Office Building with Private
For Sale
$1,075,000
15 Kimball Avenue, Yonkers, NY 10704
A separate-entry lower level and six-space lot support a flexible professional layout.
Property Size2,850 SF
Price / SF$377.19
Days on Market102
Property Features for 15 Kimball Avenue
General Information
Standard status
Active
Size
2,850 SF
Total Parking Spaces
6
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Building Details
Buildings
1
Building Size
2,850 SF
Listing Agency:
Bajraktari Realty Group LLC
Listed By:
Hatema Nezaj · License #10491200403
(718) 365-4310
Source:
Fivecornersproperties
Added: Jul 16
Changed: Oct 22
Last Checked: Oct 22 at 4:01AM
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 Bajraktari Realty Group LLC
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Investment Insights
Based on property information with market context.
This office building offers a main level with a reception area, four private offices, a conference room, and two bathrooms. Hardwood floors and multiple windows are among its interior features. The finished lower level has a separate entrance, four private rooms, and a full bathroom; the property is described as having 2,850 square feet in total. On-site parking accommodates up to six vehicles.
The building is at 15 Kimball Avenue, adjacent to McLean Avenue in Yonkers. The Metro-North station is approximately 1.5 miles away, with the Bronx River Parkway, Interstate 87, and the Saw Mill River Parkway a short drive from the property.
The building is at 15 Kimball Avenue, adjacent to McLean Avenue in Yonkers. The Metro-North station is approximately 1.5 miles away, with the Bronx River Parkway, Interstate 87, and the Saw Mill River Parkway a short drive from the property.
Key Highlights
- 2,850 square feet total, including a finished lower level
- Main level has four private offices, a conference room, and two bathrooms
- Lower level includes four private rooms, a full bathroom, and a separate entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,210
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,200
$644.2K
Cap Rate 7%
$460,143
$460.1K
Cap Rate 9%
$357,889
$357.9K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$59.5K $20.88/SF
− Vacancy
−$16.6K −$5.81/SF
EGI
$42.9K $15.07/SF
− OpEx
−$10.7K −$3.77/SF
NOI
$32.2K $11.30/SF
Area
Yonkers, NY
Vacancy
27.83%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$644,200
Cap Rate 7%
$460,143
Cap Rate 9%
$357,889
Alternative Uses
Best Use
Office B
$460.1K
$402.6K – $536.8K
NOI $32,210 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$985.2K
$862.0K – $1.15M
NOI $68,963 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
Business Placement
Demographics for 10704, NY
32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A separate-entry lower level and six-space lot support a flexible professional layout.
Where is this office building located?
The property is located at 15 Kimball Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 2,850 square feet total, including a finished lower level; Main level has four private offices, a conference room, and two bathrooms; Lower level includes four private rooms, a full bathroom, and a separate entrance
