222 Mamaroneck AveWhite Plains, NY 10605

Property Details for 222 Mamaroneck Ave

Year built

1926

Lot size

0.51 AC

Property size (Sq ft)

50,672 SF

Zone code

CB-1

Property type

Office properties

Property subtype

Office buildings

APN

551700 130.28-9-2

APU

5517001302892

Description

This three-story, 62,500 square foot Class C office building at 222 Mamaroneck Avenue in White Plains, NY, offers a variety of flexible office spaces. Built in 1962 and renovated in 2016, the property boasts 12-foot ceilings and currently has 8,922 square feet of vacant space available. Units range from a minimum of 1,211 square feet to a maximum contiguous space of 4,569 square feet, making it suitable for businesses of various sizes. The building features ample parking with 50 spaces available for tenants and their clients. Its convenient location offers easy access to major transportation arteries, including the 287 and Bronx River Parkway, and is directly adjacent to the #60 bus route, providing convenient access to New Rochelle and the Bronx. The building's prime location on the corner of Mamaroneck and Maple Avenues places it within walking distance of numerous restaurants and shops, enhancing the convenience and appeal for employees and visitors. The property is ideal for businesses seeking a well-maintained, conveniently located office space in White Plains, New York, with a zip code of 10605. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $8,377,595

  6.5%

  $7,733,165

  7%

  $7,180,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,620,804

  Geo Method

  $6,620,804

• Alternative Use

  Use

  Valuation

  Residential

  $9,589,124

  Hospitality

  $8,783,586

  Educational

  $7,307,840

  Medical

  $7,559,168

  Retail

  $11,367,752

Location Insight

City

White Plains

County

Westchester

State

New York

Latitude

41.027

Longitude

-73.7648

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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