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White Plains Rd Eastchester, NY 10583

Sponsored
For Sale
$2,500,000

High-yield multi-tenant property. Excellent location.

Property size:
4,538 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional mixed-use investment opportunity presents a 4,538 square foot building located at 823-825 White Plains Road in Eastchester, New York, 10583. The property, built in 1965, is a two-story Class C building boasting 100% occupancy across four units. Currently generating a substantial Net Operating Income (NOI) of $205,366, this property offers a compelling 7.10% capitalization rate. The asking price is $2,500,000. The versatile space is suitable for a variety of uses, including creative office, medical office, and storefront retail, making it an attractive option for diverse tenants. Situated on a high-traffic corner of White Plains Road, near the Bronx River Parkway, this property benefits from excellent visibility and accessibility. The surrounding area features a dense residential population exceeding 40,000 residents with an average household income of $310,000, ensuring a strong customer base. Ample parking is available for tenants and customers. This is a rare opportunity to acquire a well-performing, multi-tenant property in a prime Eastchester location. All information is believed accurate but not warranted.

Property Features for 0 White Plains Rd

General Information

Property type
Individual retail properties
Square Feet
4,538 SF
Class
C

Building Details

Year Built
1965
Stories
2
Units
4

HighLights

  • 4,538 SF mixed‑use building in Eastchester, NY, on a high‑traffic corner of White Plains Road.
  • 100% occupied, four‑unit building generating $205,366 NOI.
  • 7.10% capitalization rate with a $2,500,000 asking price.
  • Suitable for various uses including creative office, medical office, and retail.
  • Ample parking and strong demographics (40,000+ residents, $310,000 avg. household income).
Property Profile Location Intelligence

Current Use by Public Records

Medical offices

Map

City
Eastchester
County
Westchester
State
New York
Longitude
-73.8078009
Latitude
40.9689133

FAQs

What type of property is this?
Individual retail property - High-yield multi-tenant property. Excellent location.
Where is this individual retail property located?
The property is located at White Plains Rd Eastchester, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4,538 SF mixed-use building in Eastchester, NY, on a high-traffic corner of White Plains Road.; 100% occupied, four-unit building generating $205,366 NOI.; 7.10% capitalization rate with a $2,500,000 asking price.
More about this property
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