Introducing an exceptional investment opportunity in the heart of White Plains, NY. This impressive property features a newly built 33,740 square foot mid-rise building, boasting 18 modern and well-appointed units, along with a street-level commercial space. The commercial ground floor space can be delivered vacant for owner user, this turnkey investment promises immediate returns. Built in 2025, the property offers state-of-the-art amenities and a prime location, making it an ideal choice for multifamily investors seeking a secure and lucrative addition to their portfolio. Seize this rare chance to acquire a premier property in a thriving rental market. Schedule a viewing today to secure this outstanding investment opportunity.
"The Office". The only business office space in Franklin Towers conveniently located in downtown White Plains with it's own ground level entrance. Entry, office, large open work area, additional work area and storage, kitchenette, full bath, closet, door to lobby. Additional off street parking in front of the building. This is a co-op building. Monthly maintenance $879 includes heat & hot water and two assigned parking spaces behind the building. Minimum credit score 725, maximum total debt (mortgage/maintenance/all other debt service) to income coverage 28% of gross income, minimum cash on hand: 6 months of maintenance after closing. Loan to value ratio 80%. Additional Information: ParkingFeatures:2 Car Detached,
The median home value in White Plains, NY is $385,000. This is lower than the county median home value of $691,600. The national median home value is $338,100. The average price of homes sold in White Plains, NY is $385,000. Approximately 49.17% of White Plains homes are owned, compared to 43.48% rented, while 7.35% are vacant. White Plains real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a White Plains real estate agent to arrange a tour today!
White Plains, New York 10601 has a population of 59,452. White Plains 10601 is less family-centric than the surrounding county with 33.62% of the households containing married families with children. The county average for households married with children is 35.32%.
The median household income in White Plains, New York 10601 is $104,849. The median household income for the surrounding county is $105,387 compared to the national median of $69,021. The median age of people living in White Plains 10601 is 41.4 years.
The average high temperature in July is 81 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 50.5 inches per year, with 29.7 inches of snow per year.