Remarks
Property overview introducing an exceptional investment opportunity in the heart of White Plains. This newly constructed 33,740-square-foot mid-rise building features 20 total units—18 modern residential apartments plus 2 street-level commercial spaces. The residential component is currently approximately 70% leased, providing immediate income with strong remaining lease-up potential. The ground-floor commercial space is 40% leased with a secured 10-year tenant, while the remaining space is ideally suited for restaurant, daycare or medical use. The property also offers 772 SF of covered outdoor space with a garden area, with an additional 3875 lower level space, enhancing tenant appeal. Completed in 2025, this turnkey asset delivers immediate returns with additional upside through continued residential and commercial absorption. Located in White Plains’ Central Business District, the building benefits from strong rental demand and prime visibility—making it an ideal acquisition for multifamily investors seeking a secure, high-performing addition to their portfolio. A rare opportunity to acquire a premier asset in a thriving rental market.
