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Renovated Triplex with Retail
For Sale
$925,000

114-116 Ferris Avenue, White Plains, NY 10603

Residential Income, White Plains, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market49

Property Features for 114-116 Ferris Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
Parking 5
Parking features Assigned
Interior features First Floor Bedroom, First Floor Full Bath, Eat-in Kitchen
Basement Walk-Out Access, Unfinished, Storage Space, Full
Lot features Back Yard
Elementary school White Plains (Controlled Parents' Choice)
Middle school White Plains Middle School
High school White Plains Senior High School
Elementary school district White Plains
Middle school district White Plains
High school district White Plains
Directions I-287 to Exit 8 (Westchester Avenue/Bloomingdale Road). Follow signs toward downtown White Plains. Continue onto Hamilton Avenue, then turn onto Ferris Avenue. Property is located at 114 Ferris Avenue on the right. Conveniently located just minutes from the White Plains Metro-North Station, downtown White Plains, shopping, restaurants, and major parkways
Standard status Active
APN 1700-125-050-00001-000-0012
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10617

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Oil, Hot Water(Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1925
Number of units 3
Flooring type Wood, Tile
Building materials Vinyl Siding
Architectural style Colonial
Listing Agency: C. J. Pagano & Sons, Inc.
Listed By: Christopher Krzeminski · License #10301223659
Added: Jul 24 Changed: Sep 6 Last Checked: Sep 10 at 10:06AM
MLS# 1030765

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1925 Colonial property combines two renovated two-bedroom apartments with a retail storefront. One apartment is leased through February 2027, while the other is vacant and renovated. The storefront is leased through February 2031 under a five-year term with annual rent escalations. The retail tenant pays its own electric service, and the landlord covers heat for the property. Interior features include first-floor bedroom and full-bath accommodations, an eat-in kitchen, tile and wood flooring, and a basement. Heating is provided by hot water and oil, with wall or window unit cooling.

The property sits on 0.1362 acres in White Plains, near I-287 and the Bronx River Parkway. White Plains Metro-North Station is 0.4 miles away. Rear driveway parking is available, with street parking serving retail customers. Public water and public sewer serve the property.

Key Highlights

  • Two renovated two‑bedroom apartments plus a leased retail storefront
  • Apartment lease runs through February 2027
  • Retail storefront leased through February 2031 on a five‑year term

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Florist (Bike/Boat/Book/etc) Store Catering Service Fish Market Butcher Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,086
Businesses Nearby

Demographics for 10603, NY

18,033
Population
7,624
Households
2.4
Avg Household Size
41
Median Age
47%
College-Educated
88%
High-School Grad
3.4 sq mi
ZIP Area
5,304
Density / Sq Mi
$121,450
Median Household Income
$56,466
Median Earnings
$1,905
Median Rent
$499,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use property with two apartments, a leased storefront, rear parking, and public utilities.
Where is this triplex located?
The property is located at 114-116 Ferris Avenue White Plains, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Two renovated two‑bedroom apartments plus a leased retail storefront; Apartment lease runs through February 2027; Retail storefront leased through February 2031 on a five‑year term
More about this property
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