Mixed-Use
3925 White Plains Rd, Bronx, NY 10466
For Sale
New
Contact for pricing
Commercial leases include annual rent increases, with tenants reimbursing a portion of real estate taxes.
Property Size8,666 SF
Price / SF$501.96
Days on Market3
Property Features for 3925 White Plains Rd
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Corner Location
Public Transit
Additional Details
Gross Income
Tenant in Place
Building Details
Tenancy
Listing Agency:
Landair Property Advisors
(646) 559-4700
Listed By:
Anand Melwani · License NY #10301223520
(516) 658-1222
Source:
Moodyscre
Added: Nov 11
Changed: Nov 12
Last Checked: Nov 12 at 2:37PM
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 Landair Property Advisors
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Investment Insights
Based on property information with market context.
This 8,666-square-foot mixed-use property at 3925 White Plains Rd is fully occupied. Each storefront includes basement space, and the roof has been renovated recently. Commercial leases provide for 4% annual escalations, while tenants reimburse 88% of real estate taxes.
The property occupies a corner lot, approximately 0.1 miles from the 2 and 5 train lines.
The property occupies a corner lot, approximately 0.1 miles from the 2 and 5 train lines.
Key Highlights
- 8,666‑square‑foot mixed‑use property
- 100% occupied
- Commercial leases include 4% annual escalations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$182,423
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,648,460
$3.6M
Cap Rate 7%
$2,606,043
$2.6M
Cap Rate 9%
$2,026,922
$2.0M
Market Conditions
NOI Build-Up for 8,666 SF
Gross rent
$291.2K $33.60/SF
− Vacancy
−$30.6K −$3.53/SF
EGI
$260.6K $30.07/SF
− OpEx
−$78.2K −$9.02/SF
NOI
$182.4K $21.05/SF
Area
Bronx, NY
Vacancy
10.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,648,460
Cap Rate 7%
$2,606,043
Cap Rate 9%
$2,026,922
Alternative Uses
Best Use
Retail
$2.61M
$2.28M – $3.04M
NOI $182,423 @ 7.0% cap · market cap 4.19%
Second Best
Mixed Use
$2.48M
$2.17M – $2.89M
NOI $173,537 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$4.13M
$3.62M – $4.82M
NOI $289,446 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,670
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 38%
Apparel 22%
Dining 19%
Electronics 11%
Dollar General
Shops & Services
9,086 visits/mo
0.5 miles
Metro by T-Mobile
Electronics
5,058 visits/mo
0.2 miles
SUBWAY
Dining
4,955 visits/mo
0.2 miles
Super Foodtown
Groceries
4,811 visits/mo
0.2 miles
Rainbow
Apparel
4,736 visits/mo
0.2 miles
Demographics for 10466, NY
70,420
Population
26,303
Households
2.7
Avg Household Size
38
Median Age
26%
College-Educated
81%
High-School Grad
2.0 sq mi
ZIP Area
35,210
Density / Sq Mi
$66,328
Median Household Income
$44,053
Median Earnings
$1,528
Median Rent
$605,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Bronx
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial leases include annual rent increases, with tenants reimbursing a portion of real estate taxes.
Where is this mixed-use property located?
The property is located at 3925 White Plains Rd Bronx, NY.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: 8,666‑square‑foot mixed‑use property; 100% occupied; Commercial leases include 4% annual escalations
