500 Sandford BlvdMount Vernon, NY 10550

  • Community centers
  • 140,250 SF

Property Details for 500 Sandford Blvd

Lot size
3.00 AC
Property size (Sq ft)
140,250 SF
Property type
Community centers
APN
550800 169.42-4078-2.101
APU
5508001694240782101

Description

This exceptional flex space, located at 500 E Sandford Blvd in Mount Vernon, New York, offers 51,047 square feet of immediately available space within a larger 246,888 square foot building. The property is situated in Westchester County and boasts a convenient location with ample parking. The building features a single, large suite ideal for a variety of commercial uses, including retail and industrial applications. With a ceiling height of 18 feet, the space provides excellent vertical clearance for storage or specialized equipment. The property offers a total of 1,098 parking spaces, ensuring convenient access for employees, customers, and visitors. This multi-tenant building presents a unique opportunity for businesses seeking a substantial and versatile space in a prime Westchester County location. The property's size and features make it suitable for a wide range of businesses requiring significant space and convenient parking. The address is 500 E Sandford Blvd, Mount Vernon, NY 10550. The property is classified as retail and industrial, with a flex subtype. This is a rare opportunity to lease a large, well-located space in a thriving area. Contact us today to learn more about this exceptional property and schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,530,800
    6.5%
    $24,490,000
    7%
    $22,740,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $19,058,100
    Geo Method
    $19,058,100
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $47,757,900
    Mixed-Use / Specialty
    $24,402,700
    Hospitality / Lodging
    $17,903,500
    Office
    $24,257,700
    Institutional / Educational
    $25,369,000
    Residential Income
    $29,681,700
    Multifamily
    $35,598,600
    Automotive / Energy
    $21,744,800
    Parking / Income-Based Land
    $7,503,870
    Restaurant / Food Service
    $12,692,000
    Healthcare / Senior Housing
    $25,024,500

Location Insight

City
Mount Vernon
County
Westchester
State
New York
Latitude
40.901
Longitude
-73.8177
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
-
$100,000
$400,000
$500,000
-
$5,847,953
$23,391,813
$29,239,766

FAQs

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Please email our support team at [email protected] and they will add the team member.
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