449 WHITE PLAINS RD Bronx, NY 10473

Listing agency eXp Realty a***@gmail.com Show Phone

Listed by Mohamed Ally · License #10401326226 Show Phone

Source Xome

Added: Sep 19, 2024 Updated: Jul 21 at 1:28AM Checked: Jul 21 at 3:04AM

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Investment Insights

Based on property information with market context.

This offering includes a retail strip center building with 10 storefronts. The property is being sold as a package with a vacant lot at 1927 Gildersleeve Ave, Bronx, NY 10473.

The annual rental income cited for the storefronts is $512,400, with $30,000 annually attributed to 1927 Gildersleeve Ave and an additional $12,500 in annual rental income from the vacant lot. The annual expenses provided include $100,000 in taxes and $12,000 in insurance.

The property is located at 449 White Plains Rd, Bronx, NY 10473, with the listing noting proximity to ferries to Manhattan about a block away. Buyers are encouraged to perform due diligence, and all showings require an appointment; tenants are to remain undisturbed.

Key Highlights

• Retail strip center with 10 storefronts, sold as a package with a vacant lot at 1927 Gildersleeve Ave (Bronx, NY 10473)
• Included vacant lot area: 15,767 SF
• Stated annual rental income: $512,400 from the storefronts

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FAQs

What type of property is this?

Shopping center - Retail strip center with 10 storefronts plus an included vacant lot at 1927 Gildersleeve Ave.

Where is this shopping center located?

The property is located at 449 WHITE PLAINS RD Bronx, NY.

What is the asking price?

The asking price for this property is $8,500,000.

What are key features of this property?

This property features: Retail strip center with 10 storefronts, sold as a package with a vacant lot at 1927 Gildersleeve Ave (Bronx, NY 10473); Included vacant lot area: 15,767 SF; Stated annual rental income: $512,400 from the storefronts