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Investment Highlights

  • six street-level retail units
  • Value-add leasing opportunity
  • Excellent long-term investment and redevelopment potential
  • 7.3% In-Place Cap Rate
  • National credit tenant with a recent long-term lease extension
  • Approximately 7,734 SF of additional development rights

Executive Summary

Investment Highlights
Friedman-Roth Realty Services is pleased to exclusively offer 3861-3869 White Plains Road, a prime corner retail investment located in the Olinville section of the Bronx.
This one-story taxpayer consists of six street-level retail spaces situated on the highly trafficked southwest corner of White Plains Road and East 222nd Street. The property offers investors an attractive combination of immediate cash flow, value-add leasing opportunities, and long-term redevelopment potential.
Offered at a 7.3% capitalization rate, the asset features a strong mix of established neighborhood retail tenants, including a nationally recognized franchise with a recently executed long-term lease extension. Several below-market and vacant spaces provide investors with the opportunity to increase income through lease-up and market rent growth.
The property is zoned R6 / C2-4 and includes approximately 7,734 square feet of additional development rights, creating significant future upside for investors and developers alike.
Complete financial information, rent roll, leases, and offering memorandum are available upon execution of a confidentiality agreement.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1920/2011
Price
$4,430,643 CAD
Price Per SF
$886.13 CAD
Cap Rate
7.30%
NOI
$323,437 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.12 AC
Zoning
R6
Frontage
87’ on White Plains Rd

Amenities

  • Bus Line
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

Key Food
Ridgewood Savings Bank
Golden Krust Caribbean Bakery
Capital One
Rent-A-Center
Western Beef, Inc
Chase Bank
CTown
Checkers
Zaxby's

Property Taxes

Property Taxes

Parcel Number
04656-0039
Land Assessment
$156,455 CAD
Improvements Assessment
$615,167 CAD
Total Assessment
$771,622 CAD
  • Listing ID: 41365259

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 3861-3869 White Plains Rd, Bronx, NY 10467

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