99 Court St
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99 Court St
19,500 SF 96% Leased Office Building White Plains, NY 10601 $4,650,000 ($238/SF)
Investment Highlights
- This well-situated property features excellent access to the Westchester County Court buildings.
- The property features on-site parking as well as municipal parking available immediately adjacent to the building.
- A plethora of retailers, restaurants, and more are located within a short walk from this site's front doors.
- Commuters will find the commuter rail at White Plains station located within walking distance.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
19,500 SF
Building Class
C
Year Built
1939
Price
$4,650,000
Price Per SF
$238
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,750 SF
Building FAR
1.95
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CB-2 - Central Business
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This is an excellent single office suite.
This excellent office suite features two windowed offices, a reception area, and a workstation open area.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 200 SF | Office | Full Build-Out | Now |
| 2nd Floor | 625 SF | Office | Full Build-Out | Now |
2nd Floor
| Size |
| 200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 625 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
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2nd Floor
| Size | 200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This is an excellent single office suite.
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2nd Floor
| Size | 625 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
This excellent office suite features two windowed offices, a reception area, and a workstation open area.
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Walk Score ®
Walker's Paradise (96)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
41,004
109,877
208,720
2024 Population
44,104
112,604
210,578
Population Growth '20-'24
7.6%
2.5%
0.9%
2020 Households
17,806
42,345
76,201
2024 Households
19,287
43,568
76,906
Household Growth '20-'24
8.3%
2.9%
0.9%
Average Age
42
42
42
Median Household Income
$97,169
$126,001
$146,472
Daytime Employees
47,505
86,111
164,228
Total Businesses
5,018
9,401
18,148
College Degree + Higher
45%
54%
60%
PROPERTY TAXES
| Parcel Number | 1700-125-075-00007-000-0004 | Improvements Assessment | $53,150 |
| Land Assessment | $26,850 | Total Assessment | $80,000 |
PROPERTY TAXES
Parcel Number
1700-125-075-00007-000-0004
Land Assessment
$26,850
Improvements Assessment
$53,150
Total Assessment
$80,000
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99 Court St
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