Financial
Distress signals
Property profile

197 S Broadway Yonkers Ny Yonkers, NY 10701

FOR SALE
Warehouses
Property ID
US63-1797299
10,707 SF 0.08 ac lot
Last sale Jan 2021 · $1,060,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This vacant warehouse at 197 S Broadway, Yonkers, NY 10705, presents a compelling owner-user opportunity. Priced at $2,300,000 ($209/SF), this three-story, Class C industrial building offers 11,000 square feet of space. Built in 1920, the property sits on a 0.08-acre lot and is zoned for light industrial use. The building features a 21-foot ceiling height and is column-free, maximizing usable space. Three loading docks provide efficient loading and unloading capabilities: two on the first

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$15k
Tax billed · 2020
Assessed value · 2023$13k
Assessed land$10k
Assessed improvement$3k
Effective rate113.53%

Value estimate

· Sep 2026
$1.22M
$1.10M – $1.34M
AI approach$1.49M
NOI build-up
Gross scheduled income$195k
Vacancy & credit loss−$12k
Operating expenses−$27k
NOI · 6.76% cap applied$156k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$303/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$167 – $440
Qualifying comparables13

Cap rate analysis

How does the asset earn?
6.76%
$156k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SB
JurisdictionWESTCHESTER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.4
Law Firm13.7
Acupuncture11.8

Location

197 S Broadway Yonkers Ny Yonkers, NY 10701
County assessor Recorded deeds · 4 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 18 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
55 Knowles, Yonkers, NY 10705-1121 $2,850,000 May 2025 5,548 SF
37 Post, Yonkers, NY 10705-2256 $685,000 Oct 2019 4,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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