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    371 Broadway Yonkers, NY 10705

    Sponsored
    For Lease
    $35 SF/Yr ($13,125 /Mo)

    Prime Retail/Office Space Available

    Lot size:
    4,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional build-to-suit opportunity in Yonkers presents a unique chance to develop a commercial property tailored to your specific needs. Located at a high-traffic intersection with 50 feet of frontage on an unnamed street and a cross street of McLean Avenue, this site boasts unparalleled visibility and accessibility. The property encompasses 4,500 square feet of land and allows for the construction of a building up to 4,500 square feet, perfect for a variety of uses. The flexible zoning (B Zone) accommodates a range of commercial ventures, including retail, restaurant, and office spaces. This single-tenancy site is ideal for a national or credit tenant seeking a prominent location to establish or expand their business. The build-to-suit nature of this property allows for complete customization, ensuring the final product perfectly aligns with your operational requirements and brand identity. The high-traffic location guarantees significant exposure to potential customers, maximizing your return on investment. This is an exceptional opportunity to create a bespoke commercial space in a thriving Yonkers location. Don't miss out on this chance to build your dream commercial property in a prime location. The property is zoned for commercial use, offering flexibility for various business types. The 4,500 square foot lot provides ample space for development. The prominent location at a traffic light ensures high visibility for your business.

    Property Features for 371 Broadway

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,500 SF
    Total Rate
    13125

    Unit(s) available at that property

    Space
    Available Space
    Size
    4,500 SF
    Rate per SF
    $35

    HighLights

    • Build‑to‑suit opportunity in Yonkers for a national/credit tenant.
    • 4,500 square foot building on a 4,500 square foot lot.
    • 50‑foot frontage on McLean Avenue.
    • B‑Zone zoning.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Best Insurance NY Insurance Agency Early Bird Disposal ... Corporate Office

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8964372
    Latitude
    40.920829

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Office Space Available
    Where is this restaurant located?
    The property is located at 371 Broadway Yonkers, NY.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Build-to-suit opportunity in Yonkers for a national/credit tenant.; 4,500 square foot building on a 4,500 square foot lot.; 50-foot frontage on McLean Avenue.
    Request Owner's contact information
    371 Broadway Yonkers, NY 10705
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    Yonkers, NY 10705
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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
    371 Broadway Yonkers, NY 10705
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