Entity Owned
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For Sale
Contact for pricing
253 Mamaroneck Ave, White Plains, NY 10605
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Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1946
Total area
5,460 SF
Lot
0.15 ac (6,534 SF)
Zoning code
BR-1
APN
551700 130.28-3-7
UPID
US63-3136401
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
-
Wedding Service
-
Real Estate Agency
-
Business To Business Service Association / Organization
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.36M
Blend (final)
Blend
$3.00M
Owner & transaction history
since 2024
Last sale
$3.0M
4 recorded transactions
Zoning & alternative use
BR-1 · White Plains, NY
Zoning description
70. Sep 12, 1994 * 5/17/5 & 6 from BR-1 to BR-3 71. Sep 12, 1994 * Definition of Cabaret amended; Café defined and added as a use 72. Sep 12, 1994 * * RM-1.5T District established and mapped 73. Sep 12, 1994 * Permitting…
General category
COMMERCIAL
Top alternative use upside
Restaurant
$2.9M
+26.4%
Auto repair, garage
$2.7M
+19.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 9 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.00M
Value range
$2.70M – $3.30M
±10% around blend
Estimated value / SF
$549 / SF
Confidence
High
9 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
90
$2.70M
blend $3.00M
$3.30M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,460 SF
Lot area
0.15 ac
Year built
1946
Stories
2
APN
551700 130.28-3-7
Zoning
BR-1
Assessed value
$41,500
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.15M
Weighted, 9 comps · high confidence
Evidence
9 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.7 mi away · 4,436 SF
5.8 mi away · 4,777 SF
6.8 mi away · 5,203 SF
8.9 mi away · 3,836 SF
9.2 mi away · 4,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.00M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 38 sales
$417
+32%
County 388 sales
$355
+55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $549/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+26%
vs current-use indication
Auto Repair, Garage
Commercial (general) · current use
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 9 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
2.60%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$210k *
Last sale · Oct 2024
$3.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.08M
Move the market yield to see immediate price impact.
Value / SF
$1,479
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.10%2.60%3.10%
$189k
$9.00M
$7.27M
$6.10M
$210k
$10.00M
$8.08M
$6.77M
$231k
$11.00M
$8.88M
$7.45M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
9 found
High confidence · county-verified
Closest comparable
$645k
3.4 mi · Oct 2025 · $161/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Assessed value
$41,500
Assessed 2023
Previous assessed
$41,500
+0.0% YoY
Assessed land
$28,850
Assessed improvement
$12,650
Land market value
$1,207,113
Improvement market value
$529,289
Total market value
$1,736,402
Applied tax rate
551,700.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1946
Heating
NONE
Buildings
1
Stories
2
Total area
5,460 SF
Lot
0.15 ac (6,534 SF)
Zoning code
BR-1
APN
551700 130.28-3-7
UPID
US63-3136401
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
BR-1 · White Plains, NYZoning BR-1 · permitted uses
BR-1 · White Plains, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
70. Sep 12, 1994 * 5/17/5 & 6 from BR-1 to BR-3 71. Sep 12, 1994 * Definition of Cabaret amended; Café defined and added as a use 72. Sep 12, 1994 * * RM-1.5T District established and mapped 73. Sep 12, 1994 * Permitting…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1946
Heating
NONE
Stories
2
Buildings
1
Lot
0.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BR-1
COMMERCIAL
Jurisdiction
White Plains, NY
Recorded code
BR-1
Official district
BR-1
Official district profile
What the municipal code says about BR-1
Zoning description
70. Sep 12, 1994 * 5/17/5 & 6 from BR-1 to BR-3 71. Sep 12, 1994 * Definition of Cabaret amended; Café defined and added as a use 72. Sep 12, 1994 * * RM-1.5T District established and mapped 73. Sep 12, 1994 * Permitting…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BR-1 in White Plains, NY.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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