White Plains Rd Eastchester, NY 10583
- Retail properties
- 4,538 SF
Current Use by Public Records
- Retail properties
Property Details for 0 White Plains Rd
- Year built
- 1965
- Property size
- 4,538 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eastchester
- County
- Westchester
- State
- New York
- Longitude
- -73.8078
- Latitude
- 40.9689
