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Property profile

2916 White Plains Rd The Bronx, NY 10467

OFF-MARKET
Day care centers
View Sample
51,244 SF

Property summary

AI-generated overview

This vacant, two-story building at 2916 White Plains Road in the Bronx offers a unique investment or development opportunity. The property encompasses 51,244 square feet on a substantial 36,853 square foot corner lot, providing ample space and versatility. The existing structure features 45 parking spaces, a significant asset for any commercial or community use. Zoned R6, C2-3, this location presents exceptional development potential, with air rights allowing for up to an additional 176,895 buildable square feet. This translates to a wide range of project possibilities, including residential, mixed-use, or community facilities. The property's size, zoning, and location in the Bronx make it an attractive proposition for investors, owner-users, or developers seeking a prime location with significant upside. The vacant status allows for immediate customization and development to suit specific needs and visions. This is a rare chance to acquire a substantial property in a thriving area of the Bronx, offering a compelling return on investment and the potential for significant future growth. The property's versatility and substantial size make it suitable for a variety of commercial and community uses.

Property profile

Verified
Property type Day care centers
Total area 51,244 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Furniture & Home Goods Home Decor Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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