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Property profile & analytics
FOR LEASE
Office buildings
81 Main St White Plains, NY 10601
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-0865701
For Lease
1 / 2
$3,050,000
81 Main St, White Plains, NY 10601
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1984
Total area
118,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CB-4
APN
551700 125.74-4-1
UPID
US63-0865701
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
-
Lauterbach Garfinkel Damast Law Firm
-
Kurtz Sandra Koss Law Firm
-
Barich Realty LLC Law Firm
-
Robert A Korren PLLC Law Firm
-
Monk Glenn A Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.24M
Blend (final)
Blend
$3.05M
Owner & transaction history
Westchester School For Special Chil · 2 yrs held
Westchester School For Special Chil
since 2024
Last sale
$3.1M
5 recorded transactions
Zoning & alternative use
CB-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
$3,050,000
ML approach
$3,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.05M
Range $2.75M – $3.36M · ±10% · vs last sale $3.05M (May 13 2024)
Last sale anchor
$3.05M
May 13 2024
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
$26 / 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
$625,000
Assessed 2023
Previous assessed
$625,000
+0.0% YoY
Assessed land
$178,000
Assessed improvement
$447,000
Land market value
$7,447,699
Improvement market value
$18,702,929
Total market value
$26,150,628
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1984
Heating
NONE
Buildings
1
Total area
118,000 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CB-4
APN
551700 125.74-4-1
UPID
US63-0865701
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
CB-4 · White Plains, NY
Zoning CB-4 · permitted uses
CB-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
1984
Heating
NONE
Buildings
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Westchester School For Special Chil
Individual
Mailing address
81 MAIN ST, WHITE PLAINS, NY 10601-1711
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2024
$3,050,000
Westchester School For Special Chil
Roman Catholic Chr Of Saint John Ba
Bargain And Sale Deed
$2,440,000 · Td Bank NA
Jul 20, 2016
—
81 Main Realty LLC
—
Deed
related
$18,000,000 · Sun Nat'l Bk
Apr 25, 2008
—
States Investors Trs First
American Financial Trs INC
Grant Deed
related
—
Jun 25, 2007
—
81 Main Realty LLC
81 Main LLC
Bargain And Sale Deed
—
—
—
81 Main Realty LLC
—
Loan Modification
related
$18,000,000 · Sun Nat'l Bk
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.
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