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504 5th St
Pelham, NY 10803 Pelham

$925,000 USD

Freestanding For Sale  •  2,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,000 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 7.36 %
  • Tenancy Single
  • Zoning R7A
60 Transit Score
70 Walk Score

Highlights

Prime Fifth Avenue location in the heart of Pelham’s vibrant downtown corridor, surrounded by shops, restaurants, cafés, and daily foot traffic.
Rare freestanding commercial building offering approximately 2,000 SF in one of Pelham’s most walkable and visible locations.
Delivered vacant as of July 1, creating immediate flexibility for an owner-user, investor, or redevelopment strategy.
Exceptional visibility and customer access, positioned directly across from a high-traffic restaurant.
Ample nearby public parking, enhancing convenience for future tenants, customers, or commercial users.
Rare chance to control a core Pelham asset with strong location fundamentals, flexible use potential, and meaningful long-term value creation.
Cap Rate: 7.36 %

Major Tenants

Tenant SF Occupied Lease End Date
Ballet Arts 2,000 SF

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Pelham Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 2 min 15 min 0.8 mi
New Rochelle Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 4 min - 2.0 mi
AirportDriveWalkDistance
LaGuardia 25 min - 14.6 mi
Westchester County 23 min - 15.5 mi
John F Kennedy International 32 min - 22.1 mi
Maurice Owen-Michaane 917-842-5552 Capital Realty NY LLC
Maurice Owen-Michaane 917-842-5552 Capital Realty NY LLC