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    77 Lafayette Ave White Plains, NY 10603

    Sponsored
    For Sale
    $3,884,000

    16,000 SF Flex Building, 100% Leased

    Property size:
    16,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 16,000-square-foot industrial flex building, located at 77 Lafayette Avenue in White Plains, New York, presents a compelling investment opportunity. Currently 100% leased, the property boasts a strong net operating income (NOI) of $233,063 and is situated on a 0.69-acre lot. The building features 46 surface parking spaces and ample power with 2000 Amps of 3-phase electricity. Zoned Industrial A (IND A), permitted uses include a wide range of businesses, from offices and studios to manufacturing and retail, even including public or private garages (indoor work only) and gasoline filling stations. Its strategic location offers easy access to major transportation arteries, including the Metro-North White Plains Station and Interstates 287 and 684, ensuring convenient commutes and efficient logistics. The property's annual taxes are $42,954. This fully occupied asset represents a rare chance to acquire a high-performing industrial flex building in a prime Westchester County location. The asking price is $3,884,000.

    Property Features for 77 Lafayette Ave

    General Information

    Property type
    Flex space
    Square Feet
    16,000 SF
    Lot Size
    30,056 SF

    HighLights

    • Industrial A (IND A) zoning.
    • Permitted uses include offices, studios, manufacturing, retail, and indoor garages.
    • Minutes from Metro‑North White Plains Station and Interstates 287 & 684.
    • 100% Leased.
    • 46 surface parking spaces.
    • 2000 Amps of 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    RKF Training Personal Trainer FASTSIGNS® of White Plains, ... Sign Shop American Star Contractor ... Roofing Contractor Emilio Accordions Musical Instrument Store Byram Concrete & Supply ... Concrete Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -73.7727114
    Latitude
    41.0630628

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    FAQs

    What type of property is this?
    Flex space - 16,000 SF Flex Building, 100% Leased
    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 $3,884,000.
    What are key features of this property?
    This property features: Industrial A (IND A) zoning.; Permitted uses include offices, studios, manufacturing, retail, and indoor garages.; Minutes from Metro-North White Plains Station and Interstates 287 & 684.
    Request Owner's contact information
    77 Lafayette Ave White Plains, NY 10603
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    Realmo Value Estimation

    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.

    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.

    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
    77 Lafayette Ave White Plains, NY 10603
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