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221 Central Avenue, White Plains, NY, 10606

--beds
--baths
3,767sqft
$1,600,000
$425price/sqft
$11,745/moest. monthly cost
$469,800/yrincome needed

About This Home

Prime Development Opportunity in White Plains Unlock the potential of this expansive two houses lot (100 x 125 sq. ft.) situated in a highly desirable, high-growth corridor. Zoned B-3, which is intended to support a mix of uses, including multi-family housing (15 condo units), retail shopping at the ground floor, and offices that benefit from proximity to transit, employment, and commercial opportunities. This parcel offers an excellent footprint for a multi-family development or a luxury custom residence. Conveniently located just steps from public transit and local amenities, this property is a blank canvas for builders and developers ready to capitalize on strong neighborhood demand. Existing two lots contain two properties are current rented and income generating which gives the developer a flexible timeline to construct the new build or rehab for better ROI; . Maximize your ROI—bring your architects and plans today!

Getting Around

80
WalkingVery Walkable
66
TransitGood Transit
50
BikeBikeable

Schools

7/10
Church Street SchoolGrades K-50.6 mi
6/10
7/10

Construction

Condition

  • Year built: 1924

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Features

  • First Floor Full Bath

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,767
  • Total interior livable area: 3,767 sqft

Property

Details

  • Parcel number: 1700125065000020000003
  • Special condition: None

Lot

  • Lot size: 6,354 sqft

Parking

  • Parking features: Driveway,Parking Lot
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Cold Wave
Heat Wave
Inland Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters in Westchester County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,090$97,080
Home Insurance *$580$6,960
Property Taxes $2,453$29,436
Electricity $622$7,470
Total$11,745$140,940
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$402,685/yr
40% on housing$352,350/yr
45% on housing$313,200/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.8%
5.8%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$425This listing

vs Other Active Listings

Avg $/sqft

ZIP 10606$386
Westchester County$419

vs Homes Sold Last Month

Median $/sqft

ZIP 10606$433
Westchester County$422

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-19Listed for sale$1,600,000
2016-02-03Sold$780,000

For Sale by Agent

AgentMichael Hur
BrokeragePremier Agent Network

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