146 Lafayette Ave White Plains, NY 10603
- Flex space
- 21,380 SF
Current Use by Public Records
- Flex space
Property Details for 146 Lafayette Ave
- Property size
- 21,380 SF
- Property type
- Flex space
Description
This exceptional investment opportunity presents a portfolio of three mixed-use properties totaling 21,380 square feet in White Plains, New York. Currently generating a substantial monthly income of $18,500 from three existing leases, this assemblage offers immediate cash flow. The property comprises three separate buildings situated at 146, 150, and 154 Lafayette Avenue, zip code 10603, within Westchester County. The industrial component offers 14,000 square feet of land currently leased for $10,000 per month. In addition, there is 900 square feet of vacant office or storage space available for lease, presenting further income potential. The asking price for the entire portfolio is $4,150,000, translating to a price per square foot of $194.11. The properties benefit from a modified lease structure and multi-tenant occupancy. Combined 2022 property taxes totaled $42,039. This is a rare chance to acquire a well-performing, multi-tenant industrial property with significant upside potential in a prime White Plains location. The flexible space allows for diverse uses and future expansion. This is an ideal investment for those seeking immediate return and long-term growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Plains
- County
- Westchester
- State
- New York
- Longitude
- -73.7715269
- Latitude
- 41.0648452
