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Yonkers Redevelopment Opportunity Zone Land

9 Ashburton Place Yonkers, NY 10701

9 Ashburton Place, Yonkers, NY, 10701
$2,500,000
For Sale
$2,500,000

Prime redevelopment site in Yonkers' Qualified Opportunity Zone.

Lot Size0.24 Acres
Days on Market787

Property Features for 9 Ashburton Place

General Information

Standard status
Active
Lot size
0.24 Acres
Property subtype
Land or Vacant Lot

Building Details

Year Built
1916
Listing agency EXP REALTY
Listed by LUIS A. MORALES JR
Source Corcoran
Added: May 26, 2024 Updated: Jul 6 at 10:11AM Checked: Jul 21 at 5:41AM

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 EXP REALTY


Investment Insights

Based on property information with market context.

This property features a 106' x 100' tract of land located in an "A" District MX S-100 Federal Qualified Opportunity Zone. It permits 31,362 square feet buildable as-of-right multifamily apartment building. The property supports various other uses including community residential facilities, churches, healthcare buildings, daycares, nursing homes, semipublic parking structures, radio and TV antennas, among other uses and with special use requirements, satellite antennas. Purchased in 1968 from Messiah Baptist Church, the property currently hosts historic Saint Paul Church of GOD In Christ (COGIC), established in 1941. The property is located in Yonkers, which is undergoing transformation, notably with Lionsgate Studios’ new downtown 1,000 sq. ft. complex. This site is a prime redevelopment opportunity.

Key Highlights

  • Large 106’ x 100’ lot in an Opportunity Zone.
  • Permits 31,362 sq. ft. as‑of‑right multifamily apartment building.
  • Supports various other uses including community residential facilities, churches, healthcare buildings, daycares, and nursing homes.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

St Paul Church ... Church

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic Acupuncture Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Gym & Fitness Center Garden Center

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

FAQs

What type of property is this?
Commercial land - Prime redevelopment site in Yonkers' Qualified Opportunity Zone.
Where is this commercial land located?
The property is located at 9 Ashburton Place Yonkers, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Large 106’ x 100’ lot in an Opportunity Zone.; Permits 31,362 sq. ft. as‑of‑right multifamily apartment building.; Supports various other uses including community residential facilities, churches, healthcare buildings, daycares, and nursing homes.
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