423-425 Western Highway, Tappan, NY – $1,950,000

Light Industrial Office & Single Family Residence

Asking Price $ 1,950,000

Price $ 1,950,000 Cap Rate 8%
Building Size 16,000 SF No. Stories 1
Price/SF $ 121.88 Building Class B
Property Type Office Tenancy Single
Property Sub-type Office Building Lot Size 1.53 AC
Property Use Type Investment

We are pleased to offer this Light Industrial / Office with a Single Family Residence in Tappan.
The fully functional 1100 Sq Ft Office space has a Conference Room and Kitchen all located within a single story building. A/C, heating, vents, phone and comms lines are already in place. The ceiling height is 9’6.
Tenant pays 70% of Taxes, Utilities and Routine Maintenance.
Current taxes are $ 40,000/Yr

Located 1 mile from the Palisades Highway and 5 miles from the New York State Thruway. Close to Bus Line.

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