914-588-1585
441 Central Ave, White Plains, NY for Sale
Hospitality - FOR SALE
1/6
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441 Central Ave
White Plains, NY 10606


OVERVIEW

CALL FOR PRICE The Site consists of two tax lots totaling approximately 22,722 square feet with one lot, known as 441 Central Avenue, currently developed with a 28 guest room motel and the other lot, known as 19 Waldo Avenue, currently developed with a single family home. Situated in the B-3 (Intermediate Business) zoning district, which permits hotels, multifamily housing and various other uses (see attached zoning code) Section 125.72, Block 8, Lots 1 and 2 Approved in 2021 for the demolition of the existing two-story motel and single family home followed by the construction of a four-story, 45 foot tall, 37,142 square foot hotel with 87 rooms and amenities such as lobby, lounge, exercise room and meeting rooms along with off street parking for 88 cars provided by mechanized vehicle lifts ("Lifts") located on the first floor of the garage

FOR SALE DETAILS

PRICE

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# OF ROOMS

32

CAP RATE

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TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Central Motel Courtyard - REDEVELOPMENT

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1957

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

B-3

APN/PARCEL ID

1700-125-072-00008-000-0001

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Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

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Garry KleinHoulihan Lawrence CommercialMore Info
914-588-1585

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