Single-Story Retail
For Sale
Contact for pricing
2475 Central Park Avenue, Yonkers, NY 10710
Multiple parking spaces are included, with permitted uses subject to municipal approval.
Property Size10,454 SF
Price / SF$0.38
Days on Market26
Property Features for 2475 Central Park Avenue
General Information
Standard status
Active
Size
10,454 SF
Property subtype
Other
Building Details
Stories
1
Listing Agency:
Neil Charles Real Estate
Listed By:
Ann Stettner · License #10401201931
(917) 660-3266
Source:
Neilcharlesrealestate
Added: Oct 5
Changed: Oct 30
Last Checked: Oct 30 at 2:05AM
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 Neil Charles Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story retail space is located at 2475 Central Park Avenue in Yonkers. The property includes multiple parking spaces, and any intended use requires the tenant’s own review of applicable municipal approvals.
Key Highlights
- Single‑story retail space at 2475 Central Park Avenue in Yonkers
- Multiple parking spaces included
- Permitted uses and required approvals are subject to municipal review
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$204,167
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,083,340
$4.1M
Cap Rate 7%
$2,916,671
$2.9M
Cap Rate 9%
$2,268,522
$2.3M
Market Conditions
NOI Build-Up for 10,454 SF
Gross rent
$313.6K $30.00/SF
− Vacancy
−$22.0K −$2.10/SF
EGI
$291.7K $27.90/SF
− OpEx
−$87.5K −$8.37/SF
NOI
$204.2K $19.53/SF
Area
Yonkers, NY
Vacancy
7.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,083,340
Cap Rate 7%
$2,916,671
Cap Rate 9%
$2,268,522
Alternative Uses
Best Use
Retail
$2.92M
$2.55M – $3.40M
NOI $204,167 @ 7.0% cap · market cap 5,104.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.61M
$3.16M – $4.22M
NOI $252,962 @ 7.0% cap · market cap 6,324.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
441k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Apparel 30%
Home Improvements & Furnishings 13%
Dining 12%
Kohl's
Apparel
77,519 visits/mo
0.3 miles
Five Below
Shops & Services
48,993 visits/mo
0.4 miles
Homesense
Home Improvements & Furnishings
45,288 visits/mo
0.3 miles
Best Buy
Electronics
44,022 visits/mo
0.2 miles
McDonald's
Dining
26,215 visits/mo
0.2 miles
Demographics for 10710, NY
26,725
Population
10,107
Households
2.6
Avg Household Size
46
Median Age
44%
College-Educated
91%
High-School Grad
4.6 sq mi
ZIP Area
5,810
Density / Sq Mi
$100,783
Median Household Income
$58,949
Median Earnings
$1,797
Median Rent
$534,000
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Multiple parking spaces are included, with permitted uses subject to municipal approval.
Where is this retail space located?
The property is located at 2475 Central Park Avenue Yonkers, NY.
What are key features of this property?
This property features: Single‑story retail space at 2475 Central Park Avenue in Yonkers; Multiple parking spaces included; Permitted uses and required approvals are subject to municipal review
