• 100% occupied with $372,000 gross income
• Corner lot 0.1 miles from the (2) and (5) trains
• 4% annual escalations on all commercial leases
• Tenants reimburse 88% of real estate taxes
• All stores have a basement
• All units well maintained and roof recently renovated

Landair Advisors has been exclusively hired to arrange the sale of 3925-33 White Plains Road, a fully leased mixed-use corner property in the Wakefield section of the Bronx.

The 6,258 sq. ft. lot (78.17 x 80) is improved with three recently renovated structures totaling 8,666 sq. ft., comprising five retail storefronts on White Plains Road, a church at 689 E. 223rd Street and two apartments at 691 E. 223rd Street.

The property is 100% occupied and generates $372,000 in gross annual rent, including Papa John's Pizza on a new lease through 2036. All commercial leases carry 4% annual escalations, commercial tenants reimburse 88% of real estate taxes and pay their own water and sewer, and both apartments are leased to CityFHEPS tenants.

The property sits 0.1 miles from the 225th Street (2) and (5) subway station and is served by multiple bus lines along White Plains Road.

Zoned R6/C2-4 with approximately 24,406 buildable sq. ft. under UAP, the property offers escalating in-place cash flow, minimal net tax exposure and long-term upside on a prominent Bronx corner.