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Property profile & analytics
FOR LEASE
Investment properties
125 N Main St Portchester, NY 10573
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-2806435
For Lease
1 / 11
$2,100,000
125 N Main St, Portchester, NY 10573
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Property summary
AI-generated overview
This exceptional Class A office building, located at 125 N Main Street in Port Chester, NY, offers 10,925 square feet of immediately available space. Situated in Westchester County's Central Business District, this five-story building boasts a desirable location with convenient access to Willet Avenue. The property is zoned for Central Business District use and features multiple tenancy options, with suites ranging from a minimum of 1,275 square feet to a maximum contiguous space of 2,550 square feet. The building's total area encompasses 12,750 square feet, providing ample room for various business needs. Each suite benefits from impressive 12-foot ceilings, creating a bright and spacious atmosphere ideal for executive or creative office environments. The building's prime location in the thriving Westchester County submarket offers unparalleled access to amenities and transportation. This is a rare opportunity to secure high-quality office space in a sought-after location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1926
Total area
15,686 SF
Lot
0.07 ac (3,182 SF)
Zoning code
C2 COMM
APN
554801 142.23-2-38
UPID
US63-2806435
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
-
Kupetz Scott DDS Dental Office
-
Alternative Medicine Center Alternative Medicine Practice
-
Haven Bar & Pub
-
Just For You Plumbing and Heating Plumbing Service General Contractor
-
Zoni Language Centers Language School Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.10M
Owner & transaction history
T Mobile Northeast LLC · 2 yrs held
T Mobile Northeast LLC
since 2023
7 recorded transactions
Zoning & alternative use
C2 COMM · Port Chester, NY
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 Portchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Portchester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$134 / 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
$1,697,800
Assessed 2023
Previous assessed
$1,697,800
+0.0% YoY
Assessed land
$149,300
Assessed improvement
$1,548,500
Land market value
$149,300
Improvement market value
$1,548,500
Total market value
$1,697,800
Applied tax rate
554,804.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Lease
Year built
1926
Heating
NONE
Buildings
1
Stories
5
Total area
15,686 SF
Lot
0.07 ac (3,182 SF)
Zoning code
C2 COMM
APN
554801 142.23-2-38
UPID
US63-2806435
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C2 COMM · Port Chester, NY
Zoning C2 COMM · permitted uses
C2 COMM · Port Chester, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Port Chester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1926
Heating
NONE
Stories
5
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
T Mobile Northeast LLC
Entity
Free & Clear · 2 yrs held
Mailing address
12920 SE 38TH ST, BELLEVUE, WA 98006-1350
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2023
—
T Mobile Northeast LLC
125 N Main Street Owner LLC
Lease
—
Apr 3, 2023
—
125 N Main Street Owner LLC
—
Deed
related
$300,739 · Pcsb Bank
Dec 6, 2022
—
Ld Acquisition Company 16 LLC
—
Deed
related
$219,658,000 · Wilmington Trust NA
Dec 10, 2018
—
Ld Acquisition Company 16 LLC
—
Deed
related
$70,000,000 · Bokf NA
Jan 31, 2018
—
125 N Main Street Owner LLC
S & R Main Realty LLC
Grant Deed
—
Sep 24, 2014
—
Robert Rednick
Rednick David
Quit Claim Deed
—
Jun 29, 2004
—
S & R Main Realty LLC
Rednick,robert
Quit Claim Deed
related
—
Jun 27, 2004
—
S & R Main Realty LLC
Lux,phyllis
Quit Claim Deed
related
—
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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