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Mixed-Use Building with Storefronts
For Sale
$1,999,999
Pending

975 McLean Avenue, Yonkers, NY 10704

Two leased commercial spaces share the property with five apartments, whose entrance is at the rear.

Property Size10,950 SF
Days on Market125

Property Features for 975 McLean Avenue

General Information

Standard status Pending
Size 10,950 SF
Property subtype Mixed Use

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Gross Income $194,100
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $20,305

Building Details

Building Size 10,950 SF
Year Built 1909
Buildings 1
Construction brick
Listing Agency: Double C Realty
Listed By: Kieran Dwyer
Source: Shawmetro
Added: Jun 1 Changed: Oct 3 Last Checked: Oct 3 at 2:41AM

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 Double C Realty

Investment Insights

Based on property information with market context.

This 1909 brick mixed-use building combines two fully leased commercial storefronts with five residential apartments. Apartment access is from St Barnabas Place at the rear, separate from the storefronts on McLean Avenue. Building updates include a new roof, updated sewer lines, a gas boiler, hot water heaters, and a new electrical service distribution system.

The commercial frontage is on McLean Avenue in Yonkers, with the residential entrance on St Barnabas Place. Nearby transportation options include buses and Metro-North; shopping, restaurants, and major thoroughfares are also in the surrounding area.

Key Highlights

  • Two fully leased commercial storefronts and five residential apartments
  • Brick building constructed in 1909
  • Commercial storefronts front McLean Avenue; apartment access is at the rear on St Barnabas Place

Property Analytics

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Current Use

Aspire Communication Mobile Phone Store K & S Fur ... Clothing & Fashion Store

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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,663
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two leased commercial spaces share the property with five apartments, whose entrance is at the rear.
Where is this mixed-use property located?
The property is located at 975 McLean Avenue Yonkers, NY.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Two fully leased commercial storefronts and five residential apartments; Brick building constructed in 1909; Commercial storefronts front McLean Avenue; apartment access is at the rear on St Barnabas Place
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