing

Property Details for 280 Central Ave

Year built
1967
Lot size
1.77 AC
Property size (Sq ft)
58,503 SF
Zone code
CA
Property type
Office properties
Property subtype
Office buildings
APN
552689 8.210-152-9
APU
55268982101529

Description

The Fortune Building, located at 280 N Central Ave, Hartsdale, NY 10530, offers a prime medical office space opportunity. This single-suite building totals 58,000 square feet and currently has 3,045 square feet immediately available for lease. The space is suitable for a variety of medical or traditional office uses, given its flexible layout. The building is situated in a highly desirable location along Central Avenue in Hartsdale, offering excellent visibility and convenient access to major highways, simplifying commutes for both staff and clients. Its proximity to White Plains provides additional advantages in terms of accessibility to amenities and a larger workforce pool. Ample parking is available on-site, addressing a key concern for both patients and employees. The minimum leasable space is 3,045 square feet, and this is also the maximum contiguous space currently available. The building is classified as a multi-tenant property, although only one suite is currently available. This presents a unique opportunity for a business seeking a prominent location with excellent accessibility and ample parking in a thriving area of Westchester County. Interested parties should inquire promptly to secure this exceptional space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,672,293
    6.5%
    $8,928,271
    7%
    $8,290,537
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,644,002
    Geo Method
    $7,644,002
  • Alternative Use

    Use
    Valuation
    Residential
    $11,071,056
    Hospitality
    $10,141,028
    Educational
    $8,437,216
    Medical
    $8,727,385
    Retail
    $13,124,558
280 Central Ave, Hartsdale, New York

Location Insight

City
Hartsdale
County
Westchester
State
New York
Latitude
41.0265
Longitude
-73.7909
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$2,306,400
$4,797,900
$7,104,300
-
$2,306,400
$4,797,900
$7,104,300

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