99 Cottage Pl White Plains, NY 10601
- Office Properties & Spaces
- 150,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 99 Cottage Pl
- Property size
- 150,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional White Plains investment opportunity encompasses two buildings totaling 150,000 square feet on a 40,150 square foot lot. The property features a four-story, 110,000 square foot office building with a full basement, currently partially leased, and a six-story, 40,000 square foot residential building offering 140 beds in 55 units. Located in the Central Business District on 99 Church Street and 6 Cottage Place, this property benefits from a highly desirable CB-3 zoning designation, allowing for flexible use and significant development potential. The CB-3 zoning permits a floor area ratio (FAR) of 3, subject to an 85% lot coverage and a four-story height restriction, translating to approximately 136,510 buildable square feet. On-site parking is also available. This unique offering presents a compelling opportunity for owner-users or investors seeking a mixed-use portfolio in a thriving Westchester County location with a flexible zoning designation and substantial development potential. The property is situated in White Plains, NY, zip code 10601, and consists of two buildings spanning ten stories in total. This prime location offers easy access to transportation and amenities. The combination of office and residential space provides a diverse income stream and significant upside potential.
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
- White Plains
- County
- Westchester
- State
- New York
- Longitude
- -73.7685
- Latitude
- 41.0346