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$10,500,000

  • For Sale
  • Active
  • Commercial
See This Home
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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.

Full Property Details for 199-201 E Post Rd

General

  • Price: $10,500,000
  • Taxes: $156,290
  • Status: Active
  • Type: Commercial
  • Source: Long_Island
  • MLS ID: 814312
  • Updated: 2/6/2026
  • Added to Site: 389 day(s) ago

Business

  • Business Type: Food & Beverage, Medical, Mixed, Professional/Office,

Rental Information

  • Complex Features: Bathrooms, Built-in-Features, Lobby, Mailbox, Shades/Blinds, Signage Included

Interior

  • Appliances: Dishwasher, Electric Range, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Flooring: Combination, Concrete, Vinyl

Additional Information

  • Security/Safety: Building Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Video Cameras

Parking

  • Parking Features: Open

Location

  • County: Westchester County
  • Subdivision: Section 12584
  • Cross Streets: Mamaroneck Avenue
  • Driving Directions: Mamaroneck Avenue to 199-201 East Post Road.

Heating & Cooling

  • Cooling Type: Ductless
  • Heating Type: Electric, See Remarks

Utilities

  • Electric Available: Yes
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Sewer Connected, Trash Collection Public

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick, Frame, Structurally Insulated Panels
  • Basement: Yes
  • Basement Desc.: Common, Finished, Full Basement
  • Common Walls: 2+ Common Walls
  • Ceiling Height: 9
  • Entry Floor Number: 1
  • Stories/Levels: 4
  • Stories in Building: 4
  • Building Size: 33740
  • Square Feet: 33,740
  • Year Built: 2025

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Neighborhood
  • Lot Size (Acres): 0.28
  • Frontage: Municipal
  • Road Maintenance: Public Maintained Road
  • Fence: Yes
  • Lot Features: Level
  • Zoning: CB-1
  • Fencing (Description): Back Yard, Chain Link, Vinyl

Financial Considerations

  • Tax Amount: $156,290

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 12508400040030000000
  • Block: 4
  • Lot Number: 3
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 199-201 E Post Rd —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 199-201 E Post Rd

School District:White Plains City School District
NameGradesDistance
White Plains Middle School
128 Grandview Avenue, White Plains, NY 10605
6-91.2 mi
White Plains Senior High School
550 North Street, White Plains, NY 10605
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 199-201 E Post Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2025
Price Reduced
$10,500,000
-8.7%
MLS
1/27/2025
Listed
$11,500,000
1337.5%
MLS
12/02/2016
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 199-201 E Post Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$72,000
6%
2020
100%
$68,000
5%
2020
100%
$65,000
5%
2020
-100%
$62,000
—
2020
$56,277
18%
$62,000
—
2018
$47,819
-17%
$62,000
—
2017
$57,951
1%
$62,000
—
2017
$57,284
-2%
$62,000
—
2016
$58,442
5%
$62,000
—
2015
$55,806
3%
$62,000
—
2013
$54,200
—
$62,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 199-201 E Post Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

199-201 E Post Road, White Plains, NY 10601 (MLS# 814312) is a Commercial property. 199-201 E Post Road is currently listed for $10,500,000 and was received on January 27, 2025. This property is listed by Sally Possidente from our White Plains Regional Sales Center Office.Want to learn more about 199-201 E Post Road? Do you have questions about finding other Commercial real estate for sale in White Plains? You can browse all White Plains real estate or contact a Coldwell Banker agent to request more information.

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