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441 Central Avenue 441-19

$10,670,000
441 Central Avenue, White Plains, Other City - Not In The State Of Florida, NY NY 10606
441 Central Avenue 441-19

441 Central Avenue 441-19

$10,670,000

Great location for a very safe investment property, Gross Income over $1.5 Million in 2024, after expenses you get $930,000 dollars, a nice CAP of 8.8% in the cash-to-cash approach. Please do not go without coordinating with listing agent or owners. Do not talk to employees. This is a gold mine, and the seller already got the final approval for a brand new 4 story building, with 87 new keys & 90 elevator parking, add 7,000 Sq Ft of commercial use space for restaurant, coffee shop, etc. NDA is mandatory to get financial information and coordinate inspections. Fast closing desired. Send LOI as soon as possible to listing agent. The cash is there and all the tools for an amazing investment, or perhaps a joint venture may be possible. Marriott Residences are waiting for the new developers.

Features & Amenities

Interior

Flooring Carpet, Ceramic Tile

Exterior

Stories 2
Water Source Public
ROOF Concrete
Parking Guest, Valet
Heat type Central
Air Conditioning Central Air
Sewer Public Sewer
Security Features Fire Sprinkler System, Other, Smoke Detector(s), Security Lights

Area & Lot

Status For Sale
LIVING SPACE 25,000 Sq.Ft.
LOT SIZE 0.52 Acres
MLS® ID F10491315
Type Commercial
Year Built 1982

Financial

SALES PRICE $10,670,000
REAL ESTATE TAXES $24,000/yr
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Thank you for your interest in 441 Central Avenue, White Plains, Other City - Not In The State Of Florida, NY NY 10606. We are reviewing your request and will be in touch shortly!

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