140 Grand StWhite Plains, NY 10601

Property Details for 140 Grand St

Year built

1989

Lot size

1.15 AC

Property size (Sq ft)

120,275 SF

Zone code

CB-4

Property type

Office buildings

APN

551700 125.83-3-1

APU

5517001258331

Description

This exceptional 4,000 square foot commercial space at 140 Grand Street in White Plains, New York, presents a unique opportunity for a variety of businesses. Located in Westchester County, this single-tenant property boasts a highly desirable street-level retail presence, making it ideal for a range of uses including traditional office space, fitness centers, or restaurants (permitted use). The building offers ample on-site parking for convenience. The interior features impressive 20-foot ceilings, providing a spacious and modern feel. The entire 4,000 square feet is currently vacant and ready for immediate occupancy. The property's prime location in White Plains offers excellent visibility and accessibility, ensuring high foot traffic and easy access for clients and employees. This versatile space is perfect for a business seeking a prominent location with significant square footage and high ceilings. The property type is classified as retail, office, and restaurant, reflecting its adaptability to various business needs. The zip code is 10601. This is a rare opportunity to secure a substantial and well-located commercial space in a thriving Westchester County market. Don't miss out on this chance to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $22,536,400

  6.5%

  $20,802,800

  7%

  $19,316,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,715,100

  Geo Method

  $15,715,100

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $40,956,000

  Retail / Commercial

  $21,002,000

  Mixed-Use / Specialty

  $20,927,100

  Hospitality / Lodging

  $15,353,600

  Institutional / Educational

  $21,755,800

  Residential Income

  $25,454,300

  Multifamily

  $30,528,500

  Automotive / Energy

  $18,647,800

  Parking / Income-Based Land

  $6,435,140

  Restaurant / Food Service

  $10,884,400

  Healthcare / Senior Housing

  $21,460,400

Location Insight

City

White Plains

County

Westchester

State

New York

Latitude

41.029

Longitude

-73.7683

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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