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3958-3972 White Plains Rd
Bronx, NY 10466
SALE - 3950-3972 White Plains Road, Bronx · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Existing Income Producing Retail - Substantial Additional Buildable F.A.R.
- +/- 17,790 SF of Improved Retail (Tax) Payers
- Immediate Access to MTA's 225th Street Train
- Projected gross income of $726K
EXECUTIVE SUMMARY
BRONX DEVELOPMENT SITE FOR SALE (WAKEFIELD). Prime Existing Income Producing Retail - Substantial Additional Buildable F.A.R.
The site is situated at 3950-3972 White Plains Road between 224th & 225th Streets. Immediate access to the MTA’s 225th Street train stop hosting #2 & #5 trains with a weekly ridership of nearly 4,000 persons as well as a weekend ridership of over 3,500 persons. (2019 mta.info)
Situated in a highly trafficked, vibrant area with fantastic community purchase power. This +/- 33,910 SF lot has +/- 258 linear feet of frontage. Further, there is currently, +/- 17,790 SF of improved retail (tax) payers. Moreover, the +/- 17,000 SF built-out retail area has a projected gross income of $726K. The property allows for multiple commercial zoning options. Additionally, nearby retailers include ShopFair, Papa John’s, Foot Locker, KFC, Subway, MoneyGram, Liquor, Food Universe, Pharmacy, Fish Market, Rainbow, , Wonder Pets, and many more. Highway access is located between Bronxwood Ave and Bronx River Parkway. There is also a high daily traffic count of over 10,250 vehicles per day.
The site is situated at 3950-3972 White Plains Road between 224th & 225th Streets. Immediate access to the MTA’s 225th Street train stop hosting #2 & #5 trains with a weekly ridership of nearly 4,000 persons as well as a weekend ridership of over 3,500 persons. (2019 mta.info)
Situated in a highly trafficked, vibrant area with fantastic community purchase power. This +/- 33,910 SF lot has +/- 258 linear feet of frontage. Further, there is currently, +/- 17,790 SF of improved retail (tax) payers. Moreover, the +/- 17,000 SF built-out retail area has a projected gross income of $726K. The property allows for multiple commercial zoning options. Additionally, nearby retailers include ShopFair, Papa John’s, Foot Locker, KFC, Subway, MoneyGram, Liquor, Food Universe, Pharmacy, Fish Market, Rainbow, , Wonder Pets, and many more. Highway access is located between Bronxwood Ave and Bronx River Parkway. There is also a high daily traffic count of over 10,250 vehicles per day.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,790 SF
Building Class
B
Year Built
1931
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.57
Lot Size
0.55 AC
Zoning
C1-2/R5
Frontage
25’ on White Plains Rd
AMENITIES
- Bus Line
- Metro/Subway
PROPERTY TAXES
| Parcel Number | 04838-0050 | Improvements Assessment | $911,748 CAD |
| Land Assessment | $447,419 CAD | Total Assessment | $1,359,167 CAD |
PROPERTY TAXES
Parcel Number
04838-0050
Land Assessment
$447,419 CAD
Improvements Assessment
$911,748 CAD
Total Assessment
$1,359,167 CAD
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