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Mixed-Use Building in Parkchester, Bronx
For Sale
$799,000

1731 White Plains Rd The, Bronx, NY 10462

Mixed-use building with commercial space and residential units in Parkchester.

Property Size1,536 SF
Lot Size0.03 Acres
Days on Market313

Property Features for 1731 White Plains Rd The

General Information

Standard status Active
Size 1,536 SF
Lot size 0.03 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $5,030

Building Details

Building Size 1,536 SF
Year Built 1901
Units 2
Listing Agency: Key Max Realty Corp
Listed By: MD Jewel
Source: Elliman
Added: Nov 28, 2025 Changed: Sep 30 Last Checked: Oct 5 at 4:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Max Realty Corp

Investment Insights

Based on property information with market context.

Located at 1731 White Plains Road in the Parkchester neighborhood of the Bronx, this mixed-use building offers a street-level commercial space and residential units. The property benefits from high visibility and is surrounded by businesses, shops, and restaurants. Public transportation is located nearby. The property is suitable for investors or owner-users looking to generate rental income or establish a business.

Key Highlights

  • High‑visibility, mixed‑use building in the heart of Parkchester, Bronx.
  • Street‑level commercial space and residential units above.
  • Ideal for investors or owner‑users seeking rental income or business establishment.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,413
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,260 $608.3K
Cap Rate 7%
$434,471 $434.5K
Cap Rate 9%
$337,922 $337.9K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$55.3K $36.00/SF
− Vacancy
−$6.6K −$4.32/SF
EGI
$48.7K $31.68/SF
− OpEx
−$18.2K −$11.88/SF
NOI
$30.4K $19.80/SF
Area
ZIP 10462
Vacancy
12.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$608,260
Cap Rate 7%
$434,471
Cap Rate 9%
$337,922

Alternative Uses

Best Use
Mixed Use
$434.5K
$380.2K – $506.9K (±1% cap)
NOI $30,413 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$732.9K
$641.3K – $855.1K (±1% cap)
NOI $51,303 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Hotel & Motel Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,744
Businesses Nearby

Demographics for 10462, NY

84,655
Population
31,828
Households
2.7
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
1.5 sq mi
ZIP Area
56,437
Density / Sq Mi
$63,460
Median Household Income
$42,383
Median Earnings
$1,711
Median Rent
$372,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with commercial space and residential units in Parkchester.
Where is this mixed-use property located?
The property is located at 1731 White Plains Rd The Bronx, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High‑visibility, mixed‑use building in the heart of Parkchester, Bronx.; Street‑level commercial space and residential units above.; Ideal for investors or owner‑users seeking rental income or business establishment.
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