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Kathy Velez'Klein SFR

kvelez-klein@developingdream.com +1(631) 942-0904

$ 925,000

Est. payment -/mo

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114-116 Ferris AVE White Plains, NY 10603

5,932 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1030466

Rental Info No

Year Built 1925

Annual Tax Amount $10,617

Lot Size 5,932 Sqft

Acres 0.1362

Property Sub-Type Multi Family

Source onekey2

Property Description

Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!

Location

State NY

County Westchester County

Rooms

Basement Full, Storage Space, Unfinished, Walk-Out Access

Interior

Heating Hot Water

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Appliance Gas Oven, Refrigerator

Exterior

Parking Features Assigned

Utilities Available Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools White Plains (Controlled Parents’ Choice)

Middle Schools White Plains Middle School

High Schools White Plains

School District White Plains

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS

Listed by C. J. Pagano & Sons, Inc. • Christopher Krzeminski

GET MORE INFORMATION

+1(631) 942-0904

kvelez-klein@developingdream.com

3505 Veterans Memorial Hwy, Suite L, Ronkonkoma, NY, 11779, USA

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