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    Industrial Flex Building For Sale Title is generated by Realmo AI

    77 Lafayette Ave, White Plains, NY 10603

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    For Sale
    $3,500,000

    16,000 SF industrial flex building, 88% leased, ample parking.

    Type:Industrial
    Property size:
    16,000 SF
    Lot size:
    0.69 Acres
    Price / SF:
    $218/SF
    Added:
    Mar 10, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 2 at 6:10 pm

    Property Features for 77 Lafayette Ave

    General Information

    Standard status
    Active
    Size
    16,000 SF
    Lot size
    0.69 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1952

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    Rich Aponte
    Rich Aponte

    Listing office Houlihan Lawrence Commercial

    Listing date Mar 10, 2026

    Source Elliman

    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 Lawrence Commercial

    HighLights

    • 16,000 SF industrial flex building with 88% occupancy providing immediate income.
    • 2000 Amp 3 phase power, suitable for various industrial uses.
    • Ample parking with 46 spaces.
    • IND‑A zoning allows for a wide range of uses.
    • One OH Door Bay facilitates loading and unloading.
    • Fenced parking area enhances security.

    Overview

    This 16,000 square foot industrial flex building is currently 88% leased with five tenants. It features 2000 Amp 3 phase power and ample parking with 46 spaces. The property includes three office tenants at street level and two tenants at the lower level. There is one vacancy of 1850 square feet. The property also features fenced parking and one overhead door bay. Permitted uses under the IND-A zoning include business and professional offices and studios, supply houses, warehouses and commercial distribution plants, manufacturing, fabricating, finishing, and assembling of products. Retail fuel storage and sales, storage of gasoline, public or private garages, automobile repair work (indoors only), gasoline filling and service stations, taxi and limousine dispatch facilities, off-street parking facilities, and fine arts instruction schools are also permitted. Available utilities include cooling, heating, and lighting.

    Local Financial Insights For Warehouse

    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 $307.2k $19.20
    − Vacancy −$18.7k −$1.17
    EGI $288.5k $18.03
    − OpEx −$43.3k −$2.70
    NOI $245.2k $15.32
    16,000 SF · lease $19.20/SF/yr · vacancy 6.10% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.50M
    $3.06M – $4.09M (±1% cap)
    NOI $245,192 @ 7.0% cap · market cap 7.01%
    Second Best
    Office B
    $3.50M
    $3.06M – $4.08M (±1% cap)
    NOI $245,012 @ 7.0% cap · market cap 7.00%
    Theoretical Best
    Retail
    $4.83M
    $4.23M – $5.64M (±1% cap)
    NOI $338,312 @ 7.0% cap · market cap 9.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    RKF Training Gym & Fitness Center FASTSIGNS® of White Plains, ... (Bike/Boat/Book/etc) Store American Star Contractor ... Roofing Company Emilio Accordions (Bike/Boat/Book/etc) Store Byram Concrete & Supply ... Construction Company

    Suggested Use

    Computer & Electronic Repair Discount Store Tech Support Center Bar & Pub Home Appliance Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bed & Breakfast Veterinary Clinic Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    White Plains
    County
    Westchester
    State
    New York
    Longitude
    -73.7728
    Latitude
    41.0629

    FAQs

    What type of property is this?
    Flex space - 16,000 SF industrial flex building, 88% leased, ample parking.
    Where is this flex space located?
    The property is located at 77 Lafayette Ave White Plains, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 16,000 SF industrial flex building with 88% occupancy providing immediate income.; 2000 Amp 3 phase power, suitable for various industrial uses.; Ample parking with 46 spaces.
    More about this property
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