Entity Owned Property summary
275 Main Street is a three-story, multiple-use commercial building with approximately 278,924 square feet of gross floor area. The property is located in downtown White Plains, directly across the street from City Center and within walking distance of the White Plains Train Station. It sits in an urban core with surrounding office, dense residential areas, and retail and dining amenities, and it is positioned near major highways and public transit. The building includes space suitable for signage and is configured as a multi-use property for a range of commercial tenant uses.
Property profile
VerifiedCap rate & NOI
Current use
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Construction Company General Contractor
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Parking Lot & Garage
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Dental Office
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Locksmith (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
5.5.1.9 The CB-3, CB-4 and UR-4 Districts are high-density, mixed-use areas encompassing the core of the City’s central business district. Appropriate to the City’s role as a regional center, these Districts permit a com…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
CB-3 · White Plains, NY5.5.1.9 The CB-3, CB-4 and UR-4 Districts are high-density, mixed-use areas encompassing the core of the City’s central business district. Appropriate to the City’s role as a regional center, these Districts permit a com…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
5.5.1.9 The CB-3, CB-4 and UR-4 Districts are high-density, mixed-use areas encompassing the core of the City’s central business district. Appropriate to the City’s role as a regional center, these Districts permit a com…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB-3 in White Plains, NY.
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