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Submitted URL: http://email-links.crexi.com/ls/click?upn=wWW-2F8ApqeYXF1sztMCr45QoLrc19QLa7y04Fa6B6wLHuYw4UPY9LnDAWteXgnAjyXiKjF9DBLpNsWTSG4...
Effective URL: https://www.crexi.com/properties/718382/new-york-838-pelhamdale-ave?crexi_url_type=2&utm_source=marketing-portal&utm_m...
Submission: On March 10 via api from CH — Scanned from DE

Form analysis 3 forms found in the DOM

#

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Text Content

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 1. For Sale
 2. Office
 3. NY
 4. New Rochelle
 5. 838 Pelhamdale Ave
    


Request Info

Street View
Map View
Gallery 10




838 PELHAMDALE AVE

Well Maintained Office Space in Co-op Building
Flyer

Submit LOI


LISTING CONTACTS

 * Paul Moulins Pro
   License: NY 10301216988
   Phone Number: Sign Up or Log In to see phone number
   View my profile
 * Domenick Canale
   License: NY10301210164
   Phone Number: Sign Up or Log In to see phone number
   View my profile
   


ACTIVE

Asking Price:Unpriced

Deal terms are not currently defined. Request your own specific terms when
submitting a non-binding offer.

Learn more
 * Property


 * DUE DILIGENCE

   
   

Address 


838 PELHAMDALE AVE, NEW ROCHELLE, NY 10801

Show on Map
Date Added
Dec 16, 2021
Days on Market
83 days
Time Since Last Update
2 days


DETAILS

Property TypeOffice
SubtypeCreative Office, Medical Office
TenancySingle
Square Footage875


MARKETING DESCRIPTION

This is a great office space in a well-maintained Co-op building. Plenty of
possibilities for a variety of business types. 875 square feet seperated by
different rooms allows for olenty of creativity. Currently set up as a small
office, recpetion area, waiting room , and half bath. Private entrance on side
of the building. Monthly maintenance of $747 with heat and water included.
Plenty of unassigned parking spaces in the lot. conveniently located by
Hutchinson Parkway, I95, and Cross County Expressway.


INVESTMENT HIGHLIGHTS

 * Parking Spaces 
 * Heat Included 
 * Hot Water Included 
 * A/C Unit 
 * Intercom 


VALUATION CALCULATOR

Purchase Price
Net Operating Income
Down Payment

50
Interest Rate
Term (years)
Loan Amount



$--

Annual Debt Service



$--

$-- /MO

Annual Cash Flow



$--

$-- /MO


VALUATION METRICS


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--
DSCR

--
Cap Rate

--
ROI

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INSIGHTS BY CREXI INTELLIGENCE


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1 mile
3 miles
5 miles


Current Demographics

Population
514k
1%
Compared to 674k in 2016
0%
Compared to 572k in 2019
2016 2016 2017 2017 2018 2018 2019 2019 2020 2020 0 0 200k 200k 400k 400k
Household Income
$84.3k

Median Income
$22.8k
2025 Estimate
0%
Growth Rate
$25k-$50k $25k-$50k $50k-$100k $50k-$100k $100k-$150k $100k-$150k Over $150k
Over $150k
Age Demographics
38

Median Age
39
2025 Estimate
2%
Growth Rate
Under 18 Under 18 18-24 18-24 25-44 25-44 45-64 45-64 Over 64 Over 64
Number of Employees
14.8k
Top 5 Employment Categories

Office & Administrative Support
Production
Sales & Related
Food Prep & Service
Management
Housing Occupancy Ratio
10:1
10:1 predicted by 2025

Occupied
Vacant
Renter to Homeowner Ratio
8:1
6:1 predicted by 2025

Renters
Homeowner
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The Loan Amount is your Purchase Price minus the Down Payment.
Debt Service is the cash required to pay back the principal and interest of
outstanding debt
Your Cash Flow is the Net Operating Income (NOI) minus the Debt Service.
Debt Service Coverage Ratio (DSCR) is a measure of the cash flow available to
pay
Capitalization Rate (Cap Rate) is calculated by dividing a property's Net
Operating Income by the
Your Return on Investment or cash-on-cash return measures the amount of cash
flow relative to the