Property profile

292 Ashburton Ave Yonkers, NY 10701

OFF-MARKET
Gas stations
Property ID
US63-0356656
1,790 SF 0.31 ac lot Built 1965
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving gas station located at 292 Ashburton Ave, Yonkers, NY. The property encompasses a substantial 5,000 square feet of land and offers significant potential for continued growth and profitability. The existing gas station operation is well-established and benefits from a high volume of traffic and a loyal customer base. The property's strategic location in Yonkers ensures consistent customer flow, making it an attractive proposition for both seasoned investors and newcomers to the commercial real estate market. The asking price of $4,800,000 reflects the property's strong performance and future earning potential. This is a turnkey operation, ready for immediate ownership and income generation. The property is situated on a 0-acre lot, providing ample space for the existing operations and potential for future expansion or development. This is a rare opportunity to acquire a well-established and profitable business in a prime location. Serious inquiries only. Financial statements and detailed operational data are available upon request. Don't miss this chance to secure a lucrative investment in a thriving commercial sector. The property is sold as-is.

Property profile

Verified
Property type Gas stations
Use group GAS STATION
Year built 1965
Total area 1,790 SF
Lot 0.31 ac (13,425 SF)
Zoning code M
APN 551800 2.-2065-16
UPID US63-0356656

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gas Station

Location

292 Ashburton Ave Yonkers, NY 10701-6012
Yonkers metro Census 1000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$550k
CAP Approach CAP
by Request
Comparable Approach Comparable
$640k
Blend (final) Blend
$595k

Owner & transaction history

since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A

Zoning & alternative use

M · Yonkers, NY
Zoning description

The purpose of this zone is to accommodate Medium Density Apartment Houses

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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