3939 White Plains Rd
Bronx, NY 10466
Retail Property For Sale

3939 White Plains Road, Bronx, NY 10466 (the "Property") will sell via auction on Tuesday, August 14, 2018 at 11:00 a.m. (the "Auction Sale"). The opening bid to purchase the Property at the Auction Sale is $700,000. A $70,000 bank check made payable to "John S. Pereira, Chapter 7 Trustee" must be presented to the auctioneer prior to any bidding. The Property is a 25' X 75' lot improved by a mixed-use building that is further defined by one (1) retail unit on the ground floor and four (4) residential units above. The retail unit is further defined by 1,375 SF of leasable space with an additional 600 finished SF in the basement. The residential units are further defined by two (2), two (2) bedroom units and two (2), one (1) bedroom units. All tenants are believed to be month-to-month tenants. Two (2) residential apartments are occupied by commercial tenants. The retail space is also occupied. The Property is being made available for inspection on the following dates: Wednesday, August 8, 2018 from 3pm - 6pm and on Monday, August 13, 2018 from 12 noon - 4pm. The Property is located on White Plains Road between 223rd Street and 224th Street which is part of the White Plains Road Shopping District. The 225th Street train station is serviced by the IRT White Plains Road Line of the New York City Subway. Located in Wakefield, Bronx, at the intersection of 225th Street and White Plains Road, it is served by the 2 train on weekdays and the 5 train during rush hours in the peak direction and on weekends.