www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
27106646
28195370

3372 Old Crompond Rd, Yorktown Heights, NY 10598

JL
TX TX 712201
Matthews
Listed by Matthews
$3,887,428
58 days on market
Updated 30 days ago

Best Plumbing Tile and Stone (Hajoca)

Details
Property Type Industrial, Retail
Sub Type Storefront
Square Footage 9,000
Net Rentable (SqFt) 9,000
Cap Rate 7.21%
NOI $280,284
Tenancy Single
Lease Type NNN
Remaining Term 5
Price per SqFt $432
Year Built 2017
Acreage 1.760
Zoning R-3
Parking Spaces spaces

Hajoca Corporation | 7.21% Cap Rate | 3% Annual rent Increases

Investment highlights

  • Attractive Pricing and Yield – Offered at $3,887,428, representing a 7.21% cap rate, delivering strong in-place cash flow backed by a national credit tenant.
  • Secure Lease Structure – Triple-net lease in place through 2030 with 3% annual rent escalations and a 5-year renewal option, providing predictable, inflation-hedged income with limited landlord obligations.
  • Modern Construction – Constructed in 2017, the ±9,000 SF masonry building occupies a ±1.76 AC site with low ±11.74% site coverage, supporting long-term residual land value.

Tenant Highlights – Hajoca

  • 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 in Yorktown Heights.
  • Diverse Customer Base – Services both residential and trade customers through a high-end show room, professional design consultation, and delivery capabilities.
  • Stable Operator – Established presence with a strong track record and reputation in the northern Westchester market, underscoring operational stability.
  • Reliable Income Growth – Lease features fixed annual rent escalations, ensuring consistent income growth and long-term revenue predictability.

Area Highlights

  • Premier Westchester Location – Strategically located in Westchester County, one of New York’s most affluent suburban markets, with average household incomes exceeding $189,076 within a ±5-mile radius.
  • Prime Frontage and Visibility – ±132 feet of direct frontage along Old Crompond Road/Route 202, offering exceptional visibility and continuous brand exposure.
  • High-Traffic Corridor – Positioned along one of northern Westchester primary east–west arteries, facilitating access for residential communities, daily commuters, and regional commercial activity.
  • Regional Growth Market– Yorktown Heights benefits from a stable population base, high homeownership levels, and sustained demand for specialty retail and service providers, reinforcing tenant performance.

Listing Contacts

JL
TX TX 712201
Matthews
Listed by Matthews

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$280,284.00
$23,357.00/mo

Valuation Metrics

0
DSCR
7.21%
Cap Rate
7.21%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Cory Rosenthal
License
10991237833, 10311210106 (NY)
Brokerage
Matthews Real Estate Investment Services
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
575 5th Ave., Ste 2810 New York, NY 10017
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591