Corner Brick Restaurant
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.
Property SizeContact for details
Days on Market77
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
Taxes and HOA fees
Annual Taxes
$16,000
Amenities
Corner Lot
Hot Water Heating
Natural Gas Heating
On Street
Building Details
Year Built
1900
Stories
3
Listing Agency:
COMPASS GREATER NY, LLC
(914) 752-8763
Listed By:
GENO M. GEORGE · License #10301212641
Source:
Corcoran
Added: Jun 5
Changed: Aug 18
Last Checked: Aug 20 at 5:24AM
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.
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
Property Profile
Current Use
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
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
Market
Vacancy Rate% for Multifamily in Northeast region
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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
