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Retail Space with Long Leases
For Sale
Contact for pricing
Pending

7 Palisade Ave, Yonkers, NY 10701

Retail tenancy benefits from extended lease terms and annual contractual escalations.

Property SizeContact for details
Days on Market144

Property Features for 7 Palisade Ave

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: ERG Commercial Real Estate
Listed By: Irene UY · License #NY
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 10:30PM

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 ERG Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail property is located in Getty Square at 7 Palisade Ave in Yonkers. The tenancy profile includes retail occupants with long-term leases and annual escalations of 2%.

The property is a five-minute walk from the Metro-North Yonkers station. Residential projects associated with RXR, Avalon Bay, and Extell are located to the east, while a proposed mixed-use and luxury hotel development is one block away on Palisade Ave.

Key Highlights

  • Retail tenants have long‑term leases
  • Annual lease escalations of 2%
  • Five‑minute walk to the Metro‑North Yonkers station

Property Analytics

Current Use

Super 99¢ Discount ... Discount Store Latimer for Westchester Advocacy Group Yonkers Fried Chicken Restaurant

Suggested Use

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

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

2,737
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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail tenancy benefits from extended lease terms and annual contractual escalations.
Where is this retail space located?
The property is located at 7 Palisade Ave Yonkers, NY.
What are key features of this property?
This property features: Retail tenants have long‑term leases; Annual lease escalations of 2%; Five‑minute walk to the Metro‑North Yonkers station
More about this property
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