Multi-Tenant Retail For Sale

$10,500,000

4225 White Plains Road, Bronx, NY 10466

For Sale

Retail

Active

Last Updated: 09/10/2026

Details:

Cap Rate: 6.25%

NOI: $656,825

Building Size: 8,850 sqft

Lot Area: 0.21 acres

Occupancy: 100%

Year Built: 1929

Zoning: R6, C1-2

Offered by

Justin Tan

Marketing Manager

Kassin Sabbagh Realty

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Ohad Babo

Director

Kassin Sabbagh Realty

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Highlights:

114 Feet of Retail Frontage on White Plains Road - One Block from the Subway
Property has a Full Basement, which has 15-foot Ceilings
18,595 SF of Additional Buildable Square Footage
100% occupancy
Minimal owner responsibility

Description:

Kassin Sabbagh Realty is pleased to present the exclusive opportunity to acquire the fee simple interest in the two-tenant building located at 4225 White Plains Road in the Bronx, New York. The two-tenant building, fully leased to Planet Fitness and MPJ Barbershop, totals 8,850 square feet. Planet Fitness signed a rare 15-year lease, demonstrating its commitment to the site and the market. Planet Fitness has 14+ years remaining on its lease with three (3), 5-year renewal options. MPJ Barbershop has 8+ years remaining on its lease. Both tenants have modified net leases that provide attractive rent increases throughout the primary lease terms and renewal options.