- New Developments
243245247 Route 100 - Somers, New York
VERY SPECIAL INVESTMENT OPPORTUNITY -Pinewood Business Center, a beautiful arrangement of 3 individual buildings situated on a campus of 14.5 spectacular acres conveniently located on Route 100& close to 684.The main office building is 2-Stories with an atrium lobby, elevators & 21 rental units. Building #2 is the Sports Center,a 25,000sf multi use sports complex opened to the public! Building #3 is warehouse space hidden from view with 9 rental units w/ offices on the 2nd floor. This building offers loading docks, high ceilings and garage doors & has a separate entrance directly off of Rte 100. BONUS: AT & T Cell Tower, tucked away from view with current rent of $22,776 per year. Current Cap Rate of 7.29 % is reflective of the vacancy left by the owner as they relocated. TOWN FULL MARKET ASSESSMENT OF $5,689,500. This building is Well maintained with many improvements. Leases, rental amounts & expenses upon request!
This listing courtesy of Douglas Elliman
575 MADISON AVENUE, NEW YORK, NY 10022. 212. 891.7000 © 2018 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. CalBRE# 01947727
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