199-201 E Post Road, White Plains, NY

$10,500,000

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33,740

Square feet

0.28

Acres

About 199-201 E Post Road

Property overview introducing an exceptional investment opportunity in the heart of White Plains. This newly constructed 33,740-square-foot mid-rise building features 20 total units—18 modern residential apartments plus 2 street-level commercial spaces. The residential component is currently approximately 70% leased, providing immediate income with strong remaining lease-up potential. The ground-floor commercial space is 40% leased with a secured 10-year tenant, while the remaining space is ideally suited for restaurant, daycare or medical use. The property also offers 772 SF of covered outdoor space with a garden area, with an additional 3875 lower level space, enhancing tenant appeal. Completed in 2025, this turnkey asset delivers immediate returns with additional upside through continued residential and commercial absorption. Located in White Plains’ Central Business District, the building benefits from strong rental demand and prime visibility—making it an ideal acquisition for multifamily investors seeking a secure, high-performing addition to their portfolio. A rare opportunity to acquire a premier asset in a thriving rental market.

Features of 199-201 E Post Road

MLS® # 814312
Price $10,500,000
Bathrooms 0.00
Square Footage 33,740
Acres 0.28
Taxes $156,290
Year Built 2025
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 199-201 E Post Road
Subdivision Section 12584
City White Plains
County Westchester County
State NY
Zip Code 10601
Adult 55+ Community No

Amenities

Utilities Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public
Parking Open
View Neighborhood
Is Waterfront No
Has Pool No

Interior

Interior Combination, Concrete, Vinyl
Appliances Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s)
Heating Electric, See Remarks
Cooling Ductless
Has Basement Yes
Basement Common, Finished, Full
Fireplace No
# of Stories 4

Exterior

Lot Description Level
Exterior Brick, Frame, Structurally Insulated Panels

Additional Information

Date Listed January 27th, 2025
Days on Market 378
Zoning CB-1
Short Sale No
RE / Bank Owned No
Floor 1

Listing Details

OfficeColdwell Banker Realty
Contact Info914-997-0097

Listing Map

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