Mixed-Use Property with
New
For Sale
$2,300,000
166 Yonkers Avenue, Yonkers, NY 10701
The two-story building combines warehouse and office space with a residential unit and on-site parking.
Property Size12,796 SF
Price / SF$179.74
Days on Market5
Property Features for 166 Yonkers Avenue
General Information
Standard status
Active
Size
12,796 SF
Property subtype
Business
Additional Details
Road Access
Yes
Land Use
warehouse, office, residential
Property Use
Warehouse
Taxes and HOA fees
Annual Taxes
$4,098
Amenities
office space
on-site parking
residential unit
Building Details
Building Size
12,796 SF
Year Built
1930
Stories
2
Listing Agency:
Link NY Realty
Listed By:
Valon Nikci · License #10491202180
(646) 495-9838
Source:
Shawmetro
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:49PM
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 Link NY Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Yonkers property contains a two-story warehouse with office space, a residential unit, and on-site parking. The building dates to 1930 and is located at 166 Yonkers Avenue.
The property is described as having potential for development of up to 42 residential units, subject to municipal approvals. Major roadways, public transportation, shopping, and residential and commercial areas are identified in the surrounding context.
The property is described as having potential for development of up to 42 residential units, subject to municipal approvals. Major roadways, public transportation, shopping, and residential and commercial areas are identified in the surrounding context.
Key Highlights
- Two‑story warehouse with office space
- Includes a residential unit and on‑site parking
- Built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$180,999
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,619,980
$3.6M
Cap Rate 7%
$2,585,700
$2.6M
Cap Rate 9%
$2,011,100
$2.0M
Market Conditions
NOI Build-Up for 12,796 SF
Gross rent
$227.3K $17.76/SF
− Vacancy
−$14.3K −$1.12/SF
EGI
$212.9K $16.64/SF
− OpEx
−$31.9K −$2.50/SF
NOI
$181.0K $14.14/SF
Area
Yonkers, NY
Vacancy
6.30%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,619,980
Cap Rate 7%
$2,585,700
Cap Rate 9%
$2,011,100
Alternative Uses
Best Use
Mixed Use
$3.45M
$3.02M – $4.03M
NOI $241,844 @ 7.0% cap · market cap 10.51%
Second Best
Warehouse
$2.59M
$2.26M – $3.02M
NOI $180,999 @ 7.0% cap · market cap 7.87%
Theoretical Best
Multifamily LT 5
$4.42M
$3.87M – $5.16M
NOI $309,633 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,272
Businesses Nearby
Explore this area
Business Placement
Demographics for 10701, NY
68,704
Population
28,252
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
4.4 sq mi
ZIP Area
15,615
Density / Sq Mi
$63,310
Median Household Income
$42,702
Median Earnings
$1,694
Median Rent
$412,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The two-story building combines warehouse and office space with a residential unit and on-site parking.
Where is this mixed-use property located?
The property is located at 166 Yonkers Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Two‑story warehouse with office space; Includes a residential unit and on‑site parking; Built in 1930
