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Four-Story Mixed-Use Assemblage
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43 Palisade Avenue, Yonkers, NY 10701

Two walk-up buildings combine residential apartments with ground-floor retail space under BR Restricted Business District zoning.

Property Size16,076 SF
Lot Size0.33 Acres
Price / SF$204.65
Days on Market58

Property Features for 43 Palisade Avenue

General Information

Standard status Active
Size 16,076 SF
Lot size 0.33 Acres
Property subtype Mixed Use, Multifamily, Retail
Zoning BR – Restricted Business District (City of Yonkers)
Investment Type Stabilized
Net Operating Income $218,108

Additional Details

Floor Ground
Public Transit Yes
Multifamily Units 9

Building Details

Buildings 2
Stories 4
Units 9
Tenancy Multi
Listing Agency: Rand Commerical
Listed By: Paul Adler, Esq., SIOR · License #New York 10301202095
Source: Crexi
Added: Jul 6 Changed: Aug 31 Last Checked: Aug 31 at 9:40AM

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 Rand Commerical

Investment Insights

Based on property information with market context.

This mixed-use property consists of two four-story walk-up buildings at 43 and 45 Palisade Avenue in Yonkers. The improvements total approximately 16,076 square feet on a combined site of approximately 0.33 acres. The configuration includes one ground-floor retail or commercial unit, two vacant apartments, and nine residential apartments.

The property is zoned BR – Restricted Business District by the City of Yonkers. The assemblage is located near Downtown Yonkers and the Metro-North Yonkers Station, providing a transit-accessible setting in Westchester County. The two-building layout creates a combined property with both commercial and residential components.

Key Highlights

  • Two four‑story mixed‑use walk‑up buildings totaling approximately 16,076 square feet
  • Combined lot measures approximately 0.33 +/- acres
  • Property includes 1 ground‑floor retail/commercial unit

Property Analytics

Current Use

D&Y Professional Dry ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Acupuncture Veterinary Clinic 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

9
Residential units

Location Intelligence

Trade Area within ½ mile

2,939
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two walk-up buildings combine residential apartments with ground-floor retail space under BR Restricted Business District zoning.
Where is this mixed-use property located?
The property is located at 43 Palisade Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: Two four‑story mixed‑use walk‑up buildings totaling approximately 16,076 square feet; Combined lot measures approximately 0.33 +/- acres; Property includes 1 ground‑floor retail/commercial unit
More about this property
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