Mixed-Use Redevelopment
711 E 220th St, Bronx, NY 10467
- Added:
- May 21, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 6 at 5:06 am
Property Features for 711 E 220th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7122
Building Details
- Year built
- 1910
- Floors in Building
- 3
Listing agent Sofia Dmitriyeva Mahdavi
Listing office ARDEBILI MICHAEL 124-14 METROPOLITAN AVE, KEW GARDENS, NY (718) 850-4000
Listing date May 21, 2026
MLS# 11778378
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Year built: 1910
- Property includes up to 4,000 SF of commercial/community facility space
- Suitable for commercial and residential use, per listing remarks
- On White Plains Rd in a busy area, per listing remarks
Overview
This for-sale property at 711 E 220th St in the Bronx is presented as a mixed-use redevelopment opportunity. The offering supports a commercial and residential vision, with room for a commercial or community facility of up to 4,000 square feet. The remarks also reference a range of potential operating formats, including retail, a day care center, or uses such as a laundromat, which can help guide tenant and end-user planning.
The site is described in a busy White Plains Rd location, positioned for visibility and everyday walk-in or drive-by appeal associated with that type of corridor. The property sits on a lot measuring 0.1309 acres.
Because the current details focus on flexible use potential rather than a finished, turnkey tenant-ready layout, this asset is best suited for buyers who want to shape the project around a specific concept—whether that’s a neighborhood retail presence, a childcare program, or another community-oriented service use. Prospective purchasers and serious brokers can review the redevelopment scope with their architects and permitting teams to confirm how the desired configuration aligns with the available commercial/office/community target area.
The site is described in a busy White Plains Rd location, positioned for visibility and everyday walk-in or drive-by appeal associated with that type of corridor. The property sits on a lot measuring 0.1309 acres.
Because the current details focus on flexible use potential rather than a finished, turnkey tenant-ready layout, this asset is best suited for buyers who want to shape the project around a specific concept—whether that’s a neighborhood retail presence, a childcare program, or another community-oriented service use. Prospective purchasers and serious brokers can review the redevelopment scope with their architects and permitting teams to confirm how the desired configuration aligns with the available commercial/office/community target area.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.4k | $33.60 |
| − Vacancy | −$11.0k | −$2.76 |
| EGI | $123.4k | $30.84 |
| − OpEx | −$37.0k | −$9.25 |
| NOI | $86.4k | $21.59 |
4,000 SF · lease $33.60/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.23M
$1.08M – $1.44M
NOI $86,365 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.77M
$2.43M – $3.23M
NOI $194,020 @ 7.0% cap · market cap 17.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
Similar Places Nearby
- Nyc Loves The Kids Group Day Care Corp — 3343 Olinville Ave, Bronx, NY 10467
- Norwood Kids Daycare — 3155 Decatur Ave, Bronx, NY 10467
- Mosholu Montefiore Community Center, Inc — 3170 Webster Ave, Bronx, NY 10467
- All Seasons A&C Day Care LLC — 700 Rosewood St, Bronx, NY 10467
- Excellent Skills Playschool — 3237 Olinville Ave, Bronx, NY 10467
Location Insight
- Map
- Local Demand
- City
- Bronx
- County
- Bronx
- State
- New York
- Longitude
- -73.86179
- Latitude
- 40.8843
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - For-sale site on White Plains Rd offering space for commercial and community uses up to 4,000 square feet.
Where is this day care center located?
The property is located at 711 E 220th St Bronx, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Year built: 1910; Property includes up to 4,000 SF of commercial/community facility space; Suitable for commercial and residential use, per listing remarks
