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Mixed-Use Property with Retail
For Sale
$925,000

114-116 Ferris Avenue, White Plains, NY 10603

Commercial Sale, White Plains, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market47

Property Features for 114-116 Ferris Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning RM-1.5
Rooms Basement
Parking features Assigned
Basement Walk-Out Access, Unfinished, Storage Space, Full
Appliances Gas Oven, Refrigerator
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 Hot Water(Heating)
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Amenities

on-site parking

Building Details

Year built 1925
Floors in Building 1
Number of units 3
Flooring type Wood, Tile
Building materials Vinyl Siding
Listing Agency: C. J. Pagano & Sons, Inc.
Listed By: Christopher Krzeminski · License #10301223659
Added: Jul 24 Changed: Sep 6 Last Checked: Sep 8 at 5:06PM
MLS# 1030466

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 mixed-use property at 114-116 Ferris Avenue includes two 2-bedroom apartments and a retail storefront. Both apartments have been renovated; the second-floor residence is leased through February 2027, while the first-floor unit is vacant. The storefront is leased through February 2031 under a 5-year term with annual rent escalations. The retail tenant pays its own electric service, while the landlord covers heat for the property.

Built in 1925 on 0.1362 acres, the property is zoned RM-1.5 and includes rear driveway parking, assigned parking, and street parking for retail customers. It is located 0.4 miles from the White Plains Metro-North Station, with access to I-287 and the Bronx River Parkway. The building has vinyl siding, wood and tile flooring, hot-water heating, window or wall/window cooling units, public water, and public sewer.

Key Highlights

  • Two renovated 2‑bedroom apartments plus a leased retail storefront
  • 0.1362‑acre mixed‑use property zoned RM‑1.5
  • Second‑floor apartment leased through February 2027

Property Analytics

Current Use

Storefront properties

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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Mixed-use property - Renovated apartments accompany a leased storefront, with rear parking and public water and sewer service.
Where is this mixed-use property 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 2‑bedroom apartments plus a leased retail storefront; 0.1362‑acre mixed‑use property zoned RM‑1.5; Second‑floor apartment leased through February 2027
More about this property
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