27 College Pl, Yonkers, NY

Listing agent David Richman Show Phone

Listing office Rakow Commercial Realty Group Show Phone

Listing date Feb 29, 2024

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Rakow Commercial Realty Group

Report an issue

---

Overview

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.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Yonkers

County

Westchester

State

New York

Longitude

-73.8614

Latitude

40.9349

Nearby Similar for Sale

• 

  $2,995,000

  15,470 SF

  Yonkers Commercial Property with Income

  Mixed-use property with multiple spaces and income potential.

  161 Saw Mill River Road, Yonkers, NY 10701

  View Details
• 

  $1,300,000

  Yonkers Auto Body Business Opportunity

  Operating auto body business and real estate for sale.

  439 Nepperhan Avenue, Yonkers, NY 10703

  View Details
• 

  $1,699,000

  One-Story Restaurant Building

  One-story restaurant space with a full finished basement and paved backyard for versatile dining concepts.

  1020 McLean Avenue, Yonkers, NY 10704

  View Details
• 

  $1,295,000

  3,511 SF

  915 Palmer Road; Bronxville, NY 10708

  Four-story, 3,511 SF medical/professional office near transportation and hospital.

  915 Palmer Rd, Unit Bronxville, Bronxville, NY 10708

  View Details
• 

  $1,399,000

  3,700 SF

  Yonkers Two-Family Brick Residence

  Spacious, renovated two-family home in Bryn Mawr, Yonkers.

  185 Bennett Avenue, Yonkers, NY 10701

  View Details
• 

  $1,100,000

  3,316 SF

  Yonkers Multi-Family Home with Lot

  Three-family home with additional lot and ample parking.

  125 Woodland Ave, Yonkers, NY 10703

  View Details
• 

  $999,000

  Three-Unit Multifamily Triplex

  Well-maintained, fully occupied triplex with a duplex-style unit plus two 2-bedroom apartments.

  94 William Street, Yonkers, NY 10701

  View Details
• 

  $3,000,000

  3,498 SF

  Yonkers Multifamily Land Opportunity

  Multifamily land for sale in Yonkers, New York.

  28 Ashburton Avenue, Yonkers, NY 10701

  View Details
• 

  $1,299,999

  Two-Unit Duplex with 5-Car Garage

  Two self-contained units with separate utility meters, covered decks, fenced yard, and a 5-car garage for off-street parking.

  117 Greenvale Avenue, Yonkers, NY 10703

  View Details
• 

  $1,250,000

  Yonkers Multifamily Investment Opportunity

  Three-family property with development potential on oversized lot.

  220 Woodland Avenue, Yonkers, NY 10703

  View Details
• 

  $879,000

  Office Building with Rear Parking

  Well-kept office property with rear parking, updated heating equipment, and a separate-entry basement for added storage flexibility.

  2070 Central Park Avenue, Yonkers, NY 10710

  View Details
• 

  $999,000

  Two-Family Residential Income Property

  Well-maintained two-family home with recent renovations, including separate layouts and multiple levels for flexible living or rental use.

  419 Palmer Road, Yonkers, NY 10701

  View Details

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).