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    FOR LEASE
    Office buildings

    140 Grand St, White Plains, NY 10601

    120,275 SF 1.15 ac lot Built 1989
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US63-1407984
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1989
    Total area 120,275 SF
    Lot 1.15 ac (50,094 SF)
    Zoning code CB-4
    APN 551700 125.83-3-1
    UPID US63-1407984
    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
    • Wallace Law PLLC Law Firm
    • Belowich & Walsh LLP Law Firm
    • US Vietnam Veterans Services Veterans Affairs Department Veterans Organization
    • Yankwitt LLP Law Firm
    • Fontana Lucille A Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $30.23M
    Comparable Approach Comparable
    $39.09M
    Blend (final) Blend
    $28.65M
    Owner & transaction history
    140 Grand New Owners Corp · 6 yrs held
    140 Grand New Owners Corp
    since 2020
    Last sale
    $27.1M
    2 recorded transactions
    2020
    $27.1M
    2015
    $22.4M
    Zoning & alternative use
    CB-4 · White Plains, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $43.7M +53.3%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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