PRIME DOWNTOWN WHITE PLAINS OFFICE INVESTMENT OPPORTUNITY

$5,000,000 | 24,000 SF | $208/SF | 0.36 ACRES | 19 ON-SITE PARKING SPACES

EXCLUSIVELY PRESENTED BY
THE AGENCY | COMMERCIAL DIVISION

INVESTMENT OVERVIEW

The Agency Commercial Division is pleased to exclusively present 200 East Post Road, a 24,000-square-foot Class B office investment opportunity strategically positioned in the heart of Downtown White Plains, New York.

Offered at $5,000,000, or approximately $208 per square foot, the property provides investors with the opportunity to acquire a well-located office asset at an attractive basis within one of Westchester County’s most established commercial centers.

Situated on approximately 0.36 acres, the building features elevator service, flexible floor plates of approximately 8,000 square feet, dedicated on-site parking and a diversified professional tenant base. The property’s central location places tenants within walking distance of Downtown White Plains’ extensive concentration of restaurants, retail, entertainment, professional services and civic amenities.

The combination of existing cash flow, a competitive acquisition basis and long-term positioning within the White Plains CBD creates multiple potential investment strategies. A purchaser may continue operating the property as a multi-tenant office investment while pursuing leasing and operational upside, or evaluate longer-term repositioning opportunities subject to applicable zoning and municipal approvals.

With a Walk Score® of 96, proximity to Metro-North and convenient access to I-287 and the region’s major transportation corridors, 200 East Post Road offers the accessibility increasingly sought by today’s office tenants. The underlying property report confirms the 24,000-square-foot building, 0.36-acre site, Class B designation, elevator and 19 on-site parking spaces.

THE INVESTMENT

A DOWNTOWN ASSET AT AN ATTRACTIVE BASIS

ASKING PRICE
$5,000,000

PRICE PER SF
$208.33

BUILDING SIZE
±24,000 SF

LOT SIZE
±0.36 Acres / 15,682 SF

TYPICAL FLOOR PLATE
±8,000 SF

BUILDING CLASS
Class B Office

YEAR BUILT
1980

PARKING
19 On-Site Spaces

ELEVATOR
Yes

ZONING
CB-2

LOCATION
White Plains Central Business District

The underlying property information identifies the site as approximately 15,682 square feet with CB-2 zoning and a 1.53 FAR.

INVESTMENT HIGHLIGHTS

PRIME DOWNTOWN WHITE PLAINS LOCATION

Positioned within the White Plains Central Business District, 200 East Post Road offers a highly walkable urban location surrounded by major employers, restaurants, retail, entertainment and professional services.

ATTRACTIVE $208/SF ACQUISITION BASIS

At a $5.0 million asking price, the property is offered at approximately $208.33 per square foot, providing investors with an accessible basis for a downtown White Plains office asset.

EXISTING IN-PLACE CASH FLOW

An established professional tenant roster provides current income while offering an incoming investor the ability to pursue additional leasing and asset-management opportunities.

DIVERSIFIED PROFESSIONAL TENANCY

The property accommodates multiple professional and service-oriented businesses, reducing dependence upon a single occupant and supporting a diversified income profile.

DEDICATED ON-SITE PARKING

The property includes 19 on-site parking spaces, an important amenity for a downtown office property where both walkability and automobile accessibility remain important to tenants.

HIGHLY WALKABLE LOCATION

With a Walk Score® of 96 — “Walker’s Paradise” — tenants have convenient pedestrian access to the restaurants, shopping, services and entertainment of Downtown White Plains.

FLEXIBLE ±8,000 SF FLOOR PLATES

The building’s efficient floor plates can accommodate a variety of office configurations and professional users, providing flexibility as tenant requirements evolve.

MULTIMODAL ACCESSIBILITY

The property offers convenient access to the White Plains Metro-North station as well as I-287 and the broader regional highway network. White Plains itself is served by Metro-North, Bee-Line bus service and major highways and is approximately 25 miles north of Manhattan.

VALUE-CREATION POTENTIAL

The combination of existing income, downtown location, flexible layouts and competitive acquisition basis provides an incoming owner with multiple avenues for enhancing long-term asset value.

WHY 200 EAST POST ROAD?

INCOME TODAY. OPTIONALITY TOMORROW.

200 East Post Road presents a compelling combination rarely found at this price point in Downtown White Plains: an existing income-producing office asset, dedicated parking, a highly walkable location and a basis of approximately $208 per square foot.

The opportunity is not dependent upon a single investment thesis.

Income Strategy: Maintain and strengthen the property’s existing professional tenant base while capturing contractual and market-driven rental growth.

Lease-Up Strategy: Capture additional income through the lease-up of available space and active management of future rollover.

Owner-User Strategy: Depending upon lease expirations and availability, the property’s floor plates may offer future occupancy opportunities for a professional firm seeking a recognizable Downtown White Plains headquarters.

Long-Term Optionality: The property’s downtown land position and surrounding redevelopment activity may provide longer-term repositioning potential, subject to zoning, governmental approvals and independent purchaser due diligence.

This flexibility gives investors the ability to pursue near-term income while preserving longer-term strategic alternatives.

