2 & 4 Westchester Park Drive White Plains, NY

As exclusive agent, Cushman & Wakefield is pleased to offer 2 & 4 Westchester Park Drive for sale. This two-building medical office park is located within one of Westchester’s most vibrant mixed-use hubs and is walkable to Lifetime Fitness, Wegmans, and nearly 1,000 newly delivered luxury residential units. The Property is currently home to over 30 medical and professional tenants, with a roster that includes NYU Langone Health, White Plains Hospital, and Brain & Spine Surgeons of New York. Positioned at the interchange of I-287, I-684 and the Hutchinson River Parkway, the property offers excellent local and regional access throughout Westchester County and is mass-transit accessible via Metro-North and the Bee-Line bus service.

New 15-year lease with NYU Langone Health → $35MM Capital Investment — Upon completion, NYU Langone will have a $35 million capital investment in a new ambulatory surgery center that is being built on-site, enhancing the property’s already strong, medical-focused tenant base which includes top specialists in neurology, vascular care, and physical therapy. With institutional-grade medical tenancy, stable cash flow, and alignment with rising outpatient demand, the asset is positioned as a rare value-add investment opportunity in a high-performing submarket, offering investors the opportunity for continued medical conversion and expansion. The Property will be delivered 83% leased with in-place rents approximately 30% below market, creating over $1.5MM in NOI upside through a strategic medical lease-up program.

Investment Highlights