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Fully Occupied Yorktown Heights Complex
For Sale
$6,700,000

334 Underhill Avenue, Yorktown Heights, NY 10598

Prime commercial investment opportunity with diverse tenant mix in place.

Property SizeContact for details
Lot Size1.53 Acres
Days on Market157

Property Features for 334 Underhill Avenue

General Information

Standard status Active
Lot size 1.53 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $127,878

Amenities

Central air
Central Air Cooling
Forced Air Heating
Parking Lot

Building Details

Year Built 2003
Listing Agency: ICONIC PROS
Listed By: RUPINDER SINGH · License #10401279799
Source: Corcoran
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 8 at 6:29AM

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 ICONIC PROS

Investment Insights

Based on property information with market context.

This commercial complex in Yorktown Heights presents an investment opportunity. Situated on 1.53 acres, the property features five separate buildings totaling 20 units. The complex is 100% occupied, offering income with leases in place and a diverse tenant mix. The property is home to a blend of professional and service-oriented businesses including a restaurant, medical offices, professional offices, attorneys, accountants, and a mortgage company. These tenants create consistent daily traffic and long-term tenancy stability. Over the past two years, more than $300,000 in renovations and capital improvements have been completed. Recent upgrades include a fully renovated driveway, updated mechanical systems, and a new hot water tank and boiler. The campus offers ample parking and landscaped grounds. The layout is designed to support a variety of professional and medical uses. Located minutes from the Taconic State Parkway, the property provides convenient access for commuters and clients traveling throughout Westchester County. The complex is also within close proximity to the shops, restaurants, and services of downtown Yorktown Heights, as well as nearby residential communities and new mixed-use developments.

Key Highlights

  • 100% Occupied: Immediate income generation with a diverse tenant mix.
  • Prime Location: In the heart of Yorktown Heights, close to amenities and major transportation (Taconic State Parkway).
  • Recent Renovations: Over $300,000 in capital improvements, including driveway, mechanical systems, hot water tank, and boiler.

Property Analytics

Current Use

NewYork-Presbyterian Medical Group ... Pediatrician Dr. Dana Leonardi, ... Physician Dr. Kristy M. ... Physician Jen Wachs, DDS Dental Office Dr. Peter M. ... Pediatrician

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,112
Businesses Nearby
Balanced
Demand for This Use

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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Similar Off Market Nearby

  • Triangle Shopping Center Yorktown Heights, NY 10598
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  • Underhill Plaza 1865 Commerce St, Yorktown Heights, NY 10598
  • Turco's Shopping Center 370 downing dr, yorktown heights, ny 10598

Frequently Asked Questions

What type of property is this?
Shopping center - Prime commercial investment opportunity with diverse tenant mix in place.
Where is this shopping center located?
The property is located at 334 Underhill Avenue Yorktown Heights, NY.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: 100% Occupied: Immediate income generation with a diverse tenant mix.; Prime Location: In the heart of Yorktown Heights, close to amenities and major transportation (Taconic State Parkway).; Recent Renovations: Over $300,000 in capital improvements, including driveway, mechanical systems, hot water tank, and boiler.
More about this property
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