Office Building with High-Visibility Road
For Sale
Contact for pricing
611 W Hartsdale Ave, White Plains, NY 10530
Office building built in 2008 and renovated in 2017 with high visibility at a major Westchester intersection.
Property Size23,395 SF
Price / SF$230.82
Days on Market128
Property Features for 611 W Hartsdale Ave
General Information
Standard status
Active
Size
23,395 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Building Details
Year Built
2008
Year Renovated
2017
Listing Agency:
CBRE | Stamford
(203) 352-8919
Listed By:
Jacqueline Novotny
Source:
Moodyscre
Added: Mar 26
Changed: Jul 30
Last Checked: Jul 30 at 7:10AM
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 | Stamford
Investment Insights
Based on property information with market context.
Office building built in 2008 and renovated in 2017, offering an owner-user or investment opportunity in central Westchester County. The property sits at 611 W Hartsdale Ave in White Plains.
The site is located at the intersection of NY RT 100A and NY RT 100B, providing highly visible frontage and convenient access to major roadways throughout Westchester and the New York metro region. It is less than a mile to the Sprain Brook Parkway and Interstate-287, with connections to I-87, I-684, I-95, and the Hutchinson River Parkway. The property is about a mile to NY State Route 100 and approximately 2.0 miles to the Hartsdale Metro-North Train Station with service to Midtown Manhattan’s Grand Central Terminal.
With connectivity to multiple interstate routes and commuter rail access, the building supports flexible tenant planning for an office use in a well-positioned area of Westchester County.
The site is located at the intersection of NY RT 100A and NY RT 100B, providing highly visible frontage and convenient access to major roadways throughout Westchester and the New York metro region. It is less than a mile to the Sprain Brook Parkway and Interstate-287, with connections to I-87, I-684, I-95, and the Hutchinson River Parkway. The property is about a mile to NY State Route 100 and approximately 2.0 miles to the Hartsdale Metro-North Train Station with service to Midtown Manhattan’s Grand Central Terminal.
With connectivity to multiple interstate routes and commuter rail access, the building supports flexible tenant planning for an office use in a well-positioned area of Westchester County.
Key Highlights
- Built in 2008 and renovated in 2017
- 23,395 SF office building
- Highly visible location at the intersection of NY RT 100A and NY RT 100B
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $642.9k | $27.48 |
| − Vacancy | −$165.2k | −$7.06 |
| EGI | $477.7k | $20.42 |
| − OpEx | −$119.4k | −$5.10 |
| NOI | $358.3k | $15.31 |
23,395 SF · lease $27.48/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$5.12M
$4.48M – $5.97M
NOI $358,253 @ 7.0% cap · market cap 6.63%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$7.07M
$6.18M – $8.24M
NOI $494,675 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
538
Businesses Nearby
Explore this area
Business Placement
Demographics for 10530, NY
13,037
Population
6,795
Households
1.9
Avg Household Size
50
Median Age
65%
College-Educated
94%
High-School Grad
3.9 sq mi
ZIP Area
3,343
Density / Sq Mi
$118,114
Median Household Income
$75,575
Median Earnings
$2,334
Median Rent
$445,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building built in 2008 and renovated in 2017 with high visibility at a major Westchester intersection.
Where is this office building located?
The property is located at 611 W Hartsdale Ave White Plains, NY.
What is the asking price?
The asking price for this property is $5,400,000.
What are key features of this property?
This property features: Built in 2008 and renovated in 2017; 23,395 SF office building; Highly visible location at the intersection of NY RT 100A and NY RT 100B
