172 S Broadway White Plains, NY 10605
For Lease
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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.
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Real Property Management Westchester Property Management Company Real Estate Agent
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Metropolitan Jewish Home Care Home Health Care Service
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original territory (Bike/Boat/Book/etc) Store Pet Store & Service
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St Mary's Metro Home Care-Kids Daycare Center Foster Care Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BR-1 · White Plains, NYWhite Plains. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.