3861-3869 White Plains Rd Local commercial 465 m² 70 % Loué À vendre Bronx, NY 10467 2 759 217 € (5 939,99 €/m²) Taux de capitalisation 7,30 %

Investment Highlights
Friedman-Roth Realty Services is pleased to exclusively offer 3861-3869 White Plains Road, a prime corner retail investment located in the Olinville section of the Bronx.
This one-story taxpayer consists of six street-level retail spaces situated on the highly trafficked southwest corner of White Plains Road and East 222nd Street. The property offers investors an attractive combination of immediate cash flow, value-add leasing opportunities, and long-term redevelopment potential.
Offered at a 7.3% capitalization rate, the asset features a strong mix of established neighborhood retail tenants, including a nationally recognized franchise with a recently executed long-term lease extension. Several below-market and vacant spaces provide investors with the opportunity to increase income through lease-up and market rent growth.
The property is zoned R6 / C2-4 and includes approximately 7,734 square feet of additional development rights, creating significant future upside for investors and developers alike.
Complete financial information, rent roll, leases, and offering memorandum are available upon execution of a confidentiality agreement.