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611 W Hartsdale Ave

29,250 SF 100% Leased Office Building White Plains, NY 10607 $4,975,000 ($170/SF) 3% Cap Rate

Executive Summary

Marcus & Millichap is pleased to offer on exclusive basis the sale of 611 W Hartsdale Avenue, White Plains NY.
The subject property lot is 61,855 SF and has two story fully renovated office building above grade 19,500 SF with finished lower level 9,750 SF.
DaVita Dialysis occupies the entire first floor since September 2019.
The lower level is occupied by Fred Astaire Dance Studio since July 2018, it includes mirrored walls, decorative ceiling, and a large hardwood dance floor installed by the
tenant.
Furthermore, the second floor contains 4 other suites, one Dr office approx, 1,500 SF and two finished vacant spaces plus one space still in a raw condition, the total
vacant space is approximately 7,000 SF.
The entry foyer to the building features a large atrium style area with a 32’ ceiling height. The lobby floor is a single sheet of Brazilian marble.
62 Parking spots with ample parking space.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
29,250 SF
Building Class
B
Year Built
2017
Price
$4,975,000
Price Per SF
$170
Cap Rate
3%
NOI
$149,250
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,682 SF
Building FAR
0.47
Lot Size
1.42 AC
Zoning
LOB - General Business, Medical
Parking
62 Spaces (2.69 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Banking
  • Bio-Tech/ Lab Space
  • Controlled Access
  • Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

DaVita is about life. They are about enriching the lives of their patients, teammates and partners, and the communities in which they operate. To know DaVita—affectionately referred to as the Village—is to understand their history and culture. From a humble start to striving to become a pioneer in health care around the world, see how DaVita has progressed through the years. At DaVita, they are driven to deliver differential, equitable and holistic care to their patients throughout their entire kidney disease journey. Learn how they are making strides to transform kidney care today and beyond. “Giving life.” The name DaVita is an adaptation of this Italian phrase. This is what teammates strive to do for DaVita patients every day, whether they work in a clinic or give support in an office. They are dedicated to an unwavering pursuit of a healthier tomorrow through their mission and core values.

  • Arts, Entertainment, and Recreation
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

An atmosphere of kindness, warmth and fun awaits at every Fred Astaire Dance Studio! It’s what their students tell them they notice from the first time they step inside – an energy and sense of “FADS community” that is welcoming, non-judgmental, and truly joyful! Since 1947, their passion is helping to enrich lives – physically, mentally, emotionally and socially – through the positive, transforming power of dance. There are thousands of reasons why people start dance lessons… and once they show just how much fun ballroom dancing can be, they know everyone will want to keep coming back. From wedding dance instruction, a new hobby or way to connect with a partner, improving one's social life, physical and emotional health, or taking one's dance skills to the next level, dancing with Fred Astaire Dance Studios will result in faster learning, higher levels of achievement – and lots of smiles.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2689-008-141-00094-000-0022
Land Assessment
$3,402,400
Improvements Assessment
$1,871,900
Total Assessment
$5,274,300
  • Listing ID: 33584779

  • Date on Market: 10/21/2024

  • Last Updated:

  • Address: 611 W Hartsdale Ave, White Plains, NY 10607

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