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    172 S Broadway White Plains, NY 10605
    Property profile & analytics

    172 S Broadway, White Plains, NY 10605

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    • Office buildings
    • 11,656 SF
    • 0.25 lot acres
    White Plains Office/Medical Space For Lease
    $3,600,000
    4,690 SF

    White Plains Office/Medical Space

    Office or medical space with excellent parking and transit access.

    172 S Broadway, White Plains, NY
    View Listing
    Property ID
    US63-0178191
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,600,000
    Cap Rate Potential
    5.3%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Right at Home / Home Health Care Service / Home Help
    • Real Property Management Westchester / Property Management Company / Real Estate Agent
    • Metropolitan Jewish Home Care / Home Health Care Service
    • original territory / (Bike/Boat/Book/etc) Store / Pet Store & Service
    • St Mary's Metro Home Care-Kids / Daycare Center / Foster Care Service

    Property Details for 172 S Broadway

    Year built
    1953
    Lot size
    0.25 lot acres
    Zone code
    BR-1
    Property type
    Office buildings
    APN
    551700 131.29-5-1
    APU
    5517001312951

    Description

    This exceptional 16,000 square foot Class B executive office building, situated on a 25,000 square foot lot at 172 S Broadway in White Plains, NY 10605, presents a compelling owner-user or development opportunity. The property boasts 59 parking spaces, conveniently accessed from the lower level. Recent capital improvements significantly enhance the building's value and functionality. These include a new elevator (2021), roof (2020), boiler and HVAC units (2020), and a newly completed parking lot (within the last two years). The building features a mix of open floor space and private offices, catering to diverse business needs. Gas heat provides efficient climate control. Its central White Plains location offers unparalleled convenience, with easy access to I-287 and public transportation (bus and train service). Furthermore, the property's proximity to a vibrant array of restaurants, banks, and retail shops adds to its appeal. This is a rare opportunity to acquire a well-maintained, income-generating property in a highly desirable location. The asking price is $3,690,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,600,000
      ML approach
      $3,600,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,175,000
      6.5%
      $2,930,000
      7%
      $2,720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,105,000
      Market price range: $319k - $4.06M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,765,000
      Current use
      AUTO REPAIR, GARAGE
      $5,815,000
      Change: +110% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,860,000
      Change: +76% Conversion: Easy
      WAREHOUSE, STORAGE
      $4,235,000
      Change: +53% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    White Plains
    County
    Westchester
    State
    New York
    Longitude
    -73.7599
    Latitude
    41.0234
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $22,000
    $36,000
    $58,000
    -
    $920,502
    $1,506,276
    $2,426,778
    View Listing
    More about this property
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