441 Central Avenue, White Plains, NY Active Save Request In-Person Tour Request Virtual Tour
Other City - Not In The State Of Florida,NY NY 10606
Key Details
Property Type Commercial
Sub Type Hotel
Listing Status Active
Purchase Type For Sale
MLS Listing ID F10491315
Construction Status Resale
Year Built 1982
Annual Tax Amount $24,000
Tax Year 2023
Property Sub-Type Hotel
Property Description
Great location for a very safe investment property, Gross Income over $1.5 Million in 2024, after expenses you get $930,000 dollars, a nice CAP of 8.8% in the cash-to-cash approach. Please do not go without coordinating with listing agent or owners. Do not talk to employees. This is a gold mine, and the seller already got the final approval for a brand new 4 story building, with 87 new keys & 90 elevator parking, add 7,000 Sq Ft of commercial use space for restaurant, coffee shop, etc. NDA is mandatory to get financial information and coordinate inspections. Fast closing desired. Send LOI as soon as possible to listing agent. The cash is there and all the tools for an amazing investment, or perhaps a joint venture may be possible. Marriott Residences are waiting for the new developers.
Location
State NY
County Other County
Area Other Geographic Area (Out Of Area Only)
Zoning b-3
Interior
Heating Central Building A/C
Cooling Central Building A/C
Flooring Carpeted Floors,Ceramic Floor
Exterior
Roof Type Concrete Roof
Building
Story 2.0000
Foundation Concrete Block Construction,Brick Exterior Construction,Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Ownership Self Proprietor/Individual
Security Features Security Lighting
Acceptable Financing Cash,Conventional/Refinance,Owner Financing
Listing Terms Cash,Conventional/Refinance,Owner Financing
Virtual Tour https://www.rodrigovilchesrealtorfl.com