121 Westmoreland Ave - Apartments FOR SALE


White Plains, NY 10606- Downtown White Plains
$22,000,000 USD
845-596-9104
121 Westmoreland Ave, White Plains, NY for Sale
$22,000,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

121 Westmoreland Ave
White Plains, NY 10606
Downtown White Plains


HIGHLIGHTS

  • Class A Building
  • Market Rate Apartments
  • Gym, Pool Room, Bocce Ball Court, Multiple Lounges, Conference Room
  • On-Site Parking
  • Walking Distance to White Plains Train Station

OVERVIEW

Norden Lofts is a gut rehabbed (completed Sept. 2018) double elevator, 6-story, 65 unit “Class A” luxury building containing a total of 56,424 square feet. There are 44 studios, 16 one-bedroom and five two-bedroom apartments (two bath), all of which feature hardwood floors, large casement windows, high ceilings (11 feet) with exposed pipes and ducts, quartz counter tops, stainless steel appliances (electric stoves) and washers/dryers. Building amenities include a finished lower level with a bocci court, fitness center, club room, lounge area, meeting room, pool table, foosball table, and a pet-grooming station . There is on site gated parking for 79 cars.

FOR SALE DETAILS

PRICE

$22,000,000 USD

PRICE/SF

$390 USD /SF

# OF UNITS

65

PRICE/UNIT

$338,462

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Norden Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

6

YEAR BUILT

2018

PARKING SPACES

79

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

LI

APN/PARCEL ID

1700-130-025-00003-000-0001

ASK ABOUT THIS PROPERTY

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845-596-9104

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845-596-9104

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