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Single-Tenant Medical Center
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259 Heathcote Road, Scarsdale, NY 10583

Two-building healthcare facility with specialized imaging areas and a long-term net lease structure.

Property Size9,043 SF
Lot Size1.49 Acres
Days on Market2

Property Features for 259 Heathcote Road

General Information

Standard status Active
Size 9,043 SF
Total Parking Spaces 70
Lot size 1.49 Acres
Property subtype Healthcare
Occupancy 100%

Building Details

Buildings 2
Tenancy Single
Parking Ratio 7.7 per 1,000 SF
Listing Agency: CBRE | Midtown Manhattan
Listed By: Louis Zuckerman
Source: Cbre
Added: Sep 6 Changed: Sep 7 Last Checked: Sep 7 at 6:11AM

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 CBRE | Midtown Manhattan

Investment Insights

Based on property information with market context.

This 9,043-square-foot medical center comprises two buildings on a 1.49-acre property in Scarsdale. The facility is configured for a single healthcare occupant and includes specialized X-ray and bone density areas, along with 70 parking spaces.

White Plains Hospital (Montefiore) occupies the property under a 100% NNN lease, with a five-year extension option. The lease includes a 27% expansion of the occupied area, and the tenant has maintained a presence at the property for 72 years. Located at 259 Heathcote Road, the facility is positioned in Scarsdale and serves as an established medical-use property.

Key Highlights

  • 9,043 square feet across two medical buildings
  • 1.49‑acre property in Scarsdale
  • 100% NNN leased to White Plains Hospital (Montefiore)

Property Analytics

Current Use

Dr. Michael Palumbo Physician Dr. Erica Goldberger Physician Dr. Avtar Singh Physician Yung David T ... Physician Michael Levy, MD Physician

Suggested Use

Top Pick Law Firm Dental Office Restaurant Hair Salon Auto Repair Shop Spa & Massage Center

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby

Demographics for 10583, NY

41,589
Population
14,914
Households
2.8
Avg Household Size
43
Median Age
81%
College-Educated
98%
High-School Grad
12.4 sq mi
ZIP Area
3,354
Density / Sq Mi
$250,001
Median Household Income
$118,226
Median Earnings
$2,476
Median Rent
$1,131,700
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical center - Two-building healthcare facility with specialized imaging areas and a long-term net lease structure.
Where is this medical center located?
The property is located at 259 Heathcote Road Scarsdale, NY.
What are key features of this property?
This property features: 9,043 square feet across two medical buildings; 1.49‑acre property in Scarsdale; 100% NNN leased to White Plains Hospital (Montefiore)
More about this property
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