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Property profile & analytics
OFF-MARKET
Estimated value
$3,540,000
Office buildings
10 Mitchell Pl, White Plains, NY 10601-4342
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-3440023
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1953
Total area
15,000 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CB-2
APN
551700 125.76-3-16
UPID
US63-3440023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Delgatto, Janesch & Prisco, LLC - Licensed Worker's Compensation Representatives Law Firm
-
Public Adjuster NY - Atlas Adjustments Financial Advisor
-
Asya Photography Photography Service (Bike/Boat/Book/etc) Store
-
Platinum Protection Insurance Co Insurance Agency
-
Laser Nail Therapy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.71M
CAP Approach
CAP
$3.77M
Comparable Approach
Comparable
$2.91M
Blend (final)
Blend
$3.54M
Owner & transaction history
10 Mitchell LLC · 4 yrs held
10 Mitchell LLC
since 2021
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
CB-2 · White Plains, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$5.5M
+53.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs White Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs White Plains submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,965,000
ML approach
$3,705,000
CAP Approach
CAP Return
Estimation
6%
$4,085,000
6.5%
$3,770,000
7%
$3,500,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,560,000
Current use
WAREHOUSE, STORAGE
$5,450,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$3.54M
Range $3.19M – $3.89M · ±10% · vs last sale $3.45M (Dec 29 2021)
Last sale anchor
$3.45M
Dec 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$236 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$55,000
Assessed 2023
Previous assessed
$55,000
+0.0% YoY
Assessed land
$30,800
Assessed improvement
$24,200
Land market value
$1,288,703
Improvement market value
$1,012,552
Total market value
$2,301,255
Applied tax rate
551,700.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1953
Heating
NONE
Buildings
1
Total area
15,000 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CB-2
APN
551700 125.76-3-16
UPID
US63-3440023
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
CB-2 · White Plains, NY
Zoning CB-2 · permitted uses
CB-2 · White Plains, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
White Plains. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$5.5M
OFFICE BUILDING Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Buildings
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
10 Mitchell LLC
Entity
Free & Clear · 4 yrs held
Mailing address
95 CHURCH ST FL, WHITE PLAINS, NY 10601-1515
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2022
—
10mitchell LLC
—
Deed
related
$2,151,000 · New York Community Bank
Dec 29, 2021
$3,450,000
10 Mitchell LLC
G & W Properties Group LLC
Bargain And Sale Deed
—
Apr 13, 2004
—
G & W Properties Group LLC
Tolchin,j R
Grant Deed
$410,950 · Sound Federal S & L Assn
—
—
G & W Properties Group LLC
—
Loan Modification
related
$1,800,000 · New York Cmnty Bk
—
—
G & W Properties Group LLC
—
Loan Modification
related
$1,375,000 · New York Cmnty Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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