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114-116 Ferris Avenue

White Plains, NY 10603
  • $925,000
  • STATUS: Active
  • MLS #: 1030466
UPDATED: 164 min ago
$925,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:
Area:

School Information

Description

Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!

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© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-07T00:17:41.5.
www.thisoldhudsonrealestate.com/homes/179211332
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114-116 Ferris Avenue White Plains, NY 10603

  • Price: $925,000
  • Status: Active
  • On Site: Days
  • Updated: 164 min ago
  • MLS #: 1030466
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1925
Built
Neighborhood:
White Plains
County:
Westchester
Area:
White Plains
Elementary School:
White Plains (Controlled Parents’ Choice)
Middle School:
White Plains Middle School
High School:
White Plains Senior High School
School District:
White Plains
Property Description
Fantastic mixed-use investment opportunity in White Plains! This well-maintained property features two fully renovated 2-bedroom apartments plus a leased retail storefront, near I-287, the Bronx River Parkway, and just 0.4 miles from the White Plains Metro-North Station (under 35 minutes to NYC!). The 2nd floor unit is currently leased at $2,800/month through February 2027, and landlord covers heat for the entire property. The 1st floor unit is fully renovated and vacant which is perfect for an owner-occupant or immediate lease-up. The retail storefront is leased on a 5-year term through February 2031 with annual rent escalations, and the tenant pays their own electric. On-site parking available in the rear/driveway, plus street parking for retail customers. A great opportunity for investors or an owner-user looking for rental income to help offset their mortgage. Don't miss this one!
Exterior Features

Construction Materials Vinyl Siding Cross Street Maple Avenue Parking Features Assigned Property Attached YN Yes Stories 1 Stories Total 2 Waterfront YN No

Interior Features

Appliances Gas OvenRefrigerator Basement Details FullStorage SpaceUnfinishedWalk-Out Access Basement YN Yes Cooling Wall/Window Unit(s) Entry Level 1 Flooring TileWood Number Of Heat Units 1 Number Of Heating Zones 1

Property Features

Additional Fee Description LL pays heat Annual Rental Income 88800 Building Area Total 2032 Building Features Walk Up Disclosures Lead PaintSeller Property Disclosure Electric Company Con-Edison Fuel Expense 2500 Heating Hot Water Listing Terms CashContractConventional Lot Size Area 5934 Net Operating Income 62514 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 10617 Tax Section 125.50 Tax Source Municipality Tenant Pays ElectricityGas Total Vacancies 1 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedTrash Collection Public Water Source Public Zoning RM-1.5

Listing courtesy of Christopher Krzeminski of C. J. Pagano & Sons, Inc.: 914-939-1123
© 2026 OneKey MLS. All rights reserved.


© 2026 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or This Old Hudson Team at Houlihan Lawrence. Data last updated: 2026-09-07T00:17:41.5.
 
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This Old Hudson Team at Houlihan Lawrence
Hudson NY, 12534