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Commercial in Westchester County
MLS Number4905645
Address1-5 Fallsview, Croton Falls, NY 10509 show map
Price$2,100,000 show mortgage calculator
Acres0.0000
Year Built1901
Est. Sq. Footage38000
ZoningGC
Current Uses
Permitted Uses
Remarks

Ideal investment opportunity. 10 acre industrial park of six buildings. The buildings, the land, the bridges, the grounds have good bones. This property is zoned for commercial business. All buildings and property have been maintained and while 100% leased, the rents are low. A future landlord may want to upgrade the buildings to encourage tenants with higher rents. Bridge entrance over Croton Falls to the five tenant buildings has ample parking. Two largest buildings used for light manufacturing/industrial, three others as office and warehousing. Building #6 which was rebuilt in 1984 is a fully operational hydroelectric turbine and has been leased by Electric Company ever since. Includes long term lease with Electric Company(pays $.06 per kilowatt monthly income .) Property sold "as is". Rent roll and income/expense statements available upon request.

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