The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisors to offer for sale four New York area properties. This presents a unique opportunity to acquire a physically stabilized self-storage portfolio with above-average market rents in the nation’s most densely populated market through a 100% sale. The properties are located throughout the New York Metro area in Yonkers, Long Island City, White Plains and Brooklyn.
The first location is in the Dunwoodie neighborhood of Yonkers near the Cross County Shopping Center and the Dunwoodie Golf Course. The property features convenient climate-controlled storage and an advanced surveillance system. The bright, modern facility accommodates 1,797 units situated throughout 130,851 square feet of space.
The next location can be found right on the Queens side of the Queensboro Bridge, offering convenient storage for nearby NYU and Columbia students. The property features convenient climate-controlled storage, ground floor and elevator units, covered storage for vehicles and an advanced surveillance system. This established facility is compromised of 1,204 various-sized climate controlled units including indoor covered parking all within a contemporary 71,458 square foot structure. This property benefits from New York City’s ICAP tax abatement program.
The White Plains location is just a short drive from the Galleria White Plains as well as the Westchester shopping mall. This 52,251 square-foot property offers a mix of 942 climate-controlled units and lockers, plus a covered loading dock for convenient drive-up access and video surveillance.
Finally, the Brooklyn property is located just south of the famed Wyckoff House Museum near Target and Staples. This convenient commercial location affords easy access to features like climate-controlled units of various sizes. The ample 72,734 square-foot structure accommodates 1,320 units which are safeguarded by a state-of-the-art video surveillance system.
In summary, this opportunity is an ideal storage investment: all locations are situated within the country’s most densely populated metro area in high-visibility locations with access to major retail.