Come see this corner lot Mixed-Use investment property in Yonkers with 14 Apartments and 1 Retail Storefront. The (15) Total Units consist of: 8 (2 Bed) 850 sq ft 6 (1 Bed) 550 sq ft 1 (Retail Store on ground level) It's a nice brick building on the outside. Small lobby, 5-story walk-up, no elevator. New 50 Year Roof, New (Gas & Oil) Boiler, (2) New HW Heaters. Store Rented (Not Renovated) 7 Renovated (4 Rented, 3 Vacant) 2 UnRenovated (1 Rented, 1 Vacant) 5 Under Construction (5 Vacant) The legally DHCR verified allowable rent for 2024 is $27,888 a month + $12,000 for store = $346,656 year. Separate Utilities (Gas & Electric) for each apartment. The owner pays for heat, hot water, water & waste removal. Please review the attached P&L. ASKING PRICE = $2,890,000
Rare opportunity awaits you here in Yonkers, NY! Here we have a well kept brick mix-use building with so much upside potential! This mix-use consists of 4 residential apartments with 2 bedrooms each and 3 store fronts. All units are in well kept condition and long time tenants that have been on good standing with no leases but are month to month. The location of this property is incredible, only 30 min from Manhattan, close to all major highways, shopping centers, schools, and more! This property is ready for the perfect investor to earn passive income.
CALLING INVESTORS - Great opportunity to own this money-generated property. This money-producing property features 3-stores, 1-warehouse. The sales come with the Laundromat business which has 70 washers and 70 dryers. Auto repair currently has a 10-years lease with a $100 increment per year at a current rent of $3,500 per month. Minimart currently has a 10-years lease with a $100 increment per year at a current rent of $4,000 per month. The warehouse is vacant with a project rental income of $4,000 per month. Above is office space with a $3,000 projected rent. This huge lot has 30+ parking spaces. At the corner of Bright Place with the traffic light. Near St Joseph's Hospital, A half mile south of City Hall.
ATTENTION DEVELOPERS! Offered for sale as a whole on BUSY McLean Avenue in Yonkers are 4 adjacent lots totaling approximately 14,000 square feet with an existing one-story taxpayer in grandfathered non-conforming use as a retail store. A former single-family home is attached and in use by the commercial occupants as additional storage. Entire property is zoned "A" for Hi-Density residential. Continued commercial use possible if similar to existing grandfathered use or by zoning board approval. Call for more details.
BRAND NEW FURNACE! Wonderful opportunity to own this Multi-Use building in the heart of South West Yonkers, on McLean Avenue! This newly listed building is situated in the perfect spot to showcase your new storefront and live in the beautifully renovated one bedroom apartment above OR have an immediate rental property to off-set taxes and start up/business costs. With plenty of traffic, road side exposure, neighboring public transportation and main highways, there is an abundance of free advertising to the near-by Communities that are filling the Shopping Centers, Unique Shops and local Schools.This is the perfect opportunity to grow your business and have a lucrative investment as well. 1st Floor features 800 SqFt of open office space with a back office and powder room, Street Level Landing/Front Receptionist or Store, Front and Side Entrances. 2nd floor is a tastefully renovated, Freshly Painted one bedroom apartment with separate entrance. Lower Level offers an additional 800 SqFt dry storage. Accessible from the 1st Floor with 2 access stairs. Roof was completely redone, including Sheathing and Plywood, in 2012. Plenty of Street Parking in front, Ready for immediate occupancy. The possibilities are endless! Make your appointment today!
The median home value in Yonkers, NY is $494,700. This is lower than the county median home value of $630,700. The national median home value is $219,700. The average price of homes sold in Yonkers, NY is $494,700. Approximately 42.71% of Yonkers homes are owned, compared to 47.53% rented, while 9.76% are vacant. Yonkers real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Yonkers real estate agent to arrange a tour today!
Yonkers, New York 10705 has a population of 200,999. Yonkers 10705 is less family-centric than the surrounding county with 30.78% of the households containing married families with children. The county average for households married with children is 35.41%.
The median household income in Yonkers, New York 10705 is $62,399. The median household income for the surrounding county is $89,968 compared to the national median of $57,652. The median age of people living in Yonkers 10705 is 38.8 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 23.4 degrees. The average rainfall is approximately 48.5 inches per year, with 30.4 inches of snow per year.