12 White Street

The Village of Buchanan is a small, well-established municipality in northern Westchester County, on the eastern bank of the Hudson River between the villages of Peekskill and Cortlandt. Its position gives businesses convenient access to Route 9, the Bear Mountain and Taconic State Parkways, and the Metro-North Hudson Line — connecting the area both to the broader Hudson Valley and, southbound, to New York City. That access has made Buchanan and the surrounding northern Westchester submarket increasingly attractive to industrial, flex, and distribution users seeking proximity to the metro New York population base without the cost and constraints of space closer to the city core. The result is a compact riverfront community whose parkway and rail access, Hudson River frontage, and short drive to Peekskill and Cortlandt support steady demand from the contractors, distributors, and service businesses that fill its industrial space.Northeast Private Client Group, Inc. is pleased to present 12 White Street Industrial, a ten-suite multi-tenant industrial building on roughly 1.63 acres in the Village of Buchanan, New York — on the eastern bank of the Hudson River between the villages of Peekskill and Cortlandt, with access to Route 9, the Metro-North Hudson Line, and the Bear Mountain and Taconic State Parkways. The building is configured as 10 individual suites that offer a diversified income stream with strong upside potential for either an investor or an owner-user. Seven of the ten suites are currently leased to tenants, who pay for their electric and heating, keeping the owner expense load light. The remaining three suites will be vacated by the current owner at closing, creating a unique opportunity for two distinct buyer profiles: an owner-user seeking industrial or flex space for their own operations can acquire the property with immediate access to roughly 30% of the building at closing while benefiting from in-place tenant income on the remaining suites to help offset carrying costs. A value-add investor can absorb the vacated space, re-tenant at market rents, and benefit from a multi-tenant structure that diversifies rollover risk across ten separate leases rather than concentrating exposure with a single tenant. The multi-tenant format also provides flexibility to subdivide, reconfigure, or consolidate suites to suit future leasing demand or an owner-user's specific space requirements, and the property's location in Buchanan offers convenient access to regional transportation corridors and the broader Hudson Valley and lower Westchester industrial market. With its diversified income base, manageable lot size, and a built-in vacancy component at closing, this property is well positioned to attract both income-focused investors.