1476 White Plains Road,Bronx, NY 10462
Bronx, NY 10462
Description
Rare corner mixed-use investment property located in the heart of a busy Bronx commercial corridor. Situated on highly visible White Plains Road, this street-front corner building benefits from heavy vehicle and pedestrian traffic, dense surrounding residential population, and strong neighborhood demand. This 2-story mixed-use building sits on an approximately 45 x 90 lot and offers approximately 7,300 SF of usable space, with potential maximum buildable area of approximately 12,285 SF under R6 / C1-2 zoning, subject to architect review and government approvals. The property features 9 income sources, including 5 retail stores, 2 offices, and 2 residential units. The five retail stores are long-established businesses, with some operating for over 30 years, providing stable rental income. Current annual rental income is close to $290,000, with potential annual income estimated at approximately $350,000+ with future rent adjustments. Prime location near subway and bus transportation, including nearby 6 train / Q44 bus access, and approximately 15 minutes by car to Downtown Flushing / Main Street. Excellent opportunity for investors seeking a high-exposure corner asset with stable cash flow, diversified income, long-term holding value, and future upside potential.
Details
| MLS # | 1049754 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 55 |
| Listing Provided By | Chase Global Realty Corp | Sam Zheng |
Features
| SQ Feet | 7,300 |
|---|---|
| Zoning | R6 |
| Acreage | 0.09 |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Heating | Baseboard |
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Annual Amount | 38223 |
Area Information
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| Listing VS Median (in 10462) | |
Price: $3,280,000 low | high Med: $289,000 sqft: 7,300 low | high Med: 800 $ / sqft: $449 low | high Med: $361 On site: 55 low | high Med: 667 | |
Market Activity 10462
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Learn More About This Property
| State | NY |
|---|---|
| County | Bronx County |
| City | Bronx |
| Zip Code | 10462 |
| Listing VS Median (in 10462) | |
Price: $3,280,000 low | high Med: $289,000 sqft: 7,300 low | high Med: 800 $ / sqft: $449 low | high Med: $361 On site: 55 low | high Med: 667 | |