Renovated Condo in Downtown
For Sale
$349,000
10 Nosband Avenue Unit 1L, White Plains, NY 10605
Updated commercial space ideal for various professional services.
Property Size1,211 SF
Price / SF$288.19
Days on Market198
Property Features for 10 Nosband Avenue Unit 1L
General Information
Standard status
Active
Size
1,211 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$10,200
Building Details
Building Size
1,211 SF
Year Built
1930
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Kenneth Lefkowitz · License #31ME0873322
(914) 962-4900
Source:
Cottiemaxwellrealestate
Added: Apr 6
Changed: Oct 8
Last Checked: Oct 19 at 1:26PM
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.
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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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,544
Cap Rate
5.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,880
$370.9K
Cap Rate 7%
$264,914
$264.9K
Cap Rate 9%
$206,044
$206.0K
Market Conditions
NOI Build-Up for 1,211 SF
Gross rent
$33.3K $27.48/SF
− Vacancy
−$8.6K −$7.06/SF
EGI
$24.7K $20.42/SF
− OpEx
−$6.2K −$5.10/SF
NOI
$18.5K $15.31/SF
Area
Westchester County, NY
Vacancy
25.70%
Lease Rate
$27.48 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,880
Cap Rate 7%
$264,914
Cap Rate 9%
$206,044
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,853
Businesses Nearby
Explore this area
Business Placement
Demographics for 10605, NY
19,438
Population
8,537
Households
2.3
Avg Household Size
45
Median Age
66%
College-Educated
93%
High-School Grad
5.4 sq mi
ZIP Area
3,600
Density / Sq Mi
$145,587
Median Household Income
$86,040
Median Earnings
$2,195
Median Rent
$761,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Updated commercial space ideal for various professional services.
Where is this office unit located?
The property is located at 10 Nosband Avenue Unit 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.
