This exceptional two-story, 13,520-square-foot creative office building in Pleasantville, NY, is offered for sale for the first time in 25 years. Situated on a 0.76-acre lot with convenient access to NY Route 117 (9,300+ daily traffic count), this property boasts a prime downtown location. The building, originally constructed in 1962 and extensively renovated in 1999 and 2014, features modern office spaces, private offices, workstations, and conference rooms of varying sizes. Ceiling heights range from 12 to 14 feet, providing a spacious and airy atmosphere. Currently corporately owned and occupied, approximately 8,500 square feet will be vacated by October 2024, unless otherwise agreed upon by the buyer and seller. The building's strategic location offers easy access to the Metro North Train Station, shopping, restaurants, theater, and bus routes, as well as convenient access to the Saw Mill River Parkway and Taconic State Parkway. On-site parking is available. The property is zoned RO-2. The asking price is $4,500,000, translating to $332.84 per square foot. This presents a unique opportunity to acquire a well-maintained, highly visible commercial property in a thriving Westchester County location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,232,614
6.5%
$2,060,875
7%
$1,913,670
Comparable approach
Method
Valuation
Relative Method
$1,764,433
Geo Method
$1,764,433
Alternative Use
Use
Valuation
Residential
$2,555,485
Hospitality
$2,340,810
Educational
$1,947,527
Medical
$2,014,505
Retail
$3,029,486
Location Insight
City
Pleasantville
County
Westchester
State
New York
Latitude
41.1351
Longitude
-73.7941
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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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.
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