C.J. Pagano & Sons, Inc. is pleased to exclusively offer 114-116 Ferris Avenue, a mixed-use investment property in White Plains, NY, priced at $925,000. The building consists of two fully renovated 2-bedroom residential units and a ±440 SF retail storefront on a 6,098 SF lot. The second-floor unit is leased at $2,800/month through 2/28/2027, with the landlord covering heat for the entire property. The first-floor unit is fully renovated and delivered vacant, offering immediate upside for an owner-user or new lease-up at market rent. The ground-floor retail space is leased on a 5-year term through 2/28/2031 at $1,800/month gross, with the tenant paying electric and contractual 5% annual rent escalations. Positioned just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC) with immediate access to I-287, the Bronx River Parkway, and the Hutchinson River Parkway, the property offers strong connectivity for both residential tenants and retail customers. On-site parking is available in the rear/driveway, with additional street parking for retail patrons. At full occupancy, the property generates a pro forma NOI of approximately $62,500, reflecting a 6.8% cap rate at the asking price. Highlights Mixed-use asset: 2 residential units + retail storefront $925,000 asking price | 6.8% pro forma cap rate Vacant unit offers immediate value-add / owner-user potential Retail lease through 2031 with 5% annual escalations 0.4 miles to White Plains Metro-North (35 min to NYC) Immediate access to I-287, Bronx River Pkwy, Hutchinson River Pkwy On-site parking + street parking for retail customers Landlord pays heat; tenants pay gas/electric