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Investment Highlights

  • REO Sale
  • 4388 SF Lot
  • ~ 24573 Buildable SF as-of-right
  • Sold all cash and as-is
  • R7D. C2-4 in MIH

Executive Summary

REO Sale on behalf of the NYC Tax Lien trust. 4636-4638 White Plains Road consists of a single lot improved by a 3-story brick building. Building consists of 2 retail stores and 4 residential units. At time of listing the retail Stores appear vacant and the residential units appear occupied. The site is adjacent to a 255-unit mixed-use new development. Property is located in R7D / C2-4 with Mandatory Inclusionary Housing (MIH). FAR for the 4388 lot is 5.6 allowing ~ 24573 Buildable feet. Property is sold as-is and all cash. Sold subject to all violation of record. Sold subject to tenancy. Bid deadline 9/3/2026. Sold free and clear of all monetary liens.
Positioned on one of the Bronx's busiest commercial corridors, 4634 White Plains Road offers developers and investors a rare opportunity to acquire a strategically located development site in the heart of the Wakefield neighborhood. White Plains Road is a well-established retail and commercial artery with strong pedestrian traffic, excellent public transportation, and a diverse mix of national retailers, local businesses, medical offices, and neighborhood services.
The property benefits from exceptional accessibility, located just moments from the Wakefield–241st Street subway station (2 train), multiple MTA bus routes, and major thoroughfares including the Bronx River Parkway, I-87 (Major Deegan Expressway), and the Cross County Parkway, providing convenient connections throughout the Bronx, Westchester County, and Manhattan.

Property Facts

Price $2,725,000
Sale Type Investment
Sale Conditions
Distress Sale
  • REO Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Subsidized
Total Lot Size 0.10 AC
Zoning R7D /C2-4 in MIH - R7D /C2-4 in MIH Mandatory Inclusionar Housing. F.A.R of 5.6

1 Lot Available

Lot 2-5087-55

Price $2,725,000
Price Per AC $27,051,173.87
Lot Size 0.10 AC

Prime Development Opportunity | 4634 White Plains Road, Bronx, NY Positioned on one of the Bronx's busiest commercial corridors, 4636 White Plains Road offers developers and investors a rare opportunity to acquire a strategically located development

Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
  • Listing ID: 41421561

  • Date on Market: 7/24/2026

  • Last Updated:

  • Address: 4638 White Plains Rd, Bronx, NY 10470

Contact the Sale Advisor

4638 White Plains Rd

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