Property profile

48 Mamaroneck Ave White Plains, NY 10601

OFF-MARKET
Office Spaces
33,000 SF Built 1925
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Property summary

AI-generated overview

This exceptional two-story commercial property, located at 48-60 Mamaroneck Avenue in White Plains, NY 10601, offers a unique blend of traditional and executive office spaces. Built in 1925 and renovated in 1961, the building boasts a total of 33,000 square feet, encompassing both office suites on the second floor and ground-level retail spaces. Currently, there are multiple suites available, with a minimum divisible space of 461 square feet and a maximum contiguous space of 602 square feet. A total of 2,013 square feet is currently vacant and ready for immediate occupancy. The building features 8-foot ceilings and is classified as Class C. Its prime location offers unparalleled convenience and accessibility, situated near the County and Federal courthouses, Trump Tower White Plains, the Ritz Carlton, a 15-screen movie theatre, and City Center. The property's address is conveniently located on Mamaroneck Avenue near Martine Avenue, ensuring high visibility and easy access for clients and employees. This presents a fantastic opportunity for businesses seeking a well-established presence in a thriving, high-traffic area of White Plains. Individual suite sizes range from 500 to 2,580 square feet, offering flexibility to accommodate various business needs.

Property profile

Verified
Property type Office Spaces
Year built 1925
Total area 33,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Medical Clinic Skin Care Clinic
  • (Bike/Boat/Book/etc) Store Photography Service
  • Employment Agency

Location

48 Mamaroneck Ave White Plains, NY 10601
White Plains metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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