Mixed-Use Property with Vacant
For Sale
Contact for pricing
4742 White Plains Road, Bronx, NY 10470
Mixed-use property featuring a vacant store and residential unit.
Property Size1,886 SF
Price / SF$450.69
Days on Market397
Property Features for 4742 White Plains Road
General Information
Standard status
Active
Size
1,886 SF
Property subtype
Mixed Use, Multifamily, Retail
Zoning
1931
Occupancy
50%
Building Details
Year Built
1931
Buildings
1
Stories
2
Units
2
Listing Agency:
Omorisson Properties
Listed By:
Ovan Morrison · License #10311201828
Source:
Crexi
Added: Sep 6, 2025
Changed: Oct 2
Last Checked: Oct 5 at 6:57PM
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 Omorisson Properties
Investment Insights
Based on property information with market context.
This mixed-use property features a vacant store and a vacant three-bedroom apartment on the top floor, which has the potential to be converted into two apartments. The property offers convenient access to trains, buses, and shopping. The seller reports low expenses and low taxes. The property size is 1886 square feet.
Key Highlights
- Vacant top‑floor 3‑bedroom apartment with potential to convert into two units.
- Large store to be delivered vacant.
- Low taxes.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,385
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,700
$867.7K
Cap Rate 7%
$619,786
$619.8K
Cap Rate 9%
$482,056
$482.1K
Market Conditions
NOI Build-Up for 1,886 SF
Gross rent
$83.7K $44.40/SF
− Vacancy
−$4.9K −$2.58/SF
EGI
$78.9K $41.82/SF
− OpEx
−$35.5K −$18.82/SF
NOI
$43.4K $23.00/SF
Area
Bronx, NY
Vacancy
5.80%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$867,700
Cap Rate 7%
$619,786
Cap Rate 9%
$482,056
Alternative Uses
Best Use
Apartment 5plus
$619.8K
$542.3K – $723.1K
NOI $43,385 @ 7.0% cap · market cap 5.10%
Second Best
Mixed Use
$539.5K
$472.1K – $629.5K
NOI $37,767 @ 7.0% cap · market cap 4.44%
Theoretical Best
Warehouse
$1.31M
$1.14M – $1.52M
NOI $91,481 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,353
Businesses Nearby
Explore this area
Business Placement
Demographics for 10470, NY
16,686
Population
6,869
Households
2.4
Avg Household Size
38
Median Age
41%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
11,919
Density / Sq Mi
$81,134
Median Household Income
$54,227
Median Earnings
$1,656
Median Rent
$500,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring a vacant store and residential unit.
Where is this mixed-use property located?
The property is located at 4742 White Plains Road Bronx, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Vacant top‑floor 3‑bedroom apartment with potential to convert into two units.; Large store to be delivered vacant.; Low taxes.
