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Corner Brick Restaurant Building
For Sale
$1,150,000

23 Park Hill Avenue, Yonkers, NY 10701

Turnkey pizzeria setup with brand-new systems and two newly renovated upstairs apartments.

Days on Market57

Property Features for 23 Park Hill Avenue

General Information

Standard status Active
Property subtype Commercial

Additional Details

Business Included Yes
Sprinkler System Yes
Multifamily Units 2

Building Details

Year Built 1900
Stories 3
Listing Agency: COMPASS GREATER NY, LLC
Listed By: GENO M. GEORGE
Source: Corcoran
Added: Jun 5 Changed: Jul 10 Last Checked: Jul 30 at 9:37AM

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 COMPASS GREATER NY, LLC

Investment Insights

Based on property information with market context.

This brand-new renovated corner brick building is set up for an owner-operator or an investor looking for multiple income options. The first floor is a fully furnished pizzeria, ready for a new owner to run the business, and includes a wood-fired oven as part of the newly installed equipment package. Improvements include complete new electric and plumbing, brand-new kitchens and bathrooms, and new fire suppression system work, along with a new chimney to the roof.

The property is located at 23 Park Hill Avenue in Yonkers, NY. As a corner building, it presents a distinct presence and straightforward access to a ground-floor restaurant space, with additional residential units above.

The second floor offers a fully renovated two-bedroom apartment, and the third floor provides another fully renovated two-bedroom apartment. This layout allows flexible ownership scenarios, including renting all units or occupying the pizzeria while generating rental income from the upstairs apartments. Everything described is newly renovated, giving the next owner a clean, turn-key path to operate the restaurant and manage the residential components.

Key Highlights

  • Corner brick building with brand‑new renovations throughout, including new electric and new plumbing
  • First floor built for a pizzeria business, including a fully furnished/stocked, ready‑to‑operate setup
  • New fire suppression system and new chimney to the roof

Property Analytics

Current Use

LA ESQUINA DEL ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Garden Center

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

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

2,979
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Similar Off Market Nearby

  • Hoffmaster LLC — 16 s broadway suite 760, yonkers, ny 10701

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Turnkey pizzeria setup with brand-new systems and two newly renovated upstairs apartments.
Where is this conventional restaurant located?
The property is located at 23 Park Hill Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Corner brick building with brand‑new renovations throughout, including new electric and new plumbing; First floor built for a pizzeria business, including a fully furnished/stocked, ready‑to‑operate setup; New fire suppression system and new chimney to the roof
More about this property
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