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Property profile & analytics
OFF-MARKET
Estimated value
$63,975,000
Office buildings
1133 Westchester Ave, White Plains, NY 10604-3516
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0205792
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Total area
610,261 SF
Lot
54.97 ac (2,394,493 SF)
APN
551700 131.20-1-1.11
UPID
US63-0205792
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
-
Aaron Ginsberg Licensed Real Estate Salesperson at Exit Realty Private Client Real Estate Agency
-
Canon Solutions America Big Box & Wholesale Store
-
Asset Based Solution Loan Service Bank
-
ThinkTPG Advertising Agency Marketing & Advertising
-
Danziger & Markhoff Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$83.32M
Blend (final)
Blend
$63.98M
Owner & transaction history
Bansari Yashwant Patel · 1 yrs held
Bansari Yashwant Patel
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$63.98M
Range $57.58M – $70.37M · ±10%
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
$105 / 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
$1,725,000
Assessed 2023
Previous assessed
$1,725,000
+0.0% YoY
Assessed land
$625,000
Assessed improvement
$1,100,000
Land market value
$26,150,628
Improvement market value
$46,025,105
Total market value
$72,175,733
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
1990
Heating
STEAM
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
610,261 SF
Lot
54.97 ac (2,394,493 SF)
APN
551700 131.20-1-1.11
UPID
US63-0205792
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Heating
STEAM
Cooling
Yes
Stories
1
Bathrooms
2
Lot
54.97 ac
Current owner
From public records · entity-resolved
Bansari Yashwant Patel
Individual
Mailing address
4 E SPRINGDALE RD, SCARSDALE, NY 10583-7321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2024
—
Bansari Yashwant Patel
Yashwant Patel
Bargain And Sale Deed
—
Sep 14, 2023
—
1133 Westchester Solar Carport LLC
—
Deed
related
$14,500,000 · North Easton Savings Bank
Feb 17, 2023
—
1133 Westchester Swolar Carport LLC
1133 399 Westcheser Avneue LLC
Lease
—
Jan 26, 2021
—
Westchester Avenue LLC
—
Deed
related
$12,500,000 · Union Labor Life Insurace Company
Jul 6, 2020
$9,154,200
1133 Westchester Avenue LLC
1133 399 Westchester Avenue LLC
Deed
$6,377,959 · Santander Bank NA
Jul 6, 2020
—
County Of Westchester Indl De
—
Deed
related
$5,000,000 · Miscellaneous Govt Agcy
May 19, 2020
—
1133-399 Westchester Ave LLC
—
Deed
related
$115,000,000 · Miscellaneous Ins Co
Feb 26, 2019
—
1133-399 Westchester Ave LLC
—
Deed
related
$18,050,000 · Miscellaneous Ins Co
Sep 7, 2017
—
1133-399 Westchester Avenue Ll
—
Deed
related
$17,494,633 · Miscellaneous Ins Co
Dec 1, 2006
$76,000,000
1133-399 Westchester Avenue Ll
International Busn Machines
Grant Deed
—
—
—
County Of Westchester Indl De
—
Deed Of Trust
related
$5,000,000 · Miscellaneous Govt Agcy
—
—
1133-339 Westchester Ave LLC
—
Loan Modification
related
$80,505,366 · Miscellaneous Ins Co
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$14,000,000 · Union Labor Life Insurance Co
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$65,000,000 · Union Labor Life Insurance Co
—
—
1133-399 Westchester Ave LLC
—
Deed Of Trust
related
$2,150,000 · Miscellaneous Ins Co
—
—
1133-399 Westchester Ave LLC
—
Loan Modification
related
$115,000,000 · Miscellaneous Ins Co
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$15,505,366 · Miscellaneous Ins Co
—
—
1133-399 Westchester Avenue Ll
—
Loan Modification
related
$17,494,633 · Miscellaneous Ins Co
—
—
1133-399 Westchester Ave LLC
—
Deed Of Trust
related
$18,050,000 · Miscellaneous Ins Co
—
—
County Of Westchester Indl Dev A
—
Deed Of Trust
related
—
—
—
1133-399 Westchester Ave LLC
—
Loan Modification
related
$14,000,000 · Miscellaneous Ins Co
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$51,461,382 · Lehman Brothers Bank Fsb
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$15,350,098 · Lehman Brothers Bank Fsb
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$12,488,723 · Lehman Brothers Bank Fsb
—
—
1133-399 Westchester Avenue Ll
—
Deed Of Trust
related
$1,494,633 · Miscellaneous Ins Co
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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