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Property profile & analytics
FOR LEASE
Office buildings
15 Fisher Ln White Plains, NY 10603
Entity Owned
2-yr Hold
Free & Clear
Property ID
US63-3047316
For Lease
1 / 3
$27 SF/Yr
15 Fisher Ln, White Plains, NY 10603
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
17,666 SF
Lot
0.62 ac (27,007 SF)
Zoning code
LI
APN
551700 120.20-9-1
UPID
US63-3047316
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
-
Fink Law, P.C. Law Firm
-
J A Alternatives Inc Hair Salon
-
ABC Industrial Flooring General Contractor Renovation Specialist
-
Yuliya Starobinets Dental Office
-
Charles Murov Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.89M
Owner & transaction history
New York Smsa Limited Partnership · 2 yrs held
New York Smsa Limited Partnership
since 2024
6 recorded transactions
Zoning & alternative use
LI · White Plains, 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 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,190,000
Current use
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±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
$163 / 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
$115,000
Assessed 2023
Previous assessed
$115,000
+0.0% YoY
Assessed land
$36,750
Assessed improvement
$78,250
Land market value
$1,537,657
Improvement market value
$3,274,059
Total market value
$4,811,716
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
For Lease
Heating
NONE
Buildings
1
Total area
17,666 SF
Lot
0.62 ac (27,007 SF)
Zoning code
LI
APN
551700 120.20-9-1
UPID
US63-3047316
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
LI · White Plains, NY
Zoning LI · permitted uses
LI · 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
$4.2M
OFFICE BUILDING Current
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
Heating
NONE
Buildings
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
New York Smsa Limited Partnership
Entity
Free & Clear · 2 yrs held
Mailing address
1 VERIZON WAY4AW100, BASKING RIDGE, NJ 07920-1025
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
New York Smsa Limited Partnership
Mw Cell Reit 1 LLC
Lease
—
Jul 3, 2014
$3,325,000
Fisher Lane LLC
Danica LLC
Grant Deed
—
Jun 12, 2007
—
Danica LLC
—
Deed Of Trust
related
$3,300,000 · Mahopac National Bank
May 6, 2004
$675,000
Danica South LLC
Filardi,virginia A
Grant Deed
—
Mar 4, 1996
$2,506,000
Danica Ltd Liability Co
Fisher Lane Development Corp
Grant Deed
—
—
—
T6 Unison Site Management LLC
—
Deed Of Trust
related
$577,920 · Deutsche Bk Tr Co Americas
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.
Try Rey
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