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    162 Yonkers Ave Yonkers, NY 10701

    Sponsored
    For Sale
    $549,999

    Prime Retail Space, Ample Parking, High Visibility.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,000 square foot retail property, situated on a 0.09-acre lot at 162 Yonkers Avenue in Yonkers, New York, presents a remarkable investment opportunity. Priced at $549,999, this versatile space is ideally suited for a wide range of businesses. Its prime location ensures high visibility and accessibility, with convenient proximity to major highways, guaranteeing significant foot and vehicle traffic. The property boasts ample parking, accommodating 4-6 vehicles, a crucial asset for many commercial enterprises. Potential uses are numerous and include, but are not limited to, retail stores, automotive-related businesses (mechanics, parts suppliers, tire shops), barbershops, insurance offices, or commercial vehicle storage/warehousing. The building is equipped with cooling, heating, and lighting utilities. Interested parties are strongly advised to independently verify all property details and specifications through a review of public records. This is a rare chance to acquire a thriving commercial space in a highly desirable location

    Property Features for 162 Yonkers Ave

    General Information

    Property type
    Retail properties
    Square Feet
    4,000 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Gale Electrical Electrician Yonkers Rims and Tires Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester County
    State
    New York
    Longitude
    -73.88287
    Latitude
    40.9352

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Ample Parking, High Visibility.
    Where is this retail property located?
    The property is located at 162 Yonkers Ave Yonkers, NY.
    What is the asking price?
    The asking price for this property is $549,999.
    (914) 772-7330
    Request Owner's contact information
    162 Yonkers Ave Yonkers, NY 10701
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    Yonkers, NY 10701
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    Realmo Value Estimation

    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.

    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.

    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
    162 Yonkers Ave Yonkers, NY 10701
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