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Central Motel Auction Sale July 31, 2026 441 Central Ave 32 Room Hotel White Plains, NY 10606 For Sale
Executive Summary
EXECUTIVE SUMMARY - CALL FOR PRICE
NOTICE OF PUBLIC AUCTION SALE AND RELATED PROCEDURES IN CONNECTION WITH SALE OF DEBTOR’S INTEREST IN REAL PROPERTY
Public Auction Sale will be held live on July 31, 2026 starting at 10:00 a.m. (the “Sale Date”) at the following location:
Pick & Zabicki LLP
Attn: Douglas J. Pick, Esq.
369 Lexington Avenue, 12th Floor
New York, NY 10017
For more details and to obtain a copy of the complete Sales Procedures Order see Notice of Public Auction Sale in "Brochures & Other Documents"
(212) 695-6000
PROPERTY DESCRIPTION
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
NOTICE OF PUBLIC AUCTION SALE AND RELATED PROCEDURES IN CONNECTION WITH SALE OF DEBTOR’S INTEREST IN REAL PROPERTY
Public Auction Sale will be held live on July 31, 2026 starting at 10:00 a.m. (the “Sale Date”) at the following location:
Pick & Zabicki LLP
Attn: Douglas J. Pick, Esq.
369 Lexington Avenue, 12th Floor
New York, NY 10017
For more details and to obtain a copy of the complete Sales Procedures Order see Notice of Public Auction Sale in "Brochures & Other Documents"
(212) 695-6000
PROPERTY DESCRIPTION
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
Property Facts
| Sale Type | Investment | No. Rooms | 32 |
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built | 1957 |
| Building Class | C | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 0.52 AC | Corridor | Exterior |
| Building Size | 22,775 SF | ||
| Zoning | B-3 - Allows mix use, either current use as a hotel with the option to expand up to 4 stories and 87 keys or a 44 apartments residential-commercial use. | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 22,775 SF |
| No. Rooms | 32 |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.67/1,000 SF |
| Corridor | Exterior |
| Zoning | B-3 - Allows mix use, either current use as a hotel with the option to expand up to 4 stories and 87 keys or a 44 apartments residential-commercial use. |
Amenities
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 32 | $194.63 CAD | - |
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1700-125-072-00008-000-0001 | Improvements Assessment | $14,207 CAD |
| Land Assessment | $67,481 CAD | Total Assessment | $81,688 CAD |
Property Taxes
Parcel Number
1700-125-072-00008-000-0001
Land Assessment
$67,481 CAD
Improvements Assessment
$14,207 CAD
Total Assessment
$81,688 CAD
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Presented by
Douglas Elliman
Central Motel Auction Sale July 31, 2026 | 441 Central Ave
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