1-5 Fallsview

Croton Falls, NY 10509 Directions
$2,800,000
  • 38,000Sqft
  • 1901Built
  • $68,145Taxes
  • $74Price/Sqft

Property Highlights

  • Municipality: North Salem
  • MLS: 4905645

Property Highlights

  • Municipality: North Salem
  • MLS: 4905645

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...

Property Highlights

  • Municipality: North Salem
  • MLS: 4905645

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.

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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  • Additional Information
    • Days On Market: 9
    • Living Area SqFt: 38,000
    • Parking: Common, Lot Parking
    • Sewer: Septic
    • Tax Amount: $68,145
    • Tax Year: 2017
    • Transaction Type: Sale
    • Type: Commercial
    • Year Built: 1901
    • Year Built Details: Actual
    • Year Renovated: 1974
    • Zoning: GC

Listing Courtesy of Houlihan Lawrence Commercial.

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