220-230 Ferris Ave - Manufacturing FOR SALE


White Plains, NY 10603
$5,750,000 USD
203-984-0046
220-230 Ferris Ave, White Plains, NY for Sale
$5,750,000 USD
Manufacturing - FOR SALE
1/8
null | Request Cap Rate

220-230 Ferris Ave
White Plains, NY 10603


HIGHLIGHTS

  • Two-story, ±50,000 SF property currently ±95% leased with diversified tenancy.
  • Five loading doors and on-site parking for 35+ vehicles, including an MTA-leased area.
  • Surrounding area includes 5,098 new residential units, boosting demand for nearby light industrial services.
  • Convenient access to I-287, I-95, Hutchinson River Parkway, and public transit options including Metro-North Railroad.
  • Located within White Plains’ compact light industrial submarket, supporting continued tenant absorption and rent stability.

OVERVIEW

220-230 Ferris Avenue offers a fully leased light industrial asset in the growing White Plains market. The two-building property comprises approximately 50,000 square feet across two stories and is currently ±95% occupied, providing a stable and diversified tenant base. Set within a high-demand submarket experiencing strong absorption and minimal vacancy, this property is well-positioned for sustained occupancy and potential rental rate growth. With zoning designated as Light Industrial, the property services an expanding residential population in White Plains. Over 5,000 new apartment units are either recently delivered or under development in the immediate market, driving ongoing demand for service-oriented industrial spaces. The site includes over 35 parking spaces and features five loading doors to accommodate logistics needs. Ideal for long-term investors seeking predictable income with upside potential in a supply-constrained market, 220-230 Ferris Avenue offers a rare opportunity in a location that benefits from easy access to major regional highways, including I-287, I-95, and the Hutchinson River Parkway.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ferris Business Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.61

LAND SF

26,572

ZONING

UR-2

APN/PARCEL ID

1700-125-042-00001-000-0001

ASK ABOUT THIS PROPERTY

William AnsonRM FriedlandMore Info
203-984-0046

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William AnsonRM FriedlandMore Info
203-984-0046

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.