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    1275 Saw Mill River Rd Yonkers, NY 10710

    For Sale
    Contact for pricing

    Established Bar/Restaurant, High Potential

    Property size:
    16,553 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional property at 1275 Saw Mill River Rd, Yonkers, NY 10710, presents a unique investment opportunity. The 1,840 square foot, single-story building currently operates as a long-established bar and restaurant with a loyal customer base and significant growth potential. Situated on a 0.38-acre lot (68' x 230'), the total building size is 16,553 square feet. The property benefits from its prime location on the border of Yonkers and Hastings-on-Hudson, ensuring access to a diverse market. Currently zoned as T-District (permitting two-family dwellings on 50-foot lots), the property enjoys grandfathered commercial status. This versatile property offers possibilities for continued operation as a thriving bar and restaurant, or redevelopment to capitalize on the current zoning. The property's established presence and strategic location, combined with favorable economic conditions and demographic trends, represent a rare opportunity for investors seeking to acquire a prime piece of real estate with exceptional potential for development and value creation. Whether the goal is to capitalize on commercial opportunities, satisfy housing demand, or diversify investment portfolios, this property offers a compelling proposition for strategic investors. The property can be delivered vacant.

    Property Features for 1275 Saw Mill River Rd

    General Information

    Property type
    Restaurants
    Square Feet
    16,553 SF
    Lot Size
    16,553 SF

    Building Details

    Stories
    1

    HighLights

    • 1,840 SF established bar/restaurant.
    • 16,553 SF buildable lot (68' x 230', 0.38 acres).
    • T‑District zoning.
    • Grandfathered commercial use; currently zoned R‑2 (two‑family).
    Property Profile Location Intelligence

    Current Use by Public Records

    Clarke's Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8657617
    Latitude
    40.9787235

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    FAQs

    What type of property is this?
    Restaurant - Established Bar/Restaurant, High Potential
    Where is this restaurant located?
    The property is located at 1275 Saw Mill River Rd Yonkers, NY.
    What are key features of this property?
    This property features: 1,840 SF established bar/restaurant.; 16,553 SF buildable lot (68' x 230', 0.38 acres).; T-District zoning.
    Request Owner's contact information
    1275 Saw Mill River Rd Yonkers, NY 10710
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    Yonkers, NY 10710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1275 Saw Mill River Rd Yonkers, NY 10710
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