114-116 Ferris Avenue,White Plains, NY 10603
White Plains, NY 10603
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!
Details
| MLS # | 1030466 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 62 |
| Listing Provided By | C. J. Pagano & Sons, Inc. | Christopher Krzeminski |
Features
| SQ Feet | 2,032 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Building(s) | 2 |
| Zoning | RM-1.5 |
| Acreage | 0.14 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Hot Water |
| Appliances | Gas Oven, Refrigerator |
Exterior
| Construction Materials | Vinyl Siding |
|---|
Parking
| Parking Features | Assigned |
|---|
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 10000 |
| Tax Annual Amount | 10617 |
| Tax Lot | 12 |
Area Information
| State | NY |
|---|---|
| County | Westchester County |
| City | White Plains |
| Zip Code | 10603 |
| School District | White Plains Senior High School |
| Elementary School | White Plains (Controlled Parents |
| High School | White Plains Senior High School |
| Listing VS Median (in 10603) | |
Price: $925,000 low | high Med: $439,000 sqft: 2,032 low | high Med: 1,248 $ / sqft: $455 low | high Med: $352 On site: 62 low | high Med: 65 | |
Market Activity 10603
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Learn More About This Property
| State | NY |
|---|---|
| County | Westchester County |
| City | White Plains |
| Zip Code | 10603 |
| School District | White Plains Senior High School |
| Elementary School | White Plains (Controlled Parents |
| High School | White Plains Senior High School |
| Listing VS Median (in 10603) | |
Price: $925,000 low | high Med: $439,000 sqft: 2,032 low | high Med: 1,248 $ / sqft: $455 low | high Med: $352 On site: 62 low | high Med: 65 | |
