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Yorktown Mixed-Use Investment Opportunity
For Sale
$1,349,000

1952 Commerce St, Yorktown Heights, NY 10598

Prime Yorktown location with office, residential, and development potential.

Days on Market99

Property Features for 1952 Commerce St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1920
Listing Agency: Coldwell Banker Residential Brokerage
Listed By: Barry Malawer · License #30MA0949894
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 1:13PM

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 Coldwell Banker Residential Brokerage

Investment Insights

Based on property information with market context.

This property is located in the heart of the Yorktown Business District, offering high visibility, traffic, and access. The property has a potential mix of office space and residential rentals, along with an 18-space parking lot. Renovated in 2019, the building has modern infrastructure while retaining its turn-of-the-century appeal. Standalone signage is available. The property is zoned for mixed-use, including office and residential spaces, with expansion potential. Approved town plans allow for a boutique hotel, with additional potential to develop condominiums or long-term rental units. The property has served as a Century 21 office with foot traffic. The property is located in a car-dependent area and is somewhat bikeable.

Key Highlights

  • Prime location in the heart of the Yorktown Business District with high visibility and traffic.
  • Rare 18‑space parking lot in a central location.
  • Zoned for mixed‑use (office and residential) with significant expansion potential.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Auto Parts Store Parking Lot & Garage Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,264
Businesses Nearby

Demographics for 10598, NY

29,040
Population
10,994
Households
2.6
Avg Household Size
45
Median Age
58%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,148
Density / Sq Mi
$163,040
Median Household Income
$75,367
Median Earnings
$2,286
Median Rent
$591,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Prime Yorktown location with office, residential, and development potential.
Where is this mixed-use property located?
The property is located at 1952 Commerce St Yorktown Heights, NY.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Prime location in the heart of the Yorktown Business District with high visibility and traffic.; Rare 18‑space parking lot in a central location.; Zoned for mixed‑use (office and residential) with significant expansion potential.
More about this property
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