411 Theodore Fremd AveRye, NY 10580

For Lease
$22.32/SF/YR View listing
  • Office buildings
  • 110,000 SF

Property Details for 411 Theodore Fremd Ave

Year built
2011
Lot size
9.62 AC
Property size (Sq ft)
110,000 SF
Zone code
B4
Property type
Office buildings
APN
551400 146-13-1-9-1
APU
55140014613191

Description

This Class A office building in Westchester County offers 16,747 square feet of versatile workspace. Located at 411 Theodore Fremd Avenue in Rye, this well-connected business hub provides easy access to I-95 and New York City. The building, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant. The property offers a range of options, including private, fully furnished and equipped offices tailored to individual needs, from single-person setups to larger corporate spaces. Serviced, custom, disaster recovery, and day offices are available. A comprehensive benefits program includes exclusive discounts and procurement support. Beyond private offices, the building boasts coworking spaces designed for collaboration, featuring dedicated desks and hot-desking options. Modern meeting rooms equipped with the latest technology are also available, along with catering services. Virtual office options are also provided, including mail forwarding and call answering services. Elevators are present in the building. Membership options offer flexibility, catering to various work styles, with access to a global network of locations. Images shown may not represent this specific center. Pricing is subject to change based on selection and services.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,186,286
    6.5%
    $16,787,340
    7%
    $15,588,245
  • Comparable approach

    Method
    Valuation
    Relative Method
    $14,372,600
    Geo Method
    $14,372,600
  • Alternative Use

    Use
    Valuation
    Residential
    $20,816,302
    Hospitality
    $19,067,622
    Educational
    $15,864,037
    Medical
    $16,409,625
    Retail
    $24,677,390
411 Theodore Fremd Ave, Rye, New York

Location Insight

City
Rye
County
Westchester
State
New York
Latitude
40.9733
Longitude
-73.7009
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
-
$175,000
$145,890
$320,890
-
$13,565,891
$11,309,302
$24,875,193

FAQs

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