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13561247
13561246

77 Lafayette Ave, White Plains, NY 10603

RA
NY 10301200070, NY
Houlihan Lawrence
Listed by Houlihan Lawrence
$3,500,000
940 days on market
Updated 24 days ago

77 Lafayette Avenue

Details
Property Type Industrial
Sub Type Flex
Square Footage 16,000
Cap Rate 6.35%
NOI $222,226
Occupancy 90%
Tenancy Multi
Lease Type Modified
Buildings 1
Acreage 0.690
Zoning Industrial A (IND A)
Parking Spaces 46 spaces
Parking Per SqFt 2.88
Ground Lease No
Ceiling Height 9

Industrial - Income Producing Property with onsite parking and minutes to major highways

Marketing description

77 Lafayette Avenue, White Plains, NY 10603 presents a compelling opportunity to acquire a fully leased 16,000 SF industrial flex building in the sought-after North White Plains market. Positioned on a 0.69-acre site, this income-producing asset offers immediate cash flow with a reported NOI of $222,226 and 90% occupancy. The property is ideally located just minutes from the White Plains Metro-North Station, I-287, and I-684, providing excellent regional connectivity for tenants and businesses alike. Zoned Industrial A (IND A), the building supports a wide range of permitted uses, including business and professional offices, manufacturing, fabricating, assembling, indoor garage operations, taxi and limousine dispatch, and select retail-related uses. Additional highlights include 46 surface parking spaces, 2,000-amp 3-phase power, and a versatile layout suited for office, showroom, light industrial, and service-oriented tenancy. With strong infrastructure, flexible zoning, and a prime Westchester location, this is a rare chance to secure a stabilized industrial flex investment in one of the region’s most accessible commercial corridors.

Investment highlights

  • Zoning – Industrial A (IND A) Permitted uses
  • Business and professional offices and studios.
  • Manufacturing, fabricating, finishing or assembling.
  • Retail fuel storage and sales, except that storage of gasoline
  • Public or private garages – indoor work only
  • Gasoline filling and service stations,
  • Taxi and limousine dispatch
  • Fine arts instruction schools
  • Minutes from Metro North White Plains Station and I-287
  • Minutes to major highways – I-287 and 684
  • 90% Leased
  • Parking: 46 Surface spaces
  • Electric: 2000 Amps 3-phase power
  • Lot size: .69 Acres
  • Taxes: $42,954

Listing Contacts

RA
NY 10301200070, NY
Houlihan Lawrence
Listed by Houlihan Lawrence

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$222,226.00
$18,518.83/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Additional Information

Name
Rich Aponte
License
10301200070
Title
NY
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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