Property profile

1275 Saw Mill River Rd Yonkers, NY 10710

OFF-MARKET
Retail properties & Spaces
16,553 SF 0.38 ac lot
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Property summary

AI-generated overview

This exceptional property at 1275 Saw Mill River Rd, Yonkers, NY 10710, presents a unique investment opportunity. The 1,840 square foot, single-story building currently operates as a long-established bar and restaurant with a loyal customer base and significant growth potential. Situated on a 0.38-acre lot (68' x 230'), the total building size is 16,553 square feet. The property benefits from its prime location on the border of Yonkers and Hastings-on-Hudson, ensuring access to a diverse market. Currently zoned as T-District (permitting two-family dwellings on 50-foot lots), the property enjoys grandfathered commercial status. This versatile property offers possibilities for continued operation as a thriving bar and restaurant, or redevelopment to capitalize on the current zoning. The property's established presence and strategic location, combined with favorable economic conditions and demographic trends, represent a rare opportunity for investors seeking to acquire a prime piece of real estate with exceptional potential for development and value creation. Whether the goal is to capitalize on commercial opportunities, satisfy housing demand, or diversify investment portfolios, this property offers a compelling proposition for strategic investors. The property can be delivered vacant.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,553 SF
Lot 0.38 ac (16,553 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

1275 Saw Mill River Rd Yonkers, NY 10710
Yonkers metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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