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    OFF-MARKET
    Retail properties & Spaces

    3802 White Plains Rd, The Bronx, NY 10467

    12,491 SF Built 2023
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 12,491 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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