Ricki Noto
BEDS4
BATHS3 full
MLS#1030765
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLWhite 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!
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Storage Space, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Garage: 2
Heating: Hot Water, Oil
Home Style: Colonial
Lot Size: 0.14 Acres
Taxes: $10,617
Year Built: 1925
Amenities
First Floor Bedroom
First Floor Full Bath
Eat-in Kitchen
Feature Descriptions
Building Area Total: 2032
Exterior: Vinyl Siding
Flooring: Tile, Wood
Fuel Expense: 2500
GarageY/N: Yes
Heating Units: 1
Heating Zones: 1
Lot Features: Back Yard
On Market Date: 2026-07-26
Parcel Number: 1700-125-050-00001-000-0012
Parking Features: Assigned
Parking Total: 5
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 3
Separate Gas Meters: 3
Sewer: Public Sewer
Tenant Pays: Electricity, Gas
Units: 3
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Trash Collection Public
Water: Public
Local Schools
High School: White Plains Senior High School
Middle School: White Plains Middle School
Elementary School: White Plains (Controlled Parentsâ?? Choice)
School District: White Plains
Estimate Your Payment
Estimated Payment
$ 5,831.85 per month $4,677.30 Principal & Interest $884.75 Property Tax $269.79 Homeowner's InsuranceChange Payment Information
Listed By / Shown By
Listing By
Agency Name: C. J. Pagano & Sons, Inc.
Agency Contact: 914-939-1123
Shown By
Agent Name: Ricki Noto
Agent Phone: Cell: (917) 860-5952
Agency Title: Coldwell Banker American Homes
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114-116 Ferris Avenue | MLS# 1030765
This multi-family property located at 114-116 Ferris Avenue , White Plains, NY 10603 is currently listed for sale with an asking price of $925,000. 114-116 Ferris Avenue is located within the White Plains school district. Search White Plains real estate on www.rickinoto.com today.