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Investment Highlights
- Two Building Complex | Totaling +/- 9,450 SF
- Below Market Rents with Upside Potential
- Ample on-site Parking
- One Vacancy for Lease up or Owner-User
Executive Summary
Houlihan Lawrence Commercial is pleased to present a two-building office complex totaling approximately 9,450 SF in White Plains, NY. The property offers ample on-site parking and is leased to multiple long term tenants. A majority of the tenants are paying below-market rents, creating strong rental upside. In addition, there is one vacancy that can be leased at market rates or occupied by an owner-user. The location provides excellent accessibility with quick connections to the Bronx River Parkway, Cross Westchester Expressway, and Tarrytown Road, making this a compelling opportunity for both investors and users.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
9,600 SF
Building Class
C
Year Built
1981
Price
$1,800,000
Price Per SF
$187.50
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,800 SF
Building FAR
0.50
Lot Size
0.44 AC
Zoning
OB 1
Parking
37 Spaces (4 Spaces per 1,000 SF Leased)
1 1
Property Taxes
| Parcel Number | 2689-007-420-00240-000-0025 | Improvements Assessment | $667,700 |
| Land Assessment | $486,000 | Total Assessment | $1,153,700 |
Property Taxes
Parcel Number
2689-007-420-00240-000-0025
Land Assessment
$486,000
Improvements Assessment
$667,700
Total Assessment
$1,153,700
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333 Old Tarrytown Rd
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