140 Grand StWhite Plains, NY 10601

  • Office properties
  • 120,275 SF
For Lease

Property Details for 140 Grand St

Year built
1989
Lot size
1.15 AC
Property size (Sq ft)
120,275 SF
Zone code
CB-4
Property type
Office properties
Property subtype
Office buildings
APN
551700 125.83-3-1
APU
5517001258331

Description

This exceptional 4,000 square foot commercial space at 140 Grand Street in White Plains, New York, presents a unique opportunity for a variety of businesses. Located in Westchester County, this single-tenant property boasts a highly desirable street-level retail presence, making it ideal for a range of uses including traditional office space, fitness centers, or restaurants (permitted use). The building offers ample on-site parking for convenience. The interior features impressive 20-foot ceilings, providing a spacious and modern feel. The entire 4,000 square feet is currently vacant and ready for immediate occupancy. The property's prime location in White Plains offers excellent visibility and accessibility, ensuring high foot traffic and easy access for clients and employees. This versatile space is perfect for a business seeking a prominent location with significant square footage and high ceilings. The property type is classified as retail, office, and restaurant, reflecting its adaptability to various business needs. The zip code is 10601. This is a rare opportunity to secure a substantial and well-located commercial space in a thriving Westchester County market. Don't miss out on this chance to establish your business in a prime location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,885,050
    6.5%
    $18,355,430
    7%
    $17,044,328
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,715,131
    Geo Method
    $15,715,131
  • Alternative Use

    Use
    Valuation
    Residential
    $22,760,734
    Hospitality
    $20,848,710
    Educational
    $17,345,882
    Medical
    $17,942,434
    Retail
    $26,982,484
140 Grand St, White Plains, New York
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Location Insight

City
White Plains
County
Westchester
State
New York
Latitude
41.029
Longitude
-73.7683
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$98,050
$641,950
$740,000
-
$4,102,510
$26,859,833
$30,962,343

FAQs

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