1 Lawrence Street
About This Property
Zoning is GI - General Industrial. Direct access for commercial vehicles via Route 9A (Saw Mill River Road) and Interstate 87. Neighbors include New York Sports Club, Verizon, Starbucks. Uses include light manufacturing, wholesale, indoor storage and warehousing establishments, building supply and motor vehicle storage, motor vehicle repair ETC. Auction will start after cleaning the property by April 2023. Additional Information: SoilType:Unknown,
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | No longer available | - | |
| No longer available | |||
| Jun 24, 2022 | Listed by CENTURY 21 ROYAL | $3,999,000 | |
| Listed by CENTURY 21 ROYAL | |||
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This is a 10 Plus acres vacant Land in Ardsley on General Industrial Zoning at the corner of Saw Mill River Rd and Lawrence Street. This site was used by Akso Nobel for manufacturing of Catalyst and it is a contaminated site. Seller will provide the clearance from NYDEC. All the disclosures regarding the issues and other documents are attached with the listing documents. Since it is an auction property, must log in to the auction site to bid and the bid start from $3,999,000. 10.77 acres of vacant land located just 35 minutes north of Manhattan, NY. Zoning is GI - General Industrial. Direct access for commercial vehicles via Route 9A (Saw Mill River Road) and Interstate 87. Neighbors include New York Sports Club, Verizon, Starbucks. Uses include light manufacturing, wholesale, indoor storage and warehousing establishments, building supply and motor vehicle storage, motor vehicle repair ETC. Auction will start after cleaning the property by April 2023.
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About Westchester
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Data Source: OneKey MLS
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