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North Broadway Portfolio

3 Properties in Multiple Locations

Investment Highlights

  • North Broadway Portfolio is a three-building investment opportunity along a prominent commercial corridor near the heart of Downtown White Plains.
  • This portfolio spans two centrally located office buildings and a two-level retail/industrial building with a diverse roster of quality tenants.
  • Easy access to the Bronx River and Taconic State Parkways, Interstates 287 and 684, and bus lines provide convenient travel to and from the property.
  • Benefit from well-established properties with excellent exposure and considerable upside potential through rent escalations to market rates.
  • Strategically located near the North White Plains Metro-North Station, which arrives at Grand Central Station within a 38-minute express train ride.

Executive Summary

The North Broadway Portfolio is an attractive three-building investment opportunity in White Plains, New York. 901 N Broadway and 690 N Broadway are a pair of prominently placed office buildings, each containing over 30,000 square feet. 700 N Broadway is a two-story commercial building with ground-level office/retail space and approximately 1,600 square feet of industrial space with a roll-up door on the lower level. Building tenants benefit from a centralized location along a vibrant commercial corridor near restaurants, banks, and retail options.

Capitalize on significant upside potential as the buildings are currently leased at below-market rates. Although listed as a portfolio, property ownership is willing to sell the buildings individually to interested parties. The portfolio’s largest building, 901 N Broadway, sits on a sizable 1.8-acre lot and offers a prime redevelopment opportunity.

Each building offers prominent exposure, abundant free on-site parking, and a diverse tenant roster. Benefit from easy access to bus lines and the North White Plains Metro-North Railroad Station, which connects to Grand Central Station in New York City via a 38-minute ride on the express train. Drivers can conveniently travel to and from the property via the Bronx River, Taconic State Parkway, and Interstates 287 and 684.

Property Facts

Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 64,640 SF
Total Land Area 2.84 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
901 N Broadway, North White Plains, NY 10603 Office 32,000 SF 1973 -
North White Professional Building
690 N Broadway, White Plains, NY 10603
Office 30,000 SF 1968 -
700 N Broadway, White Plains, NY 10603 Retail 2,640 SF 1960 -
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  • Listing ID: 30139716

  • Date on Market: 11/21/2023

  • Last Updated:

  • Address: North Broadway Portfolio, North White Plains, NY

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