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    27 College Pl Yonkers, NY 10704

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    For Sale
    Contact for pricing

    6,600 SF building with stable tenancy and on-site parking.

    Property size:
    6,600 SF
    Lot size:
    0.12 Acres

    Property Features for 27 College Pl

    General Information

    Size
    6,600 SF
    Lot size
    0.12 Acres

    Source: Rakow Commercial Realty Group Agent David Richman

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

    Overview

    Fully Occupied Investment Opportunity

    This is a fully occupied building with approximately 6,600 square feet, presenting an investment opportunity. The current net operating income is approximately $169,691, with all leases increasing by 4% annually. The current property owner occupies the majority of the building and is under lease through August 31, 2027. The property features stable tenancy. The current property owner has been in business for approximately 30 years with a thriving business. The property is well maintained and includes on-site parking. It is conveniently located close to the NYS Thruway, Cross County Parkway, Hutchinson River Parkway, Sprain Brook Parkway, Bronx River Parkway, and Central Avenue. The location is also close to shopping areas such as Cross County Shopping Center and Ridge Hill, as well as dining and banking facilities.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8614359
    Latitude
    40.9348971

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    FAQs

    What type of property is this?
    Office building - 6,600 SF building with stable tenancy and on-site parking.
    Where is this office building located?
    The property is located at 27 College Pl Yonkers, NY.
    What are key features of this property?
    This property features: - Incredible stable tenancy: Current property owner has been in business for +/- 30 years.; - Current NOI of +/- $169,691 with all leases increasing by 4% annually.; - Perfect investment opportunity with a fully occupied building (+/- 6,600 SF).
    (914) 438-3455
    Request Owner's contact information
    27 College Pl Yonkers, NY 10704
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    Yonkers, NY 10704
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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
    27 College Pl Yonkers, NY 10704
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