Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4379 White Plains Rd The Bronx, NY 10466

    • Commercial real estate
    • 1,819 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Kaieteur Restaurant / Halal Restaurant / Caribbean Restaurant

    Property Details for 4379 White Plains Rd

    Property size
    1,819 SF
    Property type
    Commercial real estate

    Description

    This exceptional turn-key business opportunity presents a fully operational restaurant, bar, lounge, and outdoor venue in the heart of Wakefield, Bronx. Located at 4379 White Plains Rd, 10466, this 1,819 square foot establishment boasts a well-established customer base and a prime location within a high-traffic area. The property includes a vibrant indoor dining area, perfect for showcasing authentic cuisine, a stylish bar ideal for creating a lively atmosphere, and a spacious outdoor patio complete with a stage, making it an excellent space for hosting events. The business is offered at an asking price of $375,000 and is a single-unit operation. This versatile space is ready for immediate ownership, providing a seamless transition for a new owner to capitalize on its existing success and potential. The business is being sold as a business only, offering a unique chance to acquire a thriving enterprise in a desirable location. The property's combination of indoor and outdoor spaces caters to a diverse clientele and provides ample opportunities for growth and expansion. This is an exceptional opportunity for an experienced entrepreneur seeking a profitable and established business in a vibrant community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    The Bronx
    County
    Bronx
    State
    New York
    Longitude
    -73.855
    Latitude
    40.8979

    Comparable in this City

    • Value Estimation
      $1,010,000
      5,216 SF

      4425 Mundy Ln

      OFFICE/RESIDENTIAL (MIXED USE) • 5,216 SF
      4425 Mundy Ln, Bronx, NY 10466-1132
      View Details
    • Value Estimation
      $595,000
      3,168 SF

      775 225th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,168 SF
      775 225th St, Bronx, NY 10466-4207
      View Details
    • Value Estimation by Request
      1,570 SF

      3992 White Plns Rd

      STORE/OFFICE (MIXED USE) • 1,570 SF
      3992 White Plns Rd, Bronx, NY 10466-3002
      View Details
    • Value Estimation
      $920,000
      4,320 SF

      3986 Bronxwood Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,320 SF
      3986 Bronxwood Ave, Bronx, NY 10466-4523
      View Details
    • Value Estimation
      $610,000
      2,622 SF

      3928 Harper Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,622 SF
      3928 Harper Ave, Bronx, NY 10466-2402
      View Details
    • Value Estimation
      $855,000
      2,580 SF

      3975 White Plns Rd

      STORE/OFFICE (MIXED USE) • 2,580 SF
      3975 White Plns Rd, Bronx, NY 10466-3001
      View Details

    Similar Nearby for Sale

    • $425,000
      Pending

      Bronx Duplex: Investor Opportunity

      Duplex in the Bronx, handyman special, sold as-is.
      938 E 228Th St, Bronx, NY 10466
      View Details
    • $1,200,000
      2,576 SF

      Bronx Triplex with Garage

      Triplex on 0.099 acres with garages and driveway.
      3935 Barnes Ave, Bronx, NY 10466
      View Details
    • $575,000
      Pending

      Bronx Duplex in Williamsbridge

      Well-maintained duplex in a prime Bronx location, ideal for investors.
      1005 E 226Th St, Bronx, NY 10466
      View Details
    • $750,000
      1,300 SF

      Bronx Duplex Investment Opportunity

      Legal two-family duplex in Wakefield, Bronx, ideal for investment.
      4216 Wickham Ave, Bronx, NY 10466
      View Details
    • $749,000
      Pending

      Renovated Bronx Income Property

      Turnkey investment property with immediate income generation in the Bronx.
      963 E 225Th St, Bronx, NY 10466
      View Details
    • $999,777
      5,451 SF

      Prime Bronx 6-Family Investment

      Exceptional Bronx multifamily, high ROI.
      3944 Barnes Ave, Bronx, NY 10466
      View Details

    Similar Nearby for Lease

    • $3,250 /Mo

      Spacious Three-Bedroom Apartment in Bronx

      Bright, spacious 3-bedroom apartment with private deck, convenient location.
      4312 Carpenter Ave, Bronx, NY 10466
      View Details
    • Contact for pricing
      3,000 SF

      Boston Road Warehouse Opportunity

      Prime industrial space, 3,000 SF building, 19,000 SF land.
      3981 Boston Rd, The Bronx, NY 10466
      View Details
    • $15 SF/Yr
      19,200 SF

      Prime Wakefield Industrial Property

      19,200 SF Warehouse, Office, & Yard
      3915 Provost Ave, Wakefield, NY 10466
      View Details
    • Contact for pricing
      1,400 SF

      Retail/Medical Space Near Montefiore Hospital

      Retail or professional space near Montefiore hospital.
      651-655 E 233Rd St, Bronx, NY 10466
      View Details
    • $4,500 /Mo
      1,520 SF

      Finished Office Space in Bronx

      Elegantly finished office space suitable for medical or legal practices.
      4133 White Plains Rd, Bronx, NY 10466
      View Details
    • Contact for pricing
      4,050 SF

      Bronx Warehouse Space Available

      4,050 SF warehouse space for rent in Bronx.
      4336 Bronx Blvd, Bronx, NY 10466
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4379 White Plains Rd
    The Bronx, NY 10466
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.