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823-825 White Plains Rd 823 White Plains rd

4,538 SF 52% Leased Retail Building Scarsdale, NY 10583 $2,500,000 ($551/SF) 8.21% Cap Rate

Investment Highlights

  • Heavy foot traffic
  • Great tenants. Spaces always rent.
  • Multiple units

Executive Summary

Over 7% CAP Rate. Amazing Deal. Phenomenal location. Calling all investors. Don't miss this great investment opportunity!
This commercial building has commercial spaces that can be used for many different purposes including office space, retail and more. Located in an extremely desirable location and on a heavy traffic street, on the corner of White Plains Rd and Brook St, right off the Bronx River Parkway. This building is near family residences with a population of over 40,000 people and an average household income of $310K. Plenty of parking around the building for all customers. This is a great investment opportunity you don't want to miss. *Information Believed Accurate But Not Warranted*

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,538 SF
Year Built
1965
Price
$2,500,000
Price Per SF
$551
Cap Rate
8.21%
NOI
$205,366
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.58
Land Acres
0.18 AC
Zoning
RB
Frontage
274 FT on Brook St

Amenities

  • Bus Line

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,200 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,200 SF Retail - Now

1st Floor

Size
2,200 SF
Space Use
Retail
Position
-
Available
Now
Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Trader Joe's
Capital One
The Little Gym of Scarsdale
Equinox
Fresh Market
Starbucks
Citi
New York Sports Club
Chase Bank
Cross Fit Scarsdale

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2489-060-000-00004-000-0023
Land Assessment
$12,000
Improvements Assessment
$2,725
Total Assessment
$14,725
  • Listing ID: 28453388

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 823 White Plains rd, Scarsdale, NY 10583

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