FINANCIAL OVERVIEW

CURRENT / PROJECTED RENTAL INCOME

Based upon the ownership information provided, the property’s rent schedule reflects the following:

OPERATING EXPENSES

NET LANDLORD INCOME

$28,957 / Month
$347,484 / Year

INDICATED RETURN AT ASKING PRICE

$5,000,000 Asking Price

$347,484 Net Landlord Income

≈ 6.95% Indicated Return

I would call this “Net Landlord Income / Indicated Return” rather than formally labeling it NOI/cap rate until we confirm that every recurring ownership expense and reimbursement is accounted for.

LOCATION & ACCESSIBILITY

AT THE CENTER OF WHITE PLAINS

200 East Post Road benefits from a strategic location within the White Plains Central Business District, placing the property at the center of one of Westchester County’s principal employment, transportation and commercial hubs.

The property is surrounded by the amenities increasingly important to today’s workforce: restaurants, cafés, shopping, fitness, entertainment and professional services. The source property report places the building approximately 0.9 mile from the White Plains Metro-North station, with an indicated drive time of approximately two minutes, and approximately 7.4 miles from Westchester County Airport.

CONNECTIVITY

White Plains Metro-North Station
Approximately 0.9 Mile

I-287 / Cross Westchester Expressway
Immediate Downtown Access

Bronx River Parkway
Convenient Regional Access

Westchester County Airport
Approximately 7.4 Miles

LaGuardia Airport
Approximately 23.3 Miles

JFK International Airport
Approximately 30.8 Miles

White Plains’ transportation infrastructure is a major component of its regional importance. The city’s Metro-North station and Bee-Line TransCenter function together as a major regional multimodal transportation hub connecting White Plains with New York City and surrounding Westchester communities.

DOWNTOWN WHITE PLAINS

A TRUE LIVE • WORK • PLAY ENVIRONMENT

White Plains combines the economic strength of a major suburban employment center with the walkability and amenities of an urban downtown.

Located approximately 25 miles north of Manhattan, White Plains serves as the county seat of Westchester County and has long functioned as one of the region’s primary commercial and civic centers. The city benefits from Metro-North rail service, Bee-Line buses, major highway access and proximity to Westchester County Airport.

For office users, this creates an important combination: access to the Westchester workforce, connectivity to New York City and Fairfield County, and a downtown environment offering dining, shopping and entertainment outside the office.

For ownership, these fundamentals support the long-term relevance of well-located assets within the CBD.

WHITE PLAINS OFFICE MARKET

IMPROVING FUNDAMENTALS WITH A CONTINUED FOCUS ON QUALITY & LOCATION

Westchester County’s office market entered 2026 with improving occupancy fundamentals, although performance continues to vary significantly based upon building quality, location and amenities.

During Q1 2026, Westchester County recorded positive net absorption and declining vacancy. In the White Plains CBD specifically, overall vacancy declined 170 basis points year-over-year to 23.2%, supported by approximately 96,540 square feet of positive net absorption.

At the county level, leasing activity increased 31.6% quarter-over-quarter during Q1 2026, while overall net absorption returned to positive territory. At the same time, the market continues to demonstrate a pronounced flight to quality, emphasizing the importance of location, accessibility, building condition and tenant experience.

For 200 East Post Road, the investment thesis is therefore not simply “office recovery.” Its competitive position is supported by a downtown CBD location, walkability, parking, flexible floor plates and an acquisition basis that allows new ownership to compete for tenants while maintaining disciplined economics.

DEMOGRAPHIC & EMPLOYMENT PROFILE

STRONG SURROUNDING ECONOMIC BASE

The particularly strong daytime employee population reinforces Downtown White Plains’ position as an employment center rather than simply a residential market. These demographics are reported in the supplied property research.

PROPERTY POSITIONING

ACCESSIBLE. ESTABLISHED. FLEXIBLE.

200 East Post Road offers a compelling combination of characteristics for the private investor:

Downtown location + existing income + parking + walkability + flexible office layouts + attractive acquisition basis.

Rather than competing solely on luxury amenities, the property can offer professional tenants a practical value proposition: a recognizable White Plains business address with convenient transportation, nearby amenities and competitive occupancy costs.

For an incoming owner, that positioning provides the ability to focus capital strategically and pursue improvements where they have the greatest potential impact on tenant retention, leasing velocity and long-term property value.

THE OPPORTUNITY

$5,000,000

ASKING PRICE

$208.33/SF

PRICE PER SQUARE FOOT

±24,000 SF

BUILDING AREA

±0.36 ACRES

SITE AREA

19 SPACES

ON-SITE PARKING

96

WALK SCORE®

±$534,192

GROSS SCHEDULED ANNUAL INCOME

±$347,484

NET LANDLORD INCOME

±6.95%

INDICATED RETURN AT ASKING PRICE

INVESTMENT CONCLUSION

A DISTINCTIVE BASIS IN THE HEART OF DOWNTOWN WHITE PLAINS

200 East Post Road offers investors the opportunity to acquire a manageable-scale office asset in one of Westchester County’s most recognizable commercial districts.

At $5 million, the property combines an approximately $208-per-square-foot acquisition basis with existing income, dedicated parking, professional tenancy and immediate access to the amenities and transportation infrastructure of Downtown White Plains.

For investors seeking current income with the ability to actively manage leasing and enhance value over time, 200 East Post Road represents a compelling opportunity to establish a position in the White Plains CBD.

THE AGENCY | COMMERCIAL DIVISION
EXCLUSIVE SALE REPRESENTATION