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    2028 White Plains Rd Bronx, NY 10473

    For Sale
    $5,250,000

    Corner commercial building with high visibility and strong income.

    Property size:
    18,830 SF
    Lot size:
    0.21 Acres

    Property Features for 2028 White Plains Rd

    General Information

    Size
    18,830 SF
    Lot size
    0.21 Acres

    Source: RIPCO Real Estate - Brooklyn Agent Mitchel Flaherty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Commercial Building on White Plains

    This corner commercial building is located off a major retail hub on White Plains Road. It features 250 feet of wraparound frontage, including 125 feet on White Plains Road. The property generates a cash flow of $447,120 per annum, with a $240,000 lease expiring in May 2043. Recent capital expenditures on the property total $3.5 million. The building is conveniently located within walking distance of the Pelham Pkwy 2 and 5 subway stations. The property size is 18,830 square feet.
    Location Intelligence

    Current Use by Public Records

    Laundromat Laundromat Urban Luxe Space Event Venue Olgam Life Plasma ... Blood Donation Center J-MAX Homes Corporation Real Estate Agent Pelham Parkway Little ... Youth Organization

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    RM Flowers LLC

    Location Insight

    • Map
    • Local Demand
    City
    Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.867476
    Latitude
    40.851044

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    FAQs

    What type of property is this?
    Storefront property - Corner commercial building with high visibility and strong income.
    Where is this storefront property located?
    The property is located at 2028 White Plains Rd Bronx, NY.
    What is the asking price?
    The asking price for this property is $5,250,000.
    What are key features of this property?
    This property features: - Corner commercial building boasts 250’ of wraparound frontage, including 125’ on White Plains Road.; - Cash flowing property producing $447,120 per annum.; - $3.5M in recent capital expenditure.
    (718) 233-6565
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2028 White Plains Rd Bronx, NY 10473
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