50 Main StWhite Plains, NY 10606

Property Details for 50 Main St

Year built

1986

Lot size

1.84 AC

Property size (Sq ft)

307,786 SF

Zone code

CB-4

Property type

Office properties

Property subtype

Office buildings

APN

551700 125.74-5-1

APU

5517001257451

Description

This Class A, 22,064 square foot office building at 50 Main Street, Suite 1000, White Plains, NY 10606, offers a variety of executive office suites, coworking spaces, and creative office solutions. Located in Westchester County, this prestigious property underwent renovations in 2019 and boasts 350 total suites, with 5,970 square feet currently available. The building features convenient amenities including elevators. Spaces range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, catering to businesses of all sizes. Its central location provides easy access to major transportation links, including proximity to Manhattan (40 minutes away), a nearby shopping mall, a Marriott hotel, and various restaurants. The building's modern design and professional atmosphere create an ideal environment for fostering collaboration and productivity. The property's tenant mix includes notable companies, enhancing the prestige of this exceptional business address. This is a multi-tenant building offering flexible lease terms to accommodate diverse business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $50,886,220

  6.5%

  $46,971,896

  7%

  $43,616,760

• Comparable approach

  Method

  Valuation

  Relative Method

  $40,215,320

  Geo Method

  $40,215,320

• Alternative Use

  Use

  Valuation

  Residential

  $58,245,148

  Hospitality

  $53,352,244

  Educational

  $44,388,440

  Medical

  $45,915,028

  Retail

  $69,048,688

Location Insight

City

White Plains

County

Westchester

State

New York

Latitude

41.0314

Longitude

-73.7732

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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