Property summary
This exceptional five-story mixed-use building at 3802 White Plains Road in The Bronx, NY 10467, presents a unique investment opportunity. Currently vacant, this 12,491 square foot property boasts a prime location, just steps from the 2/5 subway line at White Plains Road & 219th Street and the Bx39 bus route, ensuring excellent accessibility. Construction is approximately 60% complete, with approved plans for ten apartments and substantial medical office space. The building features a ground-level medical office totaling 3,964 square feet, a lower-level medical office of 2,322 square feet, and an additional 3,871 square feet of cellar space. A rooftop tenant lounge (1,654 square feet) adds a unique amenity. The asking price is $4,500,000, translating to $360 per square foot. The building is zoned R6, C1-4 and features two elevators. This property offers significant potential for a savvy investor seeking a high-return medical office building in a rapidly developing area. The building was constructed in 2023.
Property profile
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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