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    451 Old Nepperhan Ave Yonkers, NY 10701

    Sponsored
    For Lease
    $54,000

    Versatile Office/Warehouse, 2,450 SF

    Lot size:
    2,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Yonkers property at 451 Old Nepperhan Avenue offers a unique blend of office and industrial space, ideal for a variety of businesses. The single-story, 2,450 square foot building, constructed in 1950 and renovated in 2012, sits on a substantial 110,000 square foot lot. The property boasts a 15-foot ceiling height, four drive-in bays, and ample parking with 50 spaces. Currently, the entire 2,450 square feet is available for lease, offering a flexible layout suitable for various needs. The building is classified as Class B and features a 10% load factor. Its location on Old Nepperhan Avenue, with frontage of 150 feet, provides excellent visibility and accessibility. The property's zoning is Industrial, making it suitable for a wide range of uses, including those in the medical office and urgent care sectors. The convenient location near Saw Mill River Road and Nepperhan Avenue ensures easy access to major transportation routes. The property's taxes are $2 per square foot. This property presents a rare opportunity to acquire a versatile and well-located commercial space in a thriving Yonkers submarket. The expansive paved and fenced yard provides additional space, perfect for storage or outdoor operations. The high power capacity of 1400 amps further enhances its suitability for industrial uses. The property is zoned for industrial use and is situated in a medical office submarket cluster, making it a prime location for a variety of businesses.

    Property Features for 451 Old Nepperhan Ave

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,450 SF
    Class
    B
    Total Rate
    54000

    Building Details

    Year Built/Renovated
    1950/2012
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF
    Rate per SF
    $54,000

    HighLights

    • 2,450 SF single‑story building on a 110,000 SF lot in Yonkers, NY.
    • Class B building with 15' ceilings, four drive‑in bays, and 50 parking spaces.
    • 150' of frontage on Old Nepperhan Ave, offering excellent visibility and accessibility near major transportation routes.
    • Currently available for lease, featuring a flexible layout suitable for various uses, including medical office and urgent care.
    • Industrial zoning, 1400 amp power, paved and fenced yard, and $2/SF taxes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gentile Construction Corp Construction Company All County Mobile ... Ready Mix Concrete Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.876525879524
    Latitude
    40.948518967084

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    FAQs

    What type of property is this?
    Manufacturing property - Versatile Office/Warehouse, 2,450 SF
    Where is this manufacturing property located?
    The property is located at 451 Old Nepperhan Ave Yonkers, NY.
    What is the lease rate?
    The lease rate is $54,000.
    What are key features of this property?
    This property features: 2,450 SF single-story building on a 110,000 SF lot in Yonkers, NY.; Class B building with 15' ceilings, four drive-in bays, and 50 parking spaces.; 150' of frontage on Old Nepperhan Ave, offering excellent visibility and accessibility near major transportation routes.
    Request Owner's contact information
    451 Old Nepperhan Ave Yonkers, NY 10701
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    Yonkers, NY 10701
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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
    451 Old Nepperhan Ave Yonkers, NY 10701
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