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Well-Maintained 9-Unit Multifamily
For Sale
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291 S Lexington Ave, White Plains, NY 10606

Well-maintained 9-unit multifamily property offered for sale, with rent control protections described under ETPA.

Property SizeContact for details
Days on Market142

Property Features for 291 S Lexington Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 9
Listing Agency: J.Philip Commercial Group LLC
Listed By: Jennifer Maher · License #NY RES.0809552
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:15PM

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 J.Philip Commercial Group LLC

Investment Insights

Based on property information with market context.

This well-maintained 9-unit multifamily property is offered for sale. The building is described as producing excellent cash flow in the listing remarks.

The property is located at 291 S Lexington Ave in White Plains, NY. The listing states the property falls under “Rent Control” under ETPA, a state law that provides for rent stabilization and additional tenant protections, including limitations tied to the program.

Additional property details such as unit mix, configuration, or on-site amenities were not provided.

Key Highlights

  • Well‑maintained 9‑unit multifamily property
  • Falls under "Rent Control" protections described under ETPA (rent stabilization and additional tenant protections)

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

4,692
Businesses Nearby

Demographics for 10606, NY

16,929
Population
6,920
Households
2.4
Avg Household Size
38
Median Age
45%
College-Educated
85%
High-School Grad
1.5 sq mi
ZIP Area
11,286
Density / Sq Mi
$114,956
Median Household Income
$56,651
Median Earnings
$2,452
Median Rent
$667,900
Median Home Value

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?
Apartment building - Well-maintained 9-unit multifamily property offered for sale, with rent control protections described under ETPA.
Where is this apartment building located?
The property is located at 291 S Lexington Ave White Plains, NY.
What are key features of this property?
This property features: Well‑maintained 9‑unit multifamily property; Falls under "Rent Control" protections described under ETPA (rent stabilization and additional tenant protections)
More about this property
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