86 Cornell Ave Yonkers, NY 10705
Mixed-use property with commercial spaces, residential units, and parking.
Lot size:
0.30 AcresProperty Features for 86 Cornell Ave
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.30 Acres
Building Details
- Year built
- 1965
Source:
Elliman
Listing Agent: Marina Suh
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Investment Opportunity in Yonkers
This mixed-use investment opportunity includes three tax lots sold as a package, featuring two mixed-use buildings and a large adjacent gated parking lot. Located at 86 McLean Avenue, 2 Cornell Avenue, and 6 Cornell Avenue in Yonkers, NY, the property totals 6,360 square feet on 0.30 acres. The parking lot accommodates approximately 30 vehicles and is secured with a fence and security system. The property includes four commercial spaces and two residential apartments: a one-bedroom unit with a small office and a two-bedroom unit. Both residential units are modern and updated, and currently owner-occupied. Three long-term tenants occupy the property, including an auto repair shop and a laundromat, which has a formal lease. Other tenants operate month-to-month, offering flexibility for lease renegotiation or renewal. All tenants are reliable and pay rent on time. One commercial space is vacant and suitable for various businesses, such as a hair or nail salon, cafe, office, or other neighborhood enterprise. Situated in a high-traffic, established area with residential buildings, single-family homes, and commercial businesses, the property is well-maintained. There are no violations, open permits, or unpaid taxes.
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8903508
- Latitude
- 40.9162604
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial spaces, residential units, and parking.
Where is this mixed-use property located?
The property is located at 86 Cornell Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: - Rare mixed-use investment opportunity with 3 tax lots sold as a package.; - Benefit from a large, gated parking lot that accommodates approximately 30 vehicles, secured with a high-quality fence and security system.; - Includes 4 commercial spaces and **2 updated residential apartments (1-bedroom with office, 2-bedroom)**.
