New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,485,000
Showrooms
250 Main St, White Plains, NY 10601-2445
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0493660
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2014
Total area
32,104 SF
Lot
0.53 ac (23,087 SF)
Zoning code
UR-4
APN
551700 125.68-6-5..1
UPID
US63-0493660
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
-
Chipotle Mexican Grill Restaurant
-
City Pizzeria Restaurant
-
Testosterone Replacement Therapy Clinic - TRTC Health Counselor
-
Cambria Hotel White Plains - Downtown Garage (Propark) Parking Lot & Garage
-
Planet Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
Main Street Wp Hotel Assocs Ll · 13 yrs held
Main Street Wp Hotel Assocs Ll
since 2012
7 recorded transactions
Zoning & alternative use
UR-4 · 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%
$7,755,000
6.5%
$7,160,000
7%
$6,645,000
Blend value · Realmo final
$5.49M
Range $4.94M – $6.03M · ±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
$171 / 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
$190,000
Assessed 2023
Previous assessed
$190,000
+0.0% YoY
Assessed land
$20,000
Assessed improvement
$170,000
Land market value
$836,820
Improvement market value
$7,112,971
Total market value
$7,949,791
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2014
Heating
NONE
Buildings
1
Stories
2
Total area
32,104 SF
Lot
0.53 ac (23,087 SF)
Zoning code
UR-4
APN
551700 125.68-6-5..1
UPID
US63-0493660
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
UR-4 · White Plains, NY
Zoning UR-4 · permitted uses
UR-4 · 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.
Building & site characteristics
From public records
Year built
2014
Heating
NONE
Stories
2
Buildings
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Main Street Wp Hotel Assocs Ll
Individual
Mailing address
333 MAMARONECK AVE #367, WHITE PLAINS, NY 10605-1440
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Main Street Wp Hotel Associates LLC
—
Deed
related
$2,600,000 · Oceanfirst Bank
Jun 6, 2019
—
Metropolitan Plaza Wp LLC
—
Loan Modification
related
$11,000,000 · Bmo Harris Bk NA
Mar 1, 2019
—
Main Street Wp Hotel Assocs Ll
—
Deed
related
$18,000,000 · M&t Bk
Jan 23, 2013
—
Metropolitan Plaza Wp LLC
—
Grant Deed
related
$1,943,581 · M&t Bk
Nov 13, 2012
—
Main Street Wp Hotel Assocs Ll
250 Main Street Partners LLC
Quit Claim Deed
related
$15,319,000 · M & T Bank
Mar 14, 2012
—
Main Street Wp Hotel Assocs Ll
Metropolitan Plaza Wp LLC
Grant Deed
related
—
Jan 14, 2011
—
Metropolitan Plaza Wp LLC
Ridgemour Meyer Properties LLC
Grant Deed
related
—
Jul 29, 2008
—
Ridgemour Meyer Properties LLC
Pinnacle-westchester LLC
Grant Deed
related
—
—
—
Metropolitjan Plaza Wp LLC
—
Loan Modification
related
$12,000,000 · M&t Bk
—
—
Metropolitan Plaza Wp LLC
—
Deed Of Trust
related
$1,500,000 · M&t Bk
—
—
Metropolitan Plaza Wp LLC
—
Deed Of Trust
related
$7,090,000 · M&t Bk
—
—
County Of Westchester Indl Dev A
—
Deed Of Trust
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 250 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
