The Offering
CBRE, Inc. has been retained as the exclusive advisor in the sale of 611 West Hartsdale Avenue (“Property”) located in the town of Greenburgh, New York with a mailing address of White Plains, New York. The 29,250 square foot office building is recently constructed and currently 100% vacant giving an investor or user the ability to reconfigure the space to precisely fit their needs. The Property is in a transited orientated location with easy access to Sprain Brook Parkway (0.3± miles), Interstate 287 (0.8± miles), Saw Mill River Parkway (1.8± miles), White Plains Train Station (2.4± miles) with service to Midtown Manhattan in 36± minutes and the Hartsdale train station (2.1± miles) provides 33± minute service to Manhattan enabling the Property to benefit from vast employment demographic.
Investment Highlights
White Plains – Tenant Preferred Westchester Location
Lease up opportunity at 611 West Hartsdale Avenue will directly benefit from the vibrant White Plain’s medical office market, incredible access to Grand Central via Metro North’s busiest New York train station outside of Manhattan as well as its highly educated workforce (48% of residents over the age of 25 hold a Bachelor’s degree) and numerous housing options. These attributes have made White Plains a top choice for corporate headquarters, hospitals, outpatient medical practices, the County seat, the Federal and County Court System and a major Westchester cluster of law firms.
Phenomenal Demographics
The Property is located in the densely populated city of White Plains easily accessible by a population of 166,196± within a 3-mile radius, increasing to over 220,000± within in a 5-mile radius. Within a 3-mile radius of the property, 71% of the employment base is employed in professional jobs with an average household income of $130,118. 611 West Hartsdale Avenue is surrounded by a young demographic of residents, 35% of the total population within a 3-mile radius of the Property are between the ages of 18-44.
Expansive Amenities
611 West Hartsdale Avenue is surrounded by a multitude of amenities in one of Westchester County’s most desirable and vibrant areas. An influx of luxury retailers, popular restaurants and chic hotels such as the Ritz-Carlton are all located less than three miles away from the Property.
Contact Information
William Cuddy
Executive Vice President
+1 203 325 5380
william.cuddy@cbre.com
Patrick Colwell
Senior Vice President
+1 203 352 8929
patrick.colwell@cbre.com
Louis Zuckerman
Vice President
+1 203 352 8907
louis.zuckerman@cbre.com
Devon Warren
Associate
+1 203 352 8955
devon.warren@cbre.com
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