Mixed-Use Property with
For Sale
Contact for pricing
855 Yonkers Avenue, Yonkers, NY 10704
The property is near a shopping center and public transportation.
Property Size13,000 SF
Price / SF$0.35
Days on Market36
Property Features for 855 Yonkers Avenue
General Information
Standard status
Active
Size
13,000 SF
Property subtype
Mixed Use
Building Details
Year Built
1975
Listing Agency:
Neil Charles Real Estate
Listed By:
Ann Stettner · License #10401201931
(917) 660-3266
Source:
Neilcharlesrealestate
Added: Sep 25
Changed: Oct 30
Last Checked: Oct 30 at 1:59AM
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
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Investment Insights
Based on property information with market context.
This mixed-use property at 855 Yonkers Avenue in Yonkers was built in 1975. Parking is available for the property.
A shopping center and public transportation are nearby.
A shopping center and public transportation are nearby.
Key Highlights
- Built in 1975
- Near a shopping center and public transportation
- Parking available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$245,700
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,914,000
$4.9M
Cap Rate 7%
$3,510,000
$3.5M
Cap Rate 9%
$2,730,000
$2.7M
Market Conditions
NOI Build-Up for 13,000 SF
Gross rent
$436.8K $33.60/SF
− Vacancy
−$43.7K −$3.36/SF
EGI
$393.1K $30.24/SF
− OpEx
−$147.4K −$11.34/SF
NOI
$245.7K $18.90/SF
Area
Yonkers, NY
Vacancy
10.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,914,000
Cap Rate 7%
$3,510,000
Cap Rate 9%
$2,730,000
Alternative Uses
Best Use
Mixed Use
$3.51M
$3.07M – $4.10M
NOI $245,700 @ 7.0% cap · market cap 5,460.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$4.49M
$3.93M – $5.24M
NOI $314,570 @ 7.0% cap · market cap 6,990.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,431
Businesses Nearby
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Business Placement
Demographics for 10704, NY
32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property is near a shopping center and public transportation.
Where is this mixed-use property located?
The property is located at 855 Yonkers Avenue Yonkers, NY.
What are key features of this property?
This property features: Built in 1975; Near a shopping center and public transportation; Parking available
