Office for Sale in White Plains, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: White Plains, NY 10603
  • Size: 22,460 SF

Description

• Three-story, 22,460-square-foot office building that is located 25 miles north of New York City and just one block from a Metro- North Railroad station with direct access to Manhattan’s Grand Central Terminal • Presently 49% leased to four tenants: Marino Partners LLP (financial services and corporate law), Healy Electric Contracting, White Plains Pediatric Dentistry and Dr. Charles Murov, DDS P.C. (dentistry practitioner) • Substantial upside potential via the lease up of 11,462 square feet of currently available office space; additionally, three of the asset’s in-place tenants operate under month-to-month or short-term leases • Two additional adjacent sites with a combined 0.22-acres included in the sale: 104 Harlem Street and 16 Bond Street • 104 Harlem is an autobody shop with a single month-to-month tenant who is paying $6,550/ Month in rent • 16 Bond Street is a two-family house that is fully occupied and is currently receiving a combined rent of $2,460/Month from the tenants (who are both month-to-month) • The total assemblage can be combined per studies done by ownership to develop a residential building with 103 units

Market Context

This office in White Plains, NY is listed for sale across 22,460 SF. It has been on the market for 5 days. Compare it against other office listings for sale in White Plains, NY — <a href="/search/sale/office/new-york/white-plains">view the full market</a>.

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