Home Details for 114-116 Ferris Avenue

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!

• Utilities

  • Natural Gas Available
  • Cable Available
  • Cable Connected
  • Electricity Available
  • Electricity Connected
  • Natural Gas Connected

• Basement

  • Full
  • Storage Space
  • Unfinished
  • Walk-Out Access

• Cooling Information

  • Wall/Window Unit(s)

• Heating Information

  • Hot Water

• Water Features

  • Public

• Parking

  • Assigned