White Plains, NY
Commercial Real Estate Market Trends & Data

$507 per SF Avg asking sale price
$37 per SF Avg asking lease rate
4,331 SF Avg unit lease size
20,339 SF Avg building size for sale
6.76% Average cap rate

White Plains's Demographic Profile

White Plains has 25,469 households and a median income of $114,970, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 62,236
# Households 25,469
Median age 42
Median household income $114,970
Avg household size 2.0
Renter-occupied housing units 12,899
5-year population change 0%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Elmsford $121 26,859 SF 7.25%
Greenburgh $387 16,964 SF 7.12%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Elmsford $187 72,923 SF 6.50%
Greenburgh $171 34,423 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
White Plains $576 13,512 SF
Hartsdale $218 14,216 SF
Elmsford $813 5,338 SF
Greenburgh $545 12,640 SF
West Harrison $577 15,543 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Greenburgh $450 5,969 SF 10.02%
Purchase $253 21,032 SF 8.34%
Harrison $177 22,025 SF 7.25%

Commercial Properties For Sale in White Plains

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Ferris Business Center

White Plains, NY 10603

  • 50,000 SF Industrial Building
  • $4,900,000
For Sale

96 Haarlem Ave

White Plains, NY 10603

  • 6,600 SF Office Building
  • $1,750,000
For Sale

85 Westmoreland Ave

White Plains, NY 10606

  • 5,722 SF Industrial Building
  • $925,000
For Sale

40 Church St

White Plains, NY 10601

  • 2,000 SF Retail Building
  • $1,397,000
For Sale

77 Lafayette Ave

White Plains, NY 10603

  • 15,936 SF Flex Building
  • $3,500,000
For Sale

173 Main Street, White Plains, NY

White Plains, NY 10601

  • 5,226 SF Retail Building
  • Price Upon Request

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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The 'Pet Clause' for Office Leases
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Nearby Commercial Markets

Comparing nearby markets helps investors see whether White Plains pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
White Plains $507 20,339 SF
Hartsdale $368 9,521 SF
Elmsford $697 29,649 SF
Greenburgh $457 17,667 SF
West Harrison $347 28,732 SF

Regional Demographic Comparison

This comparison places White Plains alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in White Plains or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hartsdale 5,155 2,588 50 $96,631 2 593 -1%
Elmsford 4,771 1,637 39 $112,062 3 954 -2%
Greenburgh 94,978 35,345 45 $149,809 3 10,342 -2%
West Harrison 6,000 1,973 42 $143,916 3 711 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in White Plains, NY and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in White Plains

View All Commercial Real Estate For Sale in White Plains
Is White Plains a good market for a first-time commercial real estate investor?

White Plains offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in White Plains?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in White Plains. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in White Plains?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for White Plains. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does White Plains compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to White Plains. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for White Plains acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in White Plains, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends