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4057 White Plains Road - Bronx Development Site 0.13 Acres of Commercial Land Offered at $2,500,000 in Bronx, NY 10466
Investment Highlights
- Vacant Corner Development Site with DOB-Approved Plans
- Approved plans for a six-story mixed-use building consisting of 25 residential units, ground-floor retail, and on-site parking
- The property is ideally situated at the corner of White Plains Road and East 228th Street
- The subject property is a 56.25-foot-wide lot with a depth of 100 feet, located on a corner parcel that has been fully demolished
- Approved plans total approximately 28,217 SF and feature a unit mix of sixteen (16) one-bedroom apts, three (3) two-bedroom apts & six (6) studio apts
- Within walking distance of the 225th Street and 233rd Street subway stations, serviced by the 2 and 5 lines
Executive Summary
Investment Property Realty Group (IPRG) has been exclusively retained to sell 4057 White Plains Road. The offering consists of a corner fully approved shovel ready development site that is in the Wakefield section of the Bronx.
The subject property is a 56.25-foot-wide lot with a depth of 100 feet, located on a corner parcel that has been fully demolished. The site is being delivered with DOB-stamped, approved plans for a six-story mixed-use building consisting of 25 residential units, ground-floor retail, and on-site parking.
The approved plans total approximately 28,217 square feet and feature a unit mix of sixteen (16) one-bedroom apartments, three (3) two-bedroom apartments, and six (6) studio apartments.
The property is ideally situated at the corner of White Plains Road and East 228th Street, within walking distance of the 225th Street and 233rd Street subway stations, serviced by the 2 and 5 lines.
The subject property is a 56.25-foot-wide lot with a depth of 100 feet, located on a corner parcel that has been fully demolished. The site is being delivered with DOB-stamped, approved plans for a six-story mixed-use building consisting of 25 residential units, ground-floor retail, and on-site parking.
The approved plans total approximately 28,217 square feet and feature a unit mix of sixteen (16) one-bedroom apartments, three (3) two-bedroom apartments, and six (6) studio apartments.
The property is ideally situated at the corner of White Plains Road and East 228th Street, within walking distance of the 225th Street and 233rd Street subway stations, serviced by the 2 and 5 lines.
Property Facts
| Price | $2,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Storefront, Retail or Residential |
| No. Lots | 1 | Total Lot Size | 0.13 AC |
| Property Type | Land | Cross Streets | 228Th |
| Zoning | R6 | ||
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Storefront, Retail or Residential |
| Total Lot Size | 0.13 AC |
| Cross Streets | 228Th |
| Zoning | R6 |
1 Lot Available
Lot 11
| Price | $2,500,000 | Lot Size | 0.13 AC |
| Price Per AC | $19,360,034.69 |
| Price | $2,500,000 |
| Price Per AC | $19,360,034.69 |
| Lot Size | 0.13 AC |
1 1
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (87)
Property Taxes
| Parcel Number | 04831-0011 | Improvements Assessment | $0 |
| Land Assessment | $91,080 | Total Assessment | $91,080 |
Property Taxes
Parcel Number
04831-0011
Land Assessment
$91,080
Improvements Assessment
$0
Total Assessment
$91,080
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4057 White Plains Road - Bronx Development Site
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