250 Main StWhite Plains, NY 10601

  • Retail properties
  • 0.53 AC
For Lease

Property Details for 250 Main St

Year built
2013
Lot size
0.53 AC
Property type
Retail properties
Property subtype
Parking lots & garages
APN
551700 125.68-6-5..6002
APU
55170012568656002

Description

This exceptional Class A retail or restaurant space, totaling 8,162 square feet, is ideally situated at 250 Main Street in the vibrant White Plains submarket of Westchester County, New York. Currently vacant and ready for immediate occupancy, this single-tenant property presents a unique opportunity for a discerning business. The building boasts a prominent Main Street location, ensuring high visibility and foot traffic. The space is classified as Street Retail and is suitable for a variety of uses, including bars and restaurants. Given its size and prime location, this property is perfect for a business seeking a substantial and impactful presence in the heart of White Plains. The address is 250 Main Street, White Plains, NY 10601. There are no elevators in the building. This is a single-tenant occupancy property. The property is categorized as Class A, reflecting its high-quality construction and desirable location. The property is located in Westchester County, within the White Plains submarket, offering easy access to major transportation routes and a thriving local community. This is a rare opportunity to secure a significant retail or restaurant space in a highly sought-after location. The property's size and prominent location make it an ideal choice for a business looking to establish a strong presence in the White Plains market. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,610,947
    6.5%
    $5,179,336
    7%
    $4,809,383
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,601,700
    Geo Method
    $7,601,700
  • Alternative Use

    Use
    Valuation
    Residential
    $4,368,964
    Hospitality
    $4,001,947
    Educational
    $3,329,573
    Medical
    $3,444,082
    Retail
    $5,179,336
250 Main St, White Plains, New York

Location Insight

City
White Plains
County
Westchester
State
New York
Latitude
41.0332
Longitude
-73.7642
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
-
$4,000
$36,000
$40,000
-
$167,364
$1,506,276
$1,673,640

FAQs

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