Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Office Space in Bronxville Title is generated by Realmo AI

    2 Park Place #4, Bronxville, NY 10708

    View on Map
    Claim this Listing
    For Lease
    $2,050 /Mo

    Recently remodeled office space in central Bronxville location.

    Type:Commercial
    Added:
    Oct 6, 2025
    Days on Market:
    241
    Last Refresh:
    Apr 5 at 11:28 pm

    Property Features for 2 Park Place #4

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    RAYMOND E. INELLO

    Listing agent RAYMOND E. INELLO

    Listing office HOULIHAN & O'MALLEY R. E. SERV

    Listing date Oct 6, 2025

    Source Corcoran

    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 HOULIHAN & O'MALLEY R. E. SERV

    HighLights

    • Prime location in the heart of Bronxville, offering exceptional convenience to food, shopping, and transportation.
    • Close proximity to the Bronxville Metro North Train Station, providing a quick 28‑minute commute to Grand Central.
    • Recently remodeled space with fresh paint and brand new carpet.
    • Abundant natural light from oversized windows and two large skylights.
    • Independent HVAC unit and thermostat for personalized climate control.
    • Recently remodeled main entrance and hallways.

    Overview

    This sun-filled office space, located on the second floor, features oversized windows and two large skylights. The space has been recently remodeled with fresh paint and new carpet. It is located in the center of Bronxville, offering convenient access to food, shopping, and the Bronxville Metro North Train Station, which provides a 28-minute train ride to Grand Central. The space includes its own HVAC unit and thermostat. Bathrooms are maintained by the landlord and located in the main hall. The main entrance and hallways have also been recently remodeled. Please note that there is no elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Julia B. Fee ... Real Estate Agency Real estate in Pelham, ... Real Estate Agency Sotheby’s International Realty ... Real Estate Agency Agria Corporation Department Store Danielle Benanti Bonner, ... Real Estate Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bronxville
    County
    Westchester
    State
    New York
    Longitude
    -73.8332
    Latitude
    40.9398

    Nearby Similar for Lease

    • $3,300/Mo
      610 SF

      Bronxville Retail Space For Lease

      Prime 610 sq ft retail space in Chester Heights.
      494 New Rochelle Road, Bronxville, NY 10708
      View Details
    • $2,050/Mo

      Remodeled Office Space in Bronxville

      Recently remodeled office space in central Bronxville, convenient location.
      2 Park Place, Bronxville, NY 10708
      View Details
    • $1,350/Mo

      Furnished Office Suites in Bronxville

      Turnkey office suites with included amenities, near Bronxville train station.
      51 Pondfield Rd 5, Bronxville, NY 10708
      View Details
    • $3,300/Mo
      610 SF

      Retail Space in Chester Heights

      610 sq ft retail space in Bronxville's Chester Heights.
      494 New Rochelle Road, Bronxville, NY 10708
      View Details
    • $1,350/Mo

      Renovated Premium Office Suites

      Turn-key office suites with included amenities near transportation.
      51 Pondfield Road #5, Bronxville, NY 10708
      View Details
    • $1,495/Mo

      Renovated Office Suites in Bronxville

      Turn-key office suites with amenities, near transportation.
      51 Pondfield Road #1, Bronxville, NY 10708
      View Details
    • Contact for pricing
      1,250 SF

      Retail Shop in Bronxville

      Retail shop for lease in downtown Bronxville.
      50 Pondfield Rd, Bronxville, NY
      View Details
    • Contact for pricing
      1,706 SF

      Bronxville Office Space For Rent

      Second floor office suites available in Bronxville, New York.
      85 Pondfield Rd, Bronxville, NY
      View Details

    FAQs

    What type of property is this?
    Office units - Recently remodeled office space in central Bronxville location.
    Where is this office units located?
    The property is located at 2 Park Place #4 Bronxville, NY.
    What is the lease rate?
    The lease rate is $2,050 /Mo.
    What are key features of this property?
    This property features: Prime location in the heart of Bronxville, offering exceptional convenience to food, shopping, and transportation.; Close proximity to the Bronxville Metro North Train Station, providing a quick 28‑minute commute to Grand Central.; Recently remodeled space with fresh paint and brand new carpet.
    (914) 337-7888
    We can help!
    Listing Contact
    RAYMOND E. INELLO
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2 Park Place #4, Bronxville, NY 10708
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!