40 Church St - Bank FOR SALE


White Plains, NY 10601- Downtown White Plains
$1,397,000 USD
914-714-3777
40 Church St, White Plains, NY for Sale
$1,397,000 USD
Bank - FOR SALE
1/10
null | Request Cap Rate

40 Church St
White Plains, NY 10601
Downtown White Plains


HIGHLIGHTS

  • Stand Alone, Downtown, Private Parking Lot, Flexible Zoning

OVERVIEW

Downtown White Plains is undergoing a renaissance, and this property is perfectly positioned to ride the wave. Don’t miss your chance to own a slice of legacy with limitless upside. Historic Charm Meets Modern Opportunity. Step into a piece of White Plains history with this quaint 1,666 SF former bank building nestled in the vibrant heart of downtown White Plains. Located on Church Street, part of the bustling retail corridors, transit hubs, and major redevelopment zones, this freestanding gem offers a rare blend of architectural character and strategic positioning. 40 Church Street located in the CB-3 Zone part of the Central Business District—is designed to support a vibrant mix of commercial, residential, and civic uses, especially in areas adjacent to transit and downtown amenities. It is a free standing multi-floor building located in the downtown section of the City of White Plains in which has major residential and commercial development within blocks of subject property.  The building has a rare private 4-vehicle parking area and additionally, the property is  adjacent to the Hamilton municipal parking garage containing over 1000 parking spaces. The 2 story building consists of 1,666 sf plus a basement measuring approximately 528 sf. for storage and utilities. The first floor is an open plan with an entrance foyer and one ADA lavatory.  The second floor contains an employee break room/kitchenette, a conference area and a private office.  The neighborhood is mostly commercial in character and is dominated by multistory office building and office/retail buildings. To the east of the building, its dominated by midrise apartment building.  To the south along Mamaroneck Avenue, the area is populated with retail, City Center and muti story apartment/retail buildings. To the west, the neighborhood is improved with numerous office building as well as ground-level retail uses.   The building is located with excellent accessibility to highway networks, employment centers and public transportation. In fact, its located .42 mile of White Plains Transportation Center (railroad station and bus depot).

FOR SALE DETAILS

PRICE

$1,397,000 USD

PRICE/SF

$784 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,031 SF

ZONING

CB-3

APN/PARCEL ID

1700-125-067-00008-000-0003

ASK ABOUT THIS PROPERTY

Paul MoulinsKW Commercial Realty GroupMore Info
914-714-3777

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Paul MoulinsKW Commercial Realty GroupMore Info
914-714-3777

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