4700 White Plains Rd - Storefront Retail/Residential FOR SALE


Bronx, NY 10470- Wakefield
$2,650,000 USD
646-794-1482
4700 White Plains Rd, Bronx, NY for Sale
$2,650,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

4700 White Plains Rd
Bronx, NY 10470
Wakefield


OVERVIEW

Great corner at White Plains Rd East 241st Street at the subway station! Both apartments were gut renovated recently. All 4 tenants residential and commercial have no leases, month to month. Major upside in retail rents giving buyer real immediate upside when increasing rents. Commercial tenants RE Tax contributions are $2,700 & $3,000 per year. Apartments market value is $2,000 for 1 bedroom and $2,700 for 2 bedroom giving buyer major upside when increasing rents. There are 6,499 Sq Ft of available air rights as of right. Rear yard approximately 28 x 60 presently has parking for 3 cars which retail tenant uses. This can be used to develop with the available air rights.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$710 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,938 SF

ZONING

R6A

APN/PARCEL ID

05112-0022

ASK ABOUT THIS PROPERTY

Joseph SmithFriedman-Roth RealtyMore Info
646-794-1482

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Joseph SmithFriedman-Roth RealtyMore Info
646-794-1482

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.