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    Flexible Office Space in Mixed-Use Building Title is generated by Realmo AI

    86 McLean Avenue, Yonkers, NY 10705

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    New
    For Lease
    $3,000 /Mo

    COMMERCIAL - Yonkers, NY

    Lot size:
    0.05 Acres
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 2:06 pm

    Property Features for 86 McLean Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    A
    Standard status
    Active
    APN
    1800-001-000-00111-000-0008
    Lot size
    0.05 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2318

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Electric, Window Unit(s), Ductless, Multi Units
    Water source
    Public

    Building Details

    Year built
    1961
    Building materials
    Brick

    We can help!

    Listing Contact
    Marina Suh

    Listing agent Marina Suh License #10401315312

    Listing office Keller Williams Realty Group 760 White Plains Rd, Scarsdale, NY

    Listing date Jun 1, 2026

    MLS# 1007527

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Spacious office space for lease in a well‑maintained mixed‑use building at 86 McLean Avenue, Yonkers
    • Flexible two‑section layout with a private restroom and storage area
    • Building secured with fencing and a security system
    • Utilities include public water (water included in rent); unit has its own electric meter
    • Optional gated parking available for an additional fee
    • Previous uses include medical, beauty, insurance, and general office operations

    Overview

    Clean, spacious office space is available for lease within a well-maintained mixed-use building at 86 McLean Avenue. The unit offers a flexible two-section layout designed to accommodate a range of office configurations, along with a private restroom and a dedicated storage area. The property has a secured setup with fencing and a security system. Water is included in the rent, and the space has its own electric meter for tenant-controlled power.

    The building is occupied by long-standing local businesses and presents a strong community presence. The offering benefits from consistent foot and vehicle traffic and excellent visibility, supporting day-to-day customer access and staff convenience. Optional gated parking is available for an additional fee.

    This space is well suited to professional tenants looking for an adaptable office layout and self-contained utility metering. Given the unit’s history of medical, beauty, insurance, and general office use, it can be a practical fit for teams that value a private restroom, on-site storage, and a secure, street-visible environment. The building’s established tenant base provides a stable commercial setting for ongoing operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    86 Mclean EZ ... (Bike/Boat/Book/etc) Store Capin Auto Repairs Auto Repair Shop

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8927683
    Latitude
    40.9183504

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    FAQs

    What type of property is this?
    Office units - Lease a clean, flexible office with private restroom and storage in a well-maintained mixed-use setting.
    Where is this office units located?
    The property is located at 86 McLean Avenue Yonkers, NY.
    What is the lease rate?
    The lease rate is $3,000 /Mo.
    What are key features of this property?
    This property features: Spacious office space for lease in a well‑maintained mixed‑use building at 86 McLean Avenue, Yonkers; Flexible two‑section layout with a private restroom and storage area; Building secured with fencing and a security system
    (914) 830-2087
    We can help!
    Listing Contact
    Marina Suh
    Real Estate License ID: 10401315312
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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