Property profile

200 Mamaroneck Ave White Plains, NY 10601

FOR LEASE
Office buildings
Property ID
US63-3195809
40,940 SF 0.21 ac lot Built 1961
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional six-story office building, located at 200 Mamaroneck Avenue in White Plains, NY 10601, offers a variety of flexible office spaces to suit diverse business needs. The building, constructed in 1961, boasts a total of 40,938 square feet, with a minimum divisible space of 902 square feet and a maximum contiguous space of 6,895 square feet. Currently, there are 13,852 square feet of vacant space available for lease. The building is classified as Class C and features a ceiling height of 10 feet. Its convenient location directly across from the Chester/Maple municipal parking lot ensures ample parking for tenants and visitors. The building's prime location on Mamaroneck Avenue places it within walking distance of a variety of restaurants and retail shops, offering employees and clients a wealth of amenities. Furthermore, its proximity to multiple transportation options and easy access to several parkways and expressways makes commuting simple and efficient. The building is ideal for businesses seeking a well-situated, adaptable office space in the vibrant heart of White Plains. Multiple tenancy options are available.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1961
Total area 40,940 SF
Lot 0.21 ac (9,148 SF)
Zoning code CB-1
APN 551700 125.84-7-8
UPID US63-3195809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Accounting Firm Tax Preparation
  • Financial Advisor
  • Property Management Company
  • Law Firm

Location

200 Mamaroneck Ave White Plains, NY 10601
White Plains metro Census 9300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$373k
Blend (final) Blend
$540k

Owner & transaction history

since 2022
Last sale
$385,000
5 recorded transactions
2022
$385,000
2021
$645,000
2021
Price N/A
2017
$3.3M
2017
Price N/A

Zoning & alternative use

CB-1 · White Plains, NY
Zoning description

5.5.1.7 The CB-1 District is primarily a pedestrian-oriented, low to medium density retail and personal services business area located at the edge of the higher density sections of the City’s central business district. T…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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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