Corner Retail
3800 White Plains Road, Bronx, NY 10467
For Sale
Contact for pricing
A 1,000-square-foot unit is available for immediate occupancy at a subway station serving the East 219th Street area.
Property Size6,000 SF
Price / SF$0.76
Days on Market35
Property Features for 3800 White Plains Road
General Information
Standard status
Size
Property subtype
Additional Details
Corner Location
Building Details
Year Built
Listing Agency:
Expert Homes NY
(516) 637-9472
Listed By:
Benjamin Yousefzadeh · License NY #10311202833
(212) 257-2119
Source:
Neilcharlesrealestate
Added: Oct 7
Changed: Nov 10
Last Checked: Nov 9 at 3:13PM
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 Expert Homes NY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property offers a 1,000-square-foot space with 9-foot ceilings and immediate occupancy. The building dates to 1928 and contains 6,000 square feet in total.
The space is at the East 219th Street stop for the 2 and 5 subway lines. Its corner position and reported pedestrian activity support a street-level retail presence.
The space is at the East 219th Street stop for the 2 and 5 subway lines. Its corner position and reported pedestrian activity support a street-level retail presence.
Key Highlights
- 1,000 square feet available for immediate occupancy
- 9‑foot ceilings
- At the East 219th Street stop for the 2 and 5 subway lines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,548
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,590,960
$2.6M
Cap Rate 7%
$1,850,686
$1.9M
Cap Rate 9%
$1,439,422
$1.4M
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$201.6K $33.60/SF
− Vacancy
−$16.5K −$2.76/SF
EGI
$185.1K $30.84/SF
− OpEx
−$55.5K −$9.25/SF
NOI
$129.5K $21.59/SF
Area
ZIP 10467
Vacancy
8.20%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,590,960
Cap Rate 7%
$1,850,686
Cap Rate 9%
$1,439,422
Alternative Uses
Best Use
Retail
$1.85M
$1.62M – $2.16M
NOI $129,548 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,401 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,113
Businesses Nearby
96k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 36%
Apparel 10%
Electronics 7%
BP
Shops & Services
9,815 visits/mo
0.4 miles
Mobil
Shops & Services
9,549 visits/mo
0.5 miles
Dollar General
Shops & Services
9,086 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
5,317 visits/mo
0.4 miles
Dunkin' Donuts
Dining
5,197 visits/mo
0.5 miles
Demographics for 10467, NY
103,660
Population
40,582
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
75%
High-School Grad
2.3 sq mi
ZIP Area
45,070
Density / Sq Mi
$47,806
Median Household Income
$36,949
Median Earnings
$1,505
Median Rent
$425,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Bronx, NY
Properties on Market for Retail space in Bronx
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - A 1,000-square-foot unit is available for immediate occupancy at a subway station serving the East 219th Street area.
Where is this retail space located?
The property is located at 3800 White Plains Road Bronx, NY.
What are key features of this property?
This property features: 1,000 square feet available for immediate occupancy; 9‑foot ceilings; At the East 219th Street stop for the 2 and 5 subway lines
