*Bronx Development Opportunity
Positioned for Future Growth
The White Plains Road corridor has been identified by City officials as a “transit-rich corridor constrained by outdated zoning rules,” with proposed initiatives aimed at creating new housing, supporting job growth, and encouraging long-term neighborhood investment.
Current proposed zoning initiatives north of Allerton Avenue highlight the City’s focus on increasing density and expanding development opportunities along this important Bronx corridor. While 2916–2926 White Plains Road is not currently included in the proposed rezoning area, future consideration or expansion of these initiatives could create additional upside and enhanced redevelopment potential for strategically located properties along White Plains Road.
Current Developement opportunity Buildable Up to 181,152 BSF
Rare opportunity to acquire a prominent corner property on one of the Bronx’s busiest commercial corridors. This highly visible asset features exceptional White Plains Road frontage, strong traffic counts, onsite parking, and significant long-term upside in a supply-constrained market.
Located within a dense residential and commercial trade area, the property is well suited for investors, owner-users, redevelopment, medical, retail, fitness, educational, mixed-use, or institutional use.
Property Highlights
Approx. 51,200 square feet
Prime 0.854 acre corner location on White Plains Road
Excellent visibility and exposure
High traffic corridor
Onsite parking
Institutional-grade site
Strong demographics and surrounding density
Flexible use potential
Significant value-add and redevelopment upside
Potential projected cap rate exceeding 9%