Highlights
• Long-term tenancies with an average occupancy of 12 years • Parking conveniently located just steps from the building • On-site management for tenant support • Newly renovated lobbies, elevators, and common areas • Walking distance to Westchester Mall
Description
34 South Broadway, situated in downtown White Plains adjacent to The Westchester Mall, offers a premier location with exceptional access to top-tier amenities, transportation, and a vibrant business and lifestyle community. The property benefits from a stable, long-term tenant roster—including medical, accounting, law, and professional service firms—providing a solid investment with strong upside potential. Tenants have an average occupancy of 12 years. The building features well-maintained interiors, flexible floor plans, and high-speed connectivity, making it suitable for a variety of professional uses. Convenient access to I-287, the Bronx River Parkway, and major highways, along with ample parking, enhances its appeal for both tenants and visitors. Nearby development at 60 South Broadway, with approved plans for 814 apartments and 28,000 SF of retail space, will further increase the client base for existing and future professional, medical, and service tenants. Overall, 34 South Broadway represents a premier investment opportunity combining long-term stability, value, and growth potential.
Listing Details
- Cap Rate
7.28%
- Tenancy
Multi
- Space Type
office
- Sub Category
executive
- Sale Type
Investment Sale
- Date Listed
9/22/2025
- Net Operating Income
$720,720
- Typical Floor Size
7,500 SF
- Ceiling Height / Slab to Slab
10 Ft
- Building FAR
5.02
Property Specifics
- Property Name
34 S Broadway
- Property Class
B
- No of Buildings
1
- No of Stories
7
- Year Built
1970
- Building Size
52,500 SF
- Lot Size
0.24 AC
- Year Renovated
2018
- APN
1700-125-076-00002-000-0003
- Zoning
CB-3 - Commercial
- Occupancy
84%