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Three-Tenant Mixed-Use Property

1207-1211 White Plains Road, Bronx, NY 10472

For Sale
New
Contact for pricing

Medical, pharmacy, and grocery businesses occupy the building under separate leases.

Property SizeContact for details
Lot Size0.23 Acres
Days on Market6

Property Features for 1207-1211 White Plains Road

General Information

Standard status Active
Lot size 0.23 Acres
Property subtype Retail
Occupancy 100%
Net Operating Income $241,236

Financials

Asking Price $3,690,000
Cap Rate 6.54%

Additional Details

Tenant in Place Yes

Building Details

Buildings 1
Stories 1
Tenancy Multi
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Michael Kook · License NY #10491208242
Source: Crexi
Added: Nov 4 Changed: Nov 9 Last Checked: Nov 8 at 6:14PM

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 Marcus & Millichap - Manhattan

Rey
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Investment Insights

Based on property information with market context.

This single-story mixed-use building has three tenant spaces: a medical center, a pharmacy, and a grocery store with halal meat. The property is fully leased. The medical center’s lease extends through June 2058, while the pharmacy and grocery leases continue through February 2033 and November 2032, respectively. The site measures 9,965 square feet and the building has 100 feet of frontage on White Plains Road in the Parkchester section of the Bronx.

The property is approximately 970 feet south of the Parkchester station on the 6 line at Hugh J. Grant Circle. Chase, TD Bank, Walgreens, and T-Mobile are located at the circle. The in-place capitalization rate is 6.54%.

Key Highlights

  • Single‑story building with three leased spaces: medical center, pharmacy, and grocery
  • Fully leased, with medical center lease extending through June 2058
  • Pharmacy lease runs through February 2033; grocery lease runs through November 2032

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Skin Care Clinic Acupuncture Dental Office

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,143
Businesses Nearby
340k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 56% Shops & Services 20% Groceries 18% Apparel 4%
McDonald's Dining
50,231 visits/mo 0.3 miles
McDonald's Dining
34,729 visits/mo 0.3 miles
Western Beef Groceries
27,937 visits/mo 0.2 miles
Fine Fare Groceries
22,396 visits/mo 0.5 miles
IHOP Dining
17,375 visits/mo 0.3 miles

Demographics for 10472, NY

72,245
Population
24,259
Households
3
Avg Household Size
34
Median Age
14%
College-Educated
69%
High-School Grad
1.1 sq mi
ZIP Area
65,677
Density / Sq Mi
$43,125
Median Household Income
$35,180
Median Earnings
$1,445
Median Rent
$632,500
Median Home Value

Market

Properties on Market for Mixed-use properties in Bronx

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Medical, pharmacy, and grocery businesses occupy the building under separate leases.
Where is this mixed-use property located?
The property is located at 1207-1211 White Plains Road Bronx, NY.
What is the asking price?
The asking price for this property is $3,690,000.
What are key features of this property?
This property features: Single‑story building with three leased spaces: medical center, pharmacy, and grocery; Fully leased, with medical center lease extending through June 2058; Pharmacy lease runs through February 2033; grocery lease runs through November 2032
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