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.