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3372 Old Crompond Rd
Yorktown Heights, NY 10598

$3,887,428 USD

Restaurant For Sale  •  9,000 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 9,000 SF
  • Lot Size 0.25 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning R-3
0 Transit Score
41 Walk Score

Highlights

Attractive Pricing and Yield – Offered at $4,031,420, representing a 6.75% cap rate, delivering strong in-place cash flow
Secure Lease Structure – Triple-net lease in place through 2030 with 3% annual rent escalations and a 5-year renewal option
Modern Construction – Constructed in 2017, the ±9,000 SF masonry building occupies a ±1.76 AC site with low ±11.74% site coverage
National Credit Strength – Tenant is Hajoca Corporation, one of the largest plumbing distributors in the U.S., operating 450+ locations nationwide.
Trusted Local Brand – Locally operating as Best Plumbing, Tile & Stone, the tenant is the top-ranked plumbing fixtures and supplies retailer
Diverse Customer Base – Services both residential and trade customers through a high-end show room, professional design consultation

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Taconic Tree Care Inc

Public Transportation

Commuter RailDriveWalkDistance
Peekskill Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 11 min - 6.1 mi
Cortlandt Station (Hudson Line - Metro-North Commuter Railroad Company (Metro-North)) 18 min - 9.3 mi
AirportDriveWalkDistance
Westchester County 32 min - 24.6 mi
New York Stewart International 50 min - 29.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Daniel Murphy 214-466-2748 Matthews Real Estate Investment Services
Daniel Murphy 214-466-2748 Matthews Real Estate Investment Services