99 Court St - Office FOR SALE


White Plains, NY 10601
$4,650,000 USD
914-313-8388
99 Court St, White Plains, NY for Sale
$4,650,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

99 Court St
White Plains, NY 10601


HIGHLIGHTS

  • This well-situated property features excellent access to the Westchester County Court buildings.
  • A plethora of retailers, restaurants, and more are located within a short walk from this site's front doors.
  • The property features on-site parking as well as municipal parking available immediately adjacent to the building.
  • Commuters will find the commuter rail at White Plains station located within walking distance.

OVERVIEW

99 Court Street is a two-story building with zoning allowing for two additional stories. Situated on a corner lot within an opportunity zone, the building consists of six suites with between two and seven offices per suite. The property is located only 2 blocks from the County Courthouse, 3 blocks from the Federal Courthouse, and is close to many restaurants as well as the post office, banks, gyms, supermarkets, shopping, and more. Commuting is easy thanks to close proximity to I-287, 684, and Bronx River. The current monthly rent roll is $32,545 but when the building is fully occupied the rent roll will be approximately $38,000 a month. Many long-term tenants are already in place, one of which being the award-winning Mulinos Italian Restaurant. The building is a great opportunity for an end-user, investor, or developer.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

CB-2

APN/PARCEL ID

1700-125-075-00007-000-0004

ASK ABOUT THIS PROPERTY

Matthew MillereRealty AdvisorsMore Info
914-313-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matthew MillereRealty AdvisorsMore Info
914-313-8388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.