Mixed-Use Property in
914-920 Old Nepperhan Avenue, Yonkers, NY 10703
Mixed-use property with auto-body shop and residential units.
Type:Commercial
Property size:
5,500 SFPrice / SF:
$290/SF- Added:
- Apr 6, 2026
- Days on Market:
- 57
- Last Refresh:
- Apr 8 at 8:08 pm
Property Features for 914-920 Old Nepperhan Avenue
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing agent KERI KENNY License #RES.0819121
Listing office COLDWELL BANKER REALTY (914) 277-5000
Listing date Apr 6, 2026
Source Corcoran
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 COLDWELL BANKER REALTY
HighLights
- Mixed‑use property featuring both industrial and residential spaces.
- Vacant 3,500 sf auto‑body shop/storage space ready for immediate use or lease.
- Zoned "I" (Industrial) offering versatile usage options.
- Two occupied 2‑bedroom apartments providing immediate rental income.
- Total of 5,500 sf combined space across two buildings.
- Located in the center of Yonkers historic industrial corridor.
Overview
This mixed-use property is located in the center of Yonkers' historic industrial corridor. The property features a vacant auto-body shop and two occupied two-bedroom apartments that generate rental income. The property consists of two buildings zoned "I" (Industrial), with a combined area of 5,500 square feet. The auto-body repair and storage area occupies 3,500 square feet, while the residential space accounts for 2,000 square feet. This property is suitable for investors or owner-users.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $207.9k | $37.80 |
| − Vacancy | −$17.8k | −$3.23 |
| EGI | $190.1k | $34.57 |
| − OpEx | −$57.0k | −$10.37 |
| NOI | $133.1k | $24.20 |
5,500 SF · lease $37.80/SF/yr · vacancy 8.55% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.90M
$1.66M – $2.22M
NOI $133,087 @ 7.0% cap · market cap 8.32%
Second Best
Apartment 5plus
$1.75M
$1.53M – $2.04M
NOI $122,222 @ 7.0% cap · market cap 7.64%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.875137
- Latitude
- 40.955947
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with auto-body shop and residential units.
Where is this mixed-use property located?
The property is located at 914-920 Old Nepperhan Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Mixed‑use property featuring both industrial and residential spaces.; Vacant 3,500 sf auto‑body shop/storage space ready for immediate use or lease.; Zoned "I" (Industrial) offering versatile usage options.
