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Mixed-Use Retail and Apartments
For Sale
$1,600,000

963 Mclean Ave, Yonkers, NY 10704

Two leased ground-floor retail units with two residential apartments above create an income-producing mixed-use property.

Property SizeContact for details
Days on Market117

Property Features for 963 Mclean Ave

General Information

Standard status Active

Additional Details

Highway Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $23,867
Listing Agency: Houlihan Lawrence Inc.
Listed By: Thomas C. Hennessy
Source: Exprealty
Added: Apr 29 Changed: Aug 23 Last Checked: Aug 14 at 7:54AM

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 Houlihan Lawrence Inc.

Investment Insights

Based on property information with market context.

This well-established mixed-use property features two ground-floor commercial retail spaces and two residential apartments on the upper level. The retail units are currently leased to established tenants, and the residential component includes a three-bedroom apartment and a one-bedroom unit.

The building is located in Yonkers in the Woodlawn Heights area along McLean Avenue, providing visibility for the commercial storefronts. The property also benefits from nearby major transportation routes, including I-87 and the Bronx River Parkway, with convenient access to Manhattan via express buses, subway connections, and the Metro-North Woodlawn station.

As currently configured, the asset combines long-term retail tenancy with additional residential rental opportunity, supporting consistent income through its multi-use layout.

Key Highlights

  • 1924‑built mixed‑use property with two leased ground‑floor retail units and two residential apartments above
  • Commercial: both retail units leased to established tenants with over 25 years of continuous operation
  • Residential: second‑floor 3‑bedroom unit plus a 1‑bedroom unit

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Dental Office Law Firm Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,663
Businesses Nearby
126k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 89% Groceries 6% Dining 5%
Dollar Tree Shops & Services
27,216 visits/mo 0.2 miles
Mobil Shops & Services
20,074 visits/mo 0.5 miles
Chase Bank Shops & Services
13,732 visits/mo 0.2 miles
Bank of America Shops & Services
9,777 visits/mo 0.1 miles
Shell Shops & Services
8,700 visits/mo 0.5 miles

Demographics for 10704, NY

32,426
Population
12,576
Households
2.6
Avg Household Size
42
Median Age
37%
College-Educated
88%
High-School Grad
2.7 sq mi
ZIP Area
12,010
Density / Sq Mi
$110,097
Median Household Income
$57,134
Median Earnings
$1,898
Median Rent
$508,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased ground-floor retail units with two residential apartments above create an income-producing mixed-use property.
Where is this mixed-use property located?
The property is located at 963 Mclean Ave 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: 1924‑built mixed‑use property with two leased ground‑floor retail units and two residential apartments above; Commercial: both retail units leased to established tenants with over 25 years of continuous operation; Residential: second‑floor 3‑bedroom unit plus a 1‑bedroom unit
More about this property
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