Property summary
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
VerifiedCap rate & NOI
Current use
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Bar & Pub Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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