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3737 3743 White Plains Road

Volmar Construction Sells Development Site At 3737-3743 White Plains Road In Bronx For $6.2M
SOLDDevelopment Site

Volmar Construction Sells Development Site At 3737-3743 White Plains Road In Bronx For $6.2M

3737 3743 White Plains Road

$6,200,000

$462/SF

Building Size

13,400 SF

Asset Type

Development Site

Closing

Jul 27, 2025

AI

A development site at 3737-3743 White Plains Road in the Bronx sold on 7/28/2025 for $6,200,000. The property comprises 64,520 BSF and 13,400 SF, with PPBSF of $96 and PPSF of $462. The seller was Volmar Construction, and the deal was brokered by Richard Guarino of Friedman-Roth Realty.

Summary of transation details:

  • Property Type: Development Site
  • Transaction Amount: $6,200,000
  • Address: 3737-3743 White Plains Road
  • Market: Bronx
  • Seller: Volmar Construction
  • Broker: Richard Guarino - Friedman-Roth Realty
  • Date: 7/28/2025
  • BSF: 64,520
  • SF: 13,400
  • PPBSF: $96
  • PPSF: $462

Note from the broker acknowledges Anthony Cornicello Esq and Emily Cornicello for their hard work in bringing the deal to a close, highlighting the collaborative effort behind the transaction. The closing involved Volmar Construction as the seller and Richard Guarino of Friedman-Roth Realty serving as the broker representative.

Players

Richard Guarino

Friedman-Roth Realty

Broker

$305.7M

vol

52 deals

Broker
Friedman-Roth Realty
Friedman-Roth RealtyBrokerage

Bronx Development Site Market Snapshot

Boundary boundary · Development Site · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93