1 AQUEDUCT ROAD

$14,000,000

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MLS #: 4846788
Property Type: Commercial
Approx. Size: 44,000 SqFt
Stories: 2
School District: WhitePlains


Building & Unit Features


Courtesy Of Houlihan Lawrence Inc.

The building was built in 1960. 2 story commercial building consisting of +/- 44,000SF w/ 16.5' ceiling height great for a car dealership, warehouse, storage, showroom, etc. Has 2 loading docks. Ample onsite parking; additional parking can be developed at 25 Aqueduct. Nearby businesses include Pepe Infiniti, Honda, Buick GMC. As well as multiple restaurants and shopping. Fabulous location right off Central Avenue with easy on/off access to I-287 & Bronx River Pkwy. With a high car volume of 25,300 vehicles per year. Quick walk to the White Plains Metro North.

Development opportunity: 2 Contiguous lots for sale ( 1 Aqueduct & 25 Acqueduct, White Plains) totaling 1.39 ACRES. Zoning: B-3 Intermediate Business. Per our meeting with the city of White Plains the development potential is as follows:
STORIES: 4
UNITS: 92 UNITS (market rent)
MAX UNITS: 110 UNITS (50% affordable housing @ 80% AMI)
PARKING: 1 PER "DWELLING UNIT" PLUS 1/4 PER BEDROOM
SETBACK: 15 FEET

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