Renovated Condo in Downtown
10 Nosband Avenue #1L White Plains, NY 10605
10 Nosband Avenue #1L, White Plains, NY, 10605
$349,000
For Sale
$349,000
Updated commercial space ideal for various professional services.
Property Size1,211 SF
Price / SF$288.19
Days on Market104
Property Features for 10 Nosband Avenue #1L
General Information
- Standard status
- Active
- Size
- 1,211 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1930
Listing Agency
HOULIHAN LAWRENCE INC.
(914) 962-4900
Listed by
KENNETH LEFKOWITZ
Source
Corcoran
Added: Apr 6 Checked: Jul 17 at 3:18 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOULIHAN LAWRENCE INC.
Investment Insights
Based on property information with market context.
This renovated first-floor business condominium is located in downtown White Plains. Unit 1L at 10 Nosband Avenue offers 1,211 square feet of updated, move-in-ready commercial space within Bristol House, a meticulously maintained 1930s prewar cooperative. The unit features ground-level access and excellent visibility, making it suitable for medical, wellness, legal, financial, insurance, real estate, or consulting uses. Bristol House is a six-story, 72-unit prewar co-op featuring a grand lobby with chandeliers, exposed wood beams, and marble floors, along with elevator service, on-site laundry, storage, a bike room, and a live-in superintendent. Two dogs are permitted. The property is located one block from Mamaroneck Avenue’s dining, retail, and nightlife corridor, offering walkability to shops, restaurants, banks, and professional services. Metro North is a short distance away, providing approximately 35-minute express service to Grand Central. There is easy access to I-287, the Hutch, and the Cross Westchester. Municipal 24-hour parking is available steps away at Shapham Place and Mamaroneck Avenue lots. An on-site garage waitlist is available. This property presents an opportunity for an owner-occupant or investor in Westchester’s premier business center.
Key Highlights
- Renovated, move‑in ready 1,211 SF commercial space.
- Excellent visibility and ground level access ideal for various professional uses.
- Prime location: one block from Mamaroneck Avenue's dining, retail, and nightlife.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $27.48 |
| − Vacancy | −$8.6k | −$7.06 |
| EGI | $24.7k | $20.42 |
| − OpEx | −$6.2k | −$5.10 |
| NOI | $18.5k | $15.31 |
1,211 SF · lease $27.48/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$264.9K
$231.8K – $309.1K
NOI $18,544 @ 7.0% cap · market cap 5.31%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$365.8K
$320.1K – $426.8K
NOI $25,606 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Orthodontic Specialists of White ...
Dental Office
Andrew Goodemote
Dental Office
Dr. Ellen Honig
Dental Office
Dr. Denise Benkel
Physician
BMW Management PC
Accounting Firm
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FAQs
What type of property is this?
Office units - Updated commercial space ideal for various professional services.
Where is this office units located?
The property is located at 10 Nosband Avenue #1L White Plains, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Renovated, move‑in ready 1,211 SF commercial space.; **Excellent visibility and ground level access** ideal for various professional uses.; Prime location: one block from Mamaroneck Avenue's dining, retail, and nightlife.
