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Medical Arts Building 475 White Plains Rd 8,928 SF 86% Leased Office Building Eastchester, NY 10709 $1,799,000 ($201.50/SF) 7.30% Cap Rate
EXECUTIVE SUMMARY
ACCEPTED OFFER WITH BACK UPS Estate sale
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
8,928 SF
Building Class
C
Year Built
1958
Price
$1,799,000
Price Per SF
$201.50
Cap Rate
7.30%
NOI
$131,324
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,450 SF
Slab To Slab
10’
Building FAR
0.79
Lot Size
0.26 AC
Parking
24 Spaces (2.69 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 2489-044-000-00002-000-0001 | Total Assessment | $16,385 (2024) |
| Land Assessment | $11,300 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $5,085 (2024) | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2489-044-000-00002-000-0001
Land Assessment
$11,300 (2024)
Improvements Assessment
$5,085 (2024)
Total Assessment
$16,385 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Medical Arts Building | 475 White Plains Rd
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