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    50 Palisade Ave Yonkers, NY 10701

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    For Sale
    $7,800,000

    1.13+/- acre development site in Downtown Yonkers.

    Property size:
    20,496 SF
    Lot size:
    0.81 Acres

    Property Features for 50 Palisade Ave

    General Information

    Size
    20,496 SF
    Lot size
    0.81 Acres

    Source: Rand Commercial - Westchester County Agent Paul Adler, Esq.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Yonkers Development Site For Sale

    Located in Downtown Yonkers, this 1.13+/- acre property is positioned across the street from the Chicken Island project. The site is situated on a signalized corner within a DM-X zone. Currently, the property is used as an ambulette headquarters and features four overhead doors. This location is suitable for development. Phase 2 information is available upon request. The property is being sold "as is".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    State
    New York
    Longitude
    -73.8943648
    Latitude
    40.9347944

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    FAQs

    What type of property is this?
    Commercial land - 1.13+/- acre development site in Downtown Yonkers.
    Where is this commercial land located?
    The property is located at 50 Palisade Ave Yonkers, NY.
    What is the asking price?
    The asking price for this property is $7,800,000.
    What are key features of this property?
    This property features: - Prime development opportunity in growing Yonkers, NY.; - Located across from the new Chicken Island project.; - **1.13+\/- acre site on a busy Downtown Yonkers location.**
    (914) 946-8000
    Request Owner's contact information
    50 Palisade Ave 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
    50 Palisade Ave Yonkers, NY 10701
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