52,500 SF 84% Leased Office Building
Description
Investment Highlights
Long-Term Tenancies – Strong tenant stability with an average occupancy of 12 years
Prime Accessibility – Parking steps from the building and located within walking distance to The Westchester Mall
Professional On-Site Management – Ensures responsive service and building oversight
Recent Capital Improvements – Newly renovated lobbies, elevators, and common areas
Executive Summary
34 South Broadway is a premier professional office property located in the heart of downtown White Plains, offering unmatched access to first-class amenities, transportation, and a thriving business community. The building features a diverse and stable tenant roster, including long-standing firms in medical, legal, accounting, and professional services. Average tenant tenure of 12 years demonstrates a strong commitment to the property and underscores its investment appeal.
The asset offers flexible floor plans, modern interior finishes, and high-speed connectivity, making it suitable for a wide range of professional users. Its strategic location provides exceptional access to major regional highways including I-287 and the Bronx River Parkway, as well as abundant nearby parking options for tenants and visitors.
Significant long-term upside is further supported by nearby redevelopment activity. The recent sale and approved redevelopment of 60 South Broadway, just steps away, includes plans for 814 residential units and 28,000 SF of retail space—with no competing office or professional space. This development will drive increased demand for medical, legal, and service-based office tenants, positioning 34 South Broadway to benefit from a growing client base and long-term area growth.
34 South Broadway offers investors a rare opportunity to acquire a well-performing, strategically located asset with durable in-place income and compelling future upside.