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4125-4127 White Plains Rd 5,489 SF 100% Leased Retail Building Bronx, NY 10466 $2,967,646 CAD ($540.65 CAD/SF) 8.38% Cap Rate

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Investment Highlights

  • Located on main street.
  • In the Hub of Shopping area
  • Easy access to transportation. Metro North RR, #2 & #5 Subway, Bronx, Manhattan and Westchester buses
  • Excellent Development Opportunity to build 10- One-bedroom units plus Retail

Executive Summary

2 Contiguous 2-story walkup Mixed-Use Buildings. Each building consists of 2 residential units and 1 retail unit for a total of 4 residential and 2 retail units (Deli Convenience Store & Hair Salon Store). There is also a garage with parking for 3 cars.
The properties are located in the Wakefield Section of The Bronx with easy access to all transportation and only 45 minutes to NYC.
Layout: 4 x 1 Bedrooms. 2 Retail Stores.
Update
Three of the four residential units are vacant, and seller is in the process of vacating last unit in 4125 WPR Apt1. Current income is $2,184/month.
Property delivered as is or with all apartments vacant and the 2 retail units rented.
Buyer’s choice to rent apartments again with a program or free market.

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $270,050 $49.20
Other Income - -
Vacancy Loss - -
Effective Gross Income $270,050 $49.20
Taxes - -
Operating Expenses - -
Total Expenses $22,557 $4.11
Net Operating Income $247,494 $45.09

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $270,050
Annual Per SF $49.20
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $270,050
Annual Per SF $49.20
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $22,557
Annual Per SF $4.11
Net Operating Income (CAD)
Annual $247,494
Annual Per SF $45.09

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,489 SF
Building Class
C
Year Built
1930
Price
$2,967,646 CAD
Price Per SF
$540.65 CAD
Cap Rate
8.38%
NOI
$248,562 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.80
Lot Size
0.07 AC
Zoning
R6/C1-4 - Residential/Muti-family
Parking
3 Spaces (0.55 Spaces per 1,000 SF Leased)
Frontage
20’ on White Plains Rd

Amenities

  • 24 Hour Access
  • Bus Line
  • Metro/Subway
  • Signage
Walk Score®
Walker's Paradise (94)
Transit Score®
Rider's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Key Food
Capital One
Golden Krust Caribbean Restaurants
Rent-A-Center
Chase Bank
Ridgewood Savings Bank
Foodtown
CTown
Met Foodmarkets
Bank of America

Property Taxes

Property Taxes

Parcel Number
04833-0012
Land Assessment
$6,178 CAD (2025)
Improvements Assessment
$52,206 CAD (2025)
Total Assessment
$58,384 CAD (2025)
  • Listing ID: 31231412

  • Date on Market: 2024-03-15

  • Last Updated:

  • Address: 4125-4127 White Plains Rd, Bronx, NY 10466

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