3857 White Plains RdThe Bronx, NY 10467

This exceptional mixed-use property, located at 3857 White Plains Road in the Bronx, New York (zip code 10467), presents a compelling investment opportunity. The building boasts a total of 6,080 square feet across four stories, situated on a 2,467 square foot lot. Currently operating at 100% occupancy with a strong NOI of $81,465, resulting in a 6.03% cap rate, this asset offers immediate cash flow. The asking price is $1,350,000. The property is zoned R-6 and includes a commercial store and six residential units, all three-bedroom apartments. The building features a finished basement, adding to its overall functionality and potential. The current occupancy is expected to continue until September 10, 2024. This is a fantastic owner/user opportunity in a thriving Bronx location, offering a blend of commercial and residential income streams. The property's strong performance metrics and desirable location make it an attractive investment for both seasoned and new investors seeking a stable and profitable asset. This is a rare opportunity to acquire a well-maintained, fully occupied mixed-use building in a high-demand area. Don't miss out on this chance to secure a valuable piece of Bronx real estate.