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Yonkers Redevelopment Opportunity Zone Land

9 Ashburton Pl, Yonkers, NY 10701

For Sale
$2,500,000

Prime redevelopment site in Yonkers' Qualified Opportunity Zone.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market903

Property Features for 9 Ashburton Pl

General Information

Standard status Active
Lot size 0.24 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $3,215
Listing Agency: eXp Realty
Listed By: Luis A. Morales Jr · License NY #10301202922
Source: Exprealty
Added: May 26, 2024 Changed: Nov 7 Last Checked: Nov 12 at 8:09AM

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 eXp Realty

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Investment Insights

Based on property information with market context.

This property features a 106' x 100' tract of land located in an "A" District MX S-100 Federal Qualified Opportunity Zone. It permits 31,362 square feet buildable as-of-right multifamily apartment building. The property supports various other uses including community residential facilities, churches, healthcare buildings, daycares, nursing homes, semipublic parking structures, radio and TV antennas, among other uses and with special use requirements, satellite antennas. Purchased in 1968 from Messiah Baptist Church, the property currently hosts historic Saint Paul Church of GOD In Christ (COGIC), established in 1941. The property is located in Yonkers, which is undergoing transformation, notably with Lionsgate Studios’ new downtown 1,000 sq. ft. complex. This site is a prime redevelopment opportunity.

Key Highlights

  • Large 106’ x 100’ lot in an Opportunity Zone.
  • Permits 31,362 sq. ft. as‑of‑right multifamily apartment building.
  • Supports various other uses including community residential facilities, churches, healthcare buildings, daycares, and nursing homes.

Property Analytics

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Suggested Use

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

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

2,543
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Westchester County

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Frequently Asked Questions

What type of property is this?
Commercial land - Prime redevelopment site in Yonkers' Qualified Opportunity Zone.
Where is this commercial land located?
The property is located at 9 Ashburton Pl Yonkers, NY.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Large 106’ x 100’ lot in an Opportunity Zone.; Permits 31,362 sq. ft. as‑of‑right multifamily apartment building.; Supports various other uses including community residential facilities, churches, healthcare buildings, daycares, and nursing homes.
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