Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Main Street Retail/Office Opportunity Title is generated by Realmo AI

    92 Main St, Yonkers, NY 10701

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail or office space near transit in Yonkers, NY.

    Type:Retail, Office
    Added:
    Jul 9, 2022
    Days on Market:
    1405
    Last Refresh:
    Mar 16 at 10:20 am

    Property Features for 92 Main St

    General Information

    Standard status
    Active
    Property subtype
    Retail, Office

    Spaces For Lease

    at 92 Main St Contact us

    We can help!

    Listing Contact
    Steve Lorenzo

    Listing agent Steve Lorenzo License #NY

    Listing office Lee & Associates - New York

    Listing date Jul 9, 2022

    Source Crexi

    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 Lee & Associates - New York

    HighLights

    • 26‑minute commute to Grand Central Terminal.
    • Adjacent to a multi‑modal transit center (Metro North, Amtrak, Beeline buses).
    • Easy access to New York City and Westchester County.
    • Located near hundreds of new luxury residential units.
    • Close proximity to a revitalized Yonkers waterfront.
    • Located in a burgeoning downtown area with a restaurant revival.

    Overview

    The property at 92 Main Street is situated adjacent to an active multi-modal transit center that includes Metro North, Amtrak, and Beeline buses, providing direct access to both New York City and Westchester County. Grand Central Terminal is a 26-minute commute. The location is near the Yonkers waterfront, where new luxury residential units have been constructed. This residential development has encouraged a restaurant revival and attracted companies to the downtown area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alquimi Innovations Marketing & Advertising Tirso Lighting Marketing & Advertising Chicken Island Fried ... Restaurant Chase ATM Atm Dr. Christian Mayaud Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8261026
    Latitude
    40.9493525

    Nearby Similar for Lease

    • $1,700/Mo

      Yonkers Office Space Available

      Office space for rent in professional building with shared amenities.
      618 Saw Mill River Road, Yonkers, NY 10710
      View Details
    • $2,500/Mo

      Yonkers Office Space For Lease

      Office space available for lease in Yonkers, New York.
      111 Lockwood Ave, Yonkers, NY 10701
      View Details
    • $2,500/Mo

      Medical Office Space Near Hospital

      Medical office space available near St. John's Hospital.
      944 N Broadway, Yonkers, NY 10701
      View Details
    • Contact for pricing

      Prime Commercial Space in Yonkers

      Versatile 1,000 Sq. Ft. commercial property for rent.
      53 Lockwood Ave 1, Yonkers, NY 10701
      View Details
    • $4,175/Mo

      Yonkers Office/Retail/Food Space Available

      Ground floor space for office, retail, or food businesses.
      1462 Nepperhan Ave, Yonkers, NY 10703
      View Details
    • $11,000/Mo

      Yonkers Storage Zoned Commercial Space

      18,000 SF storage zoned space in Yonkers.
      1 Harrison Avenue, Yonkers, NY 10705
      View Details
    • Contact for pricing

      Yonkers Office Space Available

      800 sq ft office space in Yonkers for rent.
      624 aka 636 Saw Mill River Rd, Yonkers, NY 10710
      View Details
    • $2,300/Mo

      Two-Room Office Suite Available

      Second-floor office suite with utilities included, available for rent.
      596 Warburton Ave #2, Yonkers, NY 10706
      View Details
    • $2,500/Mo

      Updated Professional Office Space Available

      Professional office space for rent, updated in 2025.
      111 Lockwood Ave, Yonkers, NY 10701
      View Details
    • $69 SF/Yr

      Office - Yonkers, NY

      Office space available for lease in Yonkers, New York.
      570 Yonkers Ave, Yonkers, NY 10704
      View Details
    • $4,175/Mo

      Yonkers Office/Retail/Food Space Available

      Ground floor space for office, retail, or food use.
      1462 Nepperhan Avenue, Yonkers, NY 10703
      View Details
    • Sponsored
      Contact for pricing

      NY, Yonkers - 1 Ridge Hill

      73 Market St, Unit 376, Yonkers, NY 10710
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail or office space near transit in Yonkers, NY.
    Where is this retail space located?
    The property is located at 92 Main St Yonkers, NY.
    What are key features of this property?
    This property features: 26‑minute commute to Grand Central Terminal.; Adjacent to a multi‑modal transit center (Metro North, Amtrak, Beeline buses).; Easy access to New York City and Westchester County.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Steve Lorenzo
    Real Estate License ID: NY
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    92 Main St, Yonkers, NY 10701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!