Brick 11-Unit Multifamily
For Sale
$1,650,000
141 Ferris Avenue, White Plains, NY 10603
11-unit brick multifamily with on-site parking and a mix of ETPA-regulated and rent-controlled apartments.
Property SizeContact for details
Days on Market54
Property Features for 141 Ferris Avenue
General Information
Standard status
Active
Total Parking Spaces
17
Property subtype
Commercial
Additional Details
Highway Access
Yes
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$27,898
Amenities
Natural Gas Heating
Off Street
Building Details
Year Built
1924
Tenancy
Multi
Listing Agency:
HOWARD HANNA RAND REALTY
(914) 328-0333
Listed By:
DONNA VIENI
Source:
Corcoran
Added: Jun 29
Changed: Aug 21
Last Checked: Aug 21 at 9:04AM
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 HOWARD HANNA RAND REALTY
Investment Insights
Based on property information with market context.
This brick multifamily building contains 11 total apartments. The unit mix includes nine ETPA-regulated apartments and two rent-controlled apartments. The property is described as being in great condition and is configured as a single investment asset with on-site parking to support resident convenience.
The building is located at 141 Ferris Avenue in White Plains, near the Metro-North Railroad. It also has access to local shops and bus lines, with proximity to major parkways and highways, which can be beneficial for tenant commuting and everyday needs.
For prospective investors, the appeal of this property is its defined residential income structure across ETPA-regulated and rent-controlled units. Existing parking accommodations include space for up to 15 cars plus a 2-car garage, supporting day-to-day tenant parking needs. The combination of unit count, current regulatory mix, and practical parking should be a strong baseline consideration for anyone evaluating a residential income building in White Plains.
The building is located at 141 Ferris Avenue in White Plains, near the Metro-North Railroad. It also has access to local shops and bus lines, with proximity to major parkways and highways, which can be beneficial for tenant commuting and everyday needs.
For prospective investors, the appeal of this property is its defined residential income structure across ETPA-regulated and rent-controlled units. Existing parking accommodations include space for up to 15 cars plus a 2-car garage, supporting day-to-day tenant parking needs. The combination of unit count, current regulatory mix, and practical parking should be a strong baseline consideration for anyone evaluating a residential income building in White Plains.
Key Highlights
- Brick 11‑unit multifamily building built in 1924
- Unit mix includes 9 ETPA‑regulated apartments and 2 rent‑controlled apartments
- On‑site parking for 15 cars plus a 2‑car garage
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,086
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 11-unit brick multifamily with on-site parking and a mix of ETPA-regulated and rent-controlled apartments.
Where is this apartment building located?
The property is located at 141 Ferris Avenue White Plains, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Brick 11‑unit multifamily building built in 1924; Unit mix includes 9 ETPA‑regulated apartments and 2 rent‑controlled apartments; On‑site parking for 15 cars plus a 2‑car garage
