Share This Listing

Message

958 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

283-285 Tarrytown Rd 5,460 SF 100% Leased Retail Building White Plains, NY 10607 $2,972,375 CAD ($544.39 CAD/SF) 7.19% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Stable Cash Flow: The property is 100% occupied by established businesses, anchored by a successful AAMCO Transmissions & Total Car Care operator.
  • Access to Major Thoroughfare: The on/off ramp for I-287 is less than half a mile away.
  • Strong Retail Corridor with Automotive Focus: Neighbors within 1 mile along Tarrytown Road include Tesla, Volkswagen, Kia, Nissan, Lexus and more.
  • Advantageous Lease Structure: Tenants are responsible for all utilities and non-structural repairs, ensuring net income growth over time.
  • Anchor Tenant: The AAMCO lease includes annual rent increases tied to CPI (average 3.09% per year from 2016-2025).

EXECUTIVE SUMMARY

Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,460 SF
Building Class
C
Year Built
1956
Price
$2,972,375 CAD
Price Per SF
$544.39 CAD
Cap Rate
7.19%
NOI
$213,632 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.11 AC
Zoning
CB - Commercial Business District
Parking
10 Spaces (7.37 Spaces per 1,000 SF Leased)
Frontage
53’ on Tarrytown Rd

AMENITIES

  • Signage
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tiger Schulmann's Martial Arts
Weight Watchers
Citi
Chase Bank
Smashburger
Golden Krust Caribbean Restaurants
H Mart
ACME
Tim Hortons
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2689-008-010-00008-000-0003
Land Assessment
$614,250 CAD
Improvements Assessment
$1,069,671 CAD
Total Assessment
$1,683,920 CAD
  • Listing ID: 37811945

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 283-285 Tarrytown Rd, White Plains, NY 10607

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}