0 White Plains Rd Eastchester, NY 10583
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.