Historic Mixed-Use Loft
2 Mill Street Yonkers, NY 10701
2 Mill Street, Yonkers, NY, 10701
$7,700,000
For Sale
$7,700,000
Two historic loft conversions with ground-floor commercial and tenant-forward residential amenities, offering strong income upside.
Days on Market49
Property Features for 2 Mill Street
General Information
- Standard status
- Active
- Property subtype
- Mixed-Use
Listing Agency
Lee & Associates - New York
(201) 615-8557
Listed by
Chris Varjan · License #10401285671
(201) 615-8557
Source
Lee-associates
Added: Jun 2 Updated: Jul 10 at 1:47 pm Checked: Jul 20 at 3:30 am
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 Lee & Associates - New York
Investment Insights
Based on property information with market context.
Lee & Associates NYC is pleased to offer, exclusively for sale, a mixed-use loft portfolio featuring two buildings at 2 Mill Street and 12-14 North Broadway in Yonkers, NY. SOYO Lofts is housed in a historic structure dating to about 1914 and now provides 25 residential lofts alongside ground-floor commercial space. The loft conversion highlights high ceilings, large windows, in-unit laundry, and tenant-controlled HVAC, with shared resident amenities including a lounge, conference area, and fitness room.
Mercantile Lofts at 12-14 North Broadway is a mixed-use loft conversion of a former commercial building originally built around 1965, with approximately eight residential loft units above a ground-floor commercial component. The portfolio also includes 16 vacant storage units within a basement portion, and presents an opportunity for rent growth through a voucher lease-up strategy. From a transportation standpoint, the property is about three blocks to Metro North and is under 30 minutes to Grand Central.
This offering is well suited to buyers seeking a mixed-use income stream combining residential lofts with active ground-floor commercial space, along with operational levers tied to storage revenues and voucher-based leasing. The portfolio may be sold together with the associated 12-14 North Broadway property as part of the same opportunity.
Mercantile Lofts at 12-14 North Broadway is a mixed-use loft conversion of a former commercial building originally built around 1965, with approximately eight residential loft units above a ground-floor commercial component. The portfolio also includes 16 vacant storage units within a basement portion, and presents an opportunity for rent growth through a voucher lease-up strategy. From a transportation standpoint, the property is about three blocks to Metro North and is under 30 minutes to Grand Central.
This offering is well suited to buyers seeking a mixed-use income stream combining residential lofts with active ground-floor commercial space, along with operational levers tied to storage revenues and voucher-based leasing. The portfolio may be sold together with the associated 12-14 North Broadway property as part of the same opportunity.
Key Highlights
- Two mixed‑use loft buildings in Yonkers: 2 Mill Street and 12–14 North Broadway (historic Statesman and McCann buildings)
- SOYO Lofts: 25 residential lofts plus ground‑floor commercial space in a structure dating to about 1914
- Mercantile Lofts: mixed‑use loft conversion originally built around 1965, with approximately eight residential loft units over ground‑floor commercial
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SOYO Lofts
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two historic loft conversions with ground-floor commercial and tenant-forward residential amenities, offering strong income upside.
Where is this mixed-use property located?
The property is located at 2 Mill Street Yonkers, NY.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Two mixed‑use loft buildings in Yonkers: 2 Mill Street and 12–14 North Broadway (historic Statesman and McCann buildings); SOYO Lofts: 25 residential lofts plus ground‑floor commercial space in a structure dating to about 1914; Mercantile Lofts: mixed‑use loft conversion originally built around 1965, with approximately eight residential loft units over ground‑floor commercial
