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3857 White Plains Rd
Bronx, NY 10467
Multifamily Property For Sale · 8 Units

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EXECUTIVE SUMMARY

Investment Property Realty Group (IPRG) has been exclusively retained to sell 3857 White Plains Road, a 4-story mixed-use building located in the Wakefield section of the Bronx.
The property consists of six (6) residential apartments and one commercial space. Each apartment features three bedrooms and one bathroom. The commercial unit is currently vacant, with the potential to convert a portion of the space into a seventh apartment, increasing the property’s rent roll.
Situated on the busy corridor of White Plains Road between East 221st and East 222nd Streets, the building measures 20 feet in width and 68 feet in depth, totaling approximately 6,080 square feet.
Built in 1920, the property is ideally positioned within three blocks of both the 219th Street and 225th Street subway stations (2, 5 lines).

PROPERTY FACTS

Price Per Unit $232,350 CAD
Sale Type Investment
Cap Rate 7.72%
Gross Rent Multiplier 7.12
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,080 SF
No. Stories 4
Year Built 1920
Zoning R6

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 - -
3+1 6 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04656-0045
Land Assessment
$7,755 CAD
Improvements Assessment
$420,556 CAD
Total Assessment
$428,310 CAD
  • Listing ID: 37408265

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 3857 White Plains Rd, Bronx, NY 10467

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