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    OFF-MARKET
    Retail properties & Spaces

    210 Broadway Ave, Yonkers, NY 10705

    19,560 SF
    Property ID
    Property summary
    AI-generated overview

    Prime Yonkers location at 210 S Broadway Avenue offers a lucrative investment opportunity. This 19,560 square foot property boasts five units including three retail spaces (a laundromat with 70 washers and 70 dryers, a minimart, and an auto repair shop), a warehouse, and office space. The auto repair shop and minimart are under 10-year leases with annual rent increases of $100, currently paying $3,500 and $4,000 per month respectively. The warehouse is vacant, projecting $4,000 monthly rent, and the office space projects $3,000 monthly rent. The property sits on a 27,111 square foot lot providing ample parking (30+ spaces) and benefits from a high-traffic corner location at Bright Place with a traffic light. Its proximity to St. Joseph's Hospital and its half-mile distance from City Hall further enhance its desirability. The building features 16-20 foot ceilings. Asking price is $5,380,000.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 19,560 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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