Bronxville Mixed-Use
915 Palmer Ave Unit Bronxville Yonkers, NY 10708
915 Palmer Ave Unit Bronxville, Yonkers, NY, 10708
$1,300,000
For Sale
$1,300,000
Medical/Professional Office and Residential mixed use
Property Size3,511 SF
Lot Size0.15 Acres
Price / SF$370.26
Days on Market288
Property Features for 915 Palmer Ave Unit Bronxville
General Information
- Standard status
- Active
- Property type
- Live-work space, Medical space, Other office properties, Mixed-use properties, Healthcare properties, Office Spaces
- Size
- 3,511 SF
- Net Rentable
- 3,511 SF
- Class
- B
- Total Parking Spaces
- 4
- Lot size
- 0.15 Acres
Building Details
- Year Built
- 1911
- Stories
- 4
Listing Office
RE/MAX Distinguished Homes & Properties
(914) 589-8133
Listed by
Amanda · License #10401249908
(914) 589-8133
Added: Oct 6, 2025 Updated: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This multi-level building in Bronxville offers approximately 3,511 square feet of flexible-use space across four floors. Previously utilized as a medical home office, the layout can accommodate private offices, client meeting areas, treatment rooms, and living quarters. The property is located on a well-traveled street with a bus stop in front and is near the train station and Bronxville Village. The lot size is approximately 0.146 acres. The location provides access to the Bronx and Manhattan.
Key Highlights
- Close to train
- Close to highway
- Close to the Bronx
Local Financial Insights For Mixed Use
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 | $118.0k | $33.60 |
| − Vacancy | −$11.8k | −$3.36 |
| EGI | $106.2k | $30.24 |
| − OpEx | −$39.8k | −$11.34 |
| NOI | $66.4k | $18.90 |
3,511 SF · lease $33.60/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$948.0K
$829.5K – $1.11M
NOI $66,358 @ 7.0% cap · market cap 5.10%
Second Best
Healthcare Medical
$797.4K
$697.7K – $930.3K
NOI $55,816 @ 7.0% cap · market cap 4.29%
Theoretical Best
Multifamily LT 5
$1.21M
$1.06M – $1.42M
NOI $84,958 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Medical/Professional Office and Residential mixed use
Where is this live-work space located?
The property is located at 915 Palmer Ave Unit Bronxville Yonkers, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Close to train; Close to highway; Close to the Bronx
