Yonkers Commercial Property For
204 Ashburton Ave Yonkers, NY 10701
204 Ashburton Ave, Yonkers, NY, 10701
$1,200,000
For Sale
$1,200,000
One-story, multi-occupant commercial structure in Yonkers, 1,875 square feet.
Property Size1,875 SF
Lot Size0.11 Acres
Price / SF$640
Days on Market135
Property Features for 204 Ashburton Ave
General Information
- Standard status
- Active
- Size
- 1,875 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1945
Listing agency
Keller Williams Realty NYC Group
(646) 355-7946
Listed by
Miguel E. Falcon · License #10401377102
(646) 355-7946
Source
Elliman
Added: Mar 10 Updated: Jul 6 at 10:58AM Checked: Jul 22 at 8:15AM
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 Keller Williams Realty NYC Group
Investment Insights
Based on property information with market context.
Located on Ashburton Avenue in Yonkers, this one-story commercial structure offers 1,875 square feet of space. The multi-occupant building is situated on a highly visible and accessible street. Constructed in 1895, the property retains historic character and is suitable for a variety of business uses, presenting an investment opportunity.
Key Highlights
- Highly visible and accessible location on Ashburton Avenue.
- Versatile 1,875 sq ft multi‑occupant commercial space.
- Located in the heart of Yonkers.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.3k | $30.00 |
| − Vacancy | −$3.9k | −$2.10 |
| EGI | $52.3k | $27.90 |
| − OpEx | −$15.7k | −$8.37 |
| NOI | $36.6k | $19.53 |
1,875 SF · lease $30.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$523.1K
$457.7K – $610.3K
NOI $36,619 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$648.2K
$567.1K – $756.2K
NOI $45,371 @ 7.0% cap · market cap 3.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Jugoterapia Jugoterapia
Physician
Christian Pentecost
Church
Similar For Sale Nearby
Similar Off Market Nearby
- Shelly & Nadia Flower Shop CORP — 239 new main st, yonkers, ny 10701
- Keily's Floristeria — 296 New Main St, Yonkers, NY 10701
- Shelly Flower Shop — 239 New Main St, Yonkers, NY 10701
- Alliss Flower Shop Inc — 47 park hill ave, yonkers, ny 10701
- Alliss Flower Shop & Gift Inc. — 47 Park Hill Ave, Yonkers, NY 10701
FAQs
What type of property is this?
Storefront property - One-story, multi-occupant commercial structure in Yonkers, 1,875 square feet.
Where is this storefront property located?
The property is located at 204 Ashburton Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Highly visible and accessible location on Ashburton Avenue.; Versatile 1,875 sq ft multi‑occupant commercial space.; Located in the heart of Yonkers.
