Investment Overview
REO Sale on behalf of the NYC Tax Lien trust. 4636-4638 White Plains Road consists of a single lot improved by a 3-story brick building. Building consists of 2 retail stores and 4 residential units. Existing building is 7883 SF as per city records. At time of listing the retail Stores appear vacant. The site is adjacent to a 255-unit mixed-use new development. Property is located in R7D / C2-4 with Mandatory Inclusionary Housing (MIH). FAR for the 4388 lot is 5.6 allowing ~ 24573 Buildable feet. Property is sold as-is and all cash. Sold subject to all violation of record. Sold subject to tenancy. Sold free and clear of all monetary liens. BBL: 2-05087-0055.
Investment Highlights
- REO Sale
- BBL: 2-05087-0055.
- Sold all cash and as-is
- 4388 SF Lot
- 7883 SF Buildable.
- R7D. C2-4 in MIH
- ~ 24573 Buildable SF as-of-right