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33803409
33803410

3682 White Plains Road, New York City, NY 10467

AM
NY NY 10301217659
The Corcoran Group
CS
NY NY 20402327650
The Corcoran Group
Listed by The Corcoran Group
$752,814
8 days on market
Updated 8 days ago

3682 White Plains Road

Details
APN 04663-0012
Property Type Retail
Sub Type QSR/Fast Food, Storefront (+1)
Square Footage 2,156
Units 2
Cap Rate 7.50%
NOI $56,693
Occupancy 100%
Tenancy Multi
Lease Type Modified
Buildings 1
Stories 1
Lot Size (SqFt) 2,473
Zoning R7A, C2-4
Investment Type Stabilized
Ground Lease No

Retail | 7.50% CAP | 2,156 SqFt

Marketing description

The Corcoran Group is pleased to present 3682 White Plains Road, a fully occupied, two-unit commercial retail strip in the Williamsbridge neighborhood of the Bronx. The property features two long-term retail tenants — Elegant Hair Studio and Nail Salon by Lilly — both operating under multi-year leases with scheduled rent escalations. The building generates stable, predictable income with tenants responsible for their own utilities, creating an attractive, low-management investment profile.

Both tenants provide water and real estate tax reimbursements, further insulating the owner from operating cost exposure. With an asking price of $752,814, a net operating income of approximately $56,693, and an in-place cap rate of approximately 7.5%, 3682 White Plains Road represents a compelling opportunity for investors seeking stabilized retail income in a high-foot-traffic corridor along one of the Bronx's most active commercial avenues.

Investment highlights

  • Fully occupied, two-unit commercial retail strip
  • Two long-term retail tenants with multi-year leases
  • Scheduled rent escalations
  • Tenants responsible for their own utilities
  • Low-management investment profile
  • Water and real estate tax reimbursements from both tenants
  • Stabilized retail income in high-foot-traffic corridor

Listing Contacts

AM
NY NY 10301217659
The Corcoran Group
CS
NY NY 20402327650
The Corcoran Group
Listed by The Corcoran Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,693.00
$4,724.42/mo

Valuation Metrics

0
DSCR
7.53%
Cap Rate
7.53%
ROI

Map

Zoning

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R7A ResidentialMulti FamilyGeneral Residence
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Arthur Maglio
License
NY 10301217659
Brokerage
The Corcoran Group
Brokerage Phone
800-544-4055
Title
Licensed Associate Real Estate Broker
Brokerage Address
590 Madison Avenue
Name
Corey Shuster
License
NY 20402327650
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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