Back to all insights IPRG ANNOUNCES $2,200,000 SALE OF 4057 WHITE PLAINS ROAD IN WAKEFIELD, BRONX
NEW YORK, NY – October 9th, 2026 – Investment Property Realty Group (IPRG), a leading New York-based commercial investment firm, has successfully closed the sale of 4057 White Plains Road, a development site located in the Wakefield section of the Bronx, for $2,200,000.
The transaction was negotiated by Jared Friedman, who represented both the seller and buyer.
The property is a vacant corner development site located at the intersection of White Plains Road and East 228th Street. Situated on a 56.25-foot-wide lot, the site offers approximately 16,875 buildable square feet. The transaction closed at approximately $130 per buildable square foot.
Located near the 2 and 5 subway lines, the property offers convenient access to public transportation and presents an opportunity for future development in the well-connected Bronx neighborhood. Wakefield neighborhood.
Founded in 2016, IPRG (Investment Property Realty Group) is a broker-owned commercial real estate brokerage specializing in investment sales, retail leasing, and property management across New York City and New Jersey. The firm focuses on the sale of multifamily properties, mixed use buildings, development sites, retail assets, and other commercial investment properties. Since its founding, IPRG has completed more than $4 billion in commercial real estate transactions, making it one of the most active investment sales firms in the New York metropolitan area. Through its market expertise, data driven approach, and collaborative platform, IPRG helps investors, developers, property owners, and institutions maximize the value of their commercial real estate assets. For more information, visit www.iprg.com.