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Yonkers Mixed-Use Investment Opportunity
For Sale
$1,090,000

356 Riverdale Ave, Yonkers, NY 10705

Mixed-use property with residential and commercial units in Yonkers.

Days on Market99

Property Features for 356 Riverdale Ave

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: ERA Insite Realty Services
Listed By: Zuleika Taveras
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 12:15PM

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 ERA Insite Realty Services

Investment Insights

Based on property information with market context.

This mixed-use investment property is located in Yonkers, NY, and features a total of four units. The property includes two residential apartments and two commercial units suitable for professional offices or retail use. The residential units offer rental income, while the commercial spaces provide flexibility for a range of uses including medical, legal, service-oriented offices, or neighborhood retail. The diverse unit mix creates multiple income streams. The property is situated near major thoroughfares, public transportation, and local amenities, providing visibility and accessibility. The location has a walk score of 87, indicating it is very walkable, a transit score of 69, indicating good transit options, and a bike score of 52, indicating it is bikeable. This property offers cash flow potential, mixed-use flexibility, and upside in a high-demand market.

Key Highlights

  • Excellent location with HIGH WALKABILITY (87), good transit (69), and bikeable score (52), near major thoroughfares, public transportation, and local amenities.
  • Mixed‑use property with two residential apartments and two commercial units, OFFERING DIVERSE INCOME STREAMS and reduced vacancy risk.
  • Versatile commercial units suitable for professional offices or retail use (medical, legal, service‑oriented offices, or neighborhood retail).

Property Analytics

Current Use

Mendy barbershop Barber Shop Gifted solutions & more ... Clothing Store

Suggested Use

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

1,624
Businesses Nearby

Demographics for 10705, NY

41,785
Population
15,620
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
2.2 sq mi
ZIP Area
18,993
Density / Sq Mi
$68,616
Median Household Income
$40,717
Median Earnings
$1,602
Median Rent
$445,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial units in Yonkers.
Where is this mixed-use property located?
The property is located at 356 Riverdale Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Excellent location with HIGH WALKABILITY (87), good transit (69), and bikeable score (52), near major thoroughfares, public transportation, and local amenities.; Mixed‑use property with two residential apartments and two commercial units, OFFERING DIVERSE INCOME STREAMS and reduced vacancy risk.; Versatile commercial units suitable for professional offices or retail use (medical, legal, service‑oriented offices, or neighborhood retail).
More about this property
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