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Redevelopment Opportunity 179 Lindsey Ave 10,000 SF 100% Leased Retail Building Buchanan, NY 10511 $1,730,000 CAD ($173.00 CAD/SF)



Executive Summary
Redevelopment Opportunity. 179 Lindsey Avenue presents an investment and redevelopment opportunity in the Village of Buchanan, NY. This approximately 10,000-square-foot property is ideally positioned for investors, /developers, seeking a well-located asset with strong value-add potential. Conveniently situated near Route 9 and Metro-North rail service, the property offers excellent accessibility for both commercial and residential tenants, making it an attractive opportunity in the growing Hudson Valley market. Located within the C-1/C-2 Overlay District, which allows retail on the 1st floor and residential on the upper levels, the existing structure features 10-foot ceiling heights, three loading doors, six on-site parking spaces, and connected municipal water, sewer, and electric services. Additionally, the site may offer the potential to construct a third story, subject to municipal approvals, providing investors with the ability to further increase income and long-term value. With its strategic location, flexible zoning, existing infrastructure, and redevelopment potential, 179 Lindsey Avenue represents a unique opportunity to acquire and transform a versatile commercial asset in one of Northern Westchester's most desirable and accessible markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,000 SF
Building Class
C
Year Built
1900
Price
$1,730,000 CAD
Price Per SF
$173.00 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.35 AC
Parking
3 Spaces (0.3 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2201-043-016-00002-000-0038 | Improvements Assessment | $18,327 CAD |
| Land Assessment | $1,791 CAD | Total Assessment | $20,119 CAD |
Property Taxes
Parcel Number
2201-043-016-00002-000-0038
Land Assessment
$1,791 CAD
Improvements Assessment
$18,327 CAD
Total Assessment
$20,119 CAD
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Redevelopment Opportunity | 179 Lindsey Ave
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