This Multifamily Property is no longer advertised on LoopNet.com.

115 N Broadway
White Plains, NY 10603
The Reed · Multifamily Property For Sale · 23 Units

Property Facts

No. Units 23
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 0.82 AC
Building Size 30,000 SF
No. Stories 3
Year Built 2015
Parking Ratio 1.13/1,000 SF
Zoning RM-1

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Island Kitchen

Site Amenities

  • Courtyard

About 115 N BROADWAY , WHITE PLAINS, NY 10603

Marcus & Millichap is pleased to exclusively represent the apartment complex known as "The Reed" at 115 North Broadway, White Plains. With the feel of an “Aspen-like retreat”, the property is set in a bucolic urban setting but offers a suburban feel. Constructed in 2015, the property is designed for renters who prefer the feel of larger townhouse-type units. There are 23 units; seven one-bedroom, one bath apartments, and 16 two-bedroom, two bath duplexes above. Each apartment has custom Italian kitchens, stainless steel appliances, and washer/dryer. Covered parking is available. This low-maintenance property offers an investor the opportunity to acquire a property which is easy to both rent and manage in a highly desirable area. It is located approximately 3/4 of a mile from downtown White Plains and 1.3 miles from the Metro North White Plains train station.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 7 - 810 - 900
2+2 16 - 1,500

Property Taxes

Property Taxes

Parcel Number
1700-125-043-00005-000-0006
Land Assessment
$20,550
Improvements Assessment
$129,450
Total Assessment
$150,000
  • Listing ID: 13151930

  • Date on Market: 7/12/2018

  • Last Updated:

  • Address: 115 N Broadway, White Plains, NY 10603

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