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- MLS#H6040147
- TypeCommercial
- CountyWESTCHESTER
- CityWhite Plains
- AreaWhite Plains
- NeighborhoodWhite Plains
- Zip10601
- StyleMixed Use
- Year Built1920
- Taxes83200
- Price$ 5,100,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Shanna M Vataj with Kinard Realty Group
Data Source:
OneKey MLS
Property Description
*** MOTIVATED SELLER ***HUGE PRICE REDUCTION!!*** BRING ALL OFFERS Please note: this is not an income-producing building at this time due to construction needs. Rental Breakdown in Docs Mixed-Use building for sale on the most desirable block in downtown White Plains. Located, between Maple and East Post Road with nearby banks, restaurants, bars, salons, boutique businesses, and office buildings with coworking spaces. Heavy foot and vehicle traffic. Maple municipal parking lot directly behind building with rear entrance into the residential part of the building and into three of the four stores. The residential portion of the building requires extensive repairs and renovation to bring up to code to allow occupancy. Currently 4 stories of residential and 2 stories of commercial. Zoning permits 7 stories, 45k sq ft build-able space. 4 out of 5 stores are currently leased - long-term tenants. 5th store undergoing full renovation. Income from retail stores below. BIG JOE TATTOO - 2900 - m2m BIG APPLE SMOOTHIE - 3960 - m2m RAYMOND OPTICIAN - 3100 - m2m FASHION DIVA NAILS - 6000 - m2m. ENTRANCE FROM LOT VACANT STORE - Approx 1500Sq Ft. Entrances on Mam Ave & From the municipal parking lot No residential income since Jan 2017 (Fire in the building). Prior to that residential part of the building was 100% rent-controlled with extremely low rents. Please DO NOT CALL OFFICE Please email for more information and documents.
Price History | |
---|---|
3/3/2021 | Listed $5,100,000 |
General Features
Buildingareaunits | Square Feet |
---|---|
Cooling | None |
Elementary School District | White Plains |
Heating | Oil, See Remarks |
High School District | White Plains |
Hot Water | See Remarks |
Middle/Junior School District | White Plains |
Property SubType | Mixed Use |
Property Type | Commercial Sale |
Sewer | Public Sewer |
Tax Annual Amount | 83200.00 |
Total Units | 15 |
Unit Number | 203 |
Village | None |
Zoning Description | Core Business-1 (CB-1) |
Exterior Features
Lot Size Units | Acres |
---|---|
Number of Buildings | 1 |
Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool