The Reel

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A blog for breaking sales and neighborhood real estate news.

A mixed-use development site at 3555 White Plains Road, located between 212th and 213th Streets in the Williamsbridge neighborhood of the Bronx, was sold in a transaction valued at $1,030,000.

The 11,600 square foot lot offers a maximum of approximately 34,800 buildable square feet with 100 feet of frontage on White Plains Road, and close proximity to the busy Gun Hill Road intersection. The lot is currently zoned R6/C2-2, however City Planning has proposed rezoning this portion of White Plains Rd. to R7A/C1-4.  The site was previously used as a parking lot. The sale price equates to approximately $30.00 per buildable square foot

“This site was sold to a Bronx investor who intends to develop the site into retail,” said Massey Knakal Director of Sales Karl Brumback who exclusively handled this transaction.

Click here for press release

Neighborhoods: Williamsbridge/ Agents: Karl Brumback