371 Broadway Yonkers, NY 10705
- Commercial real estate
- 5,000 SF
- 0.12 lot acres
Current Use by Public Records
- Best Insurance NY / Insurance Agency
- Early Bird Disposal Inc / Corporate Office
Property Details for 371 Broadway
- Lot size
- 0.12 lot acres
- Property size
- 5,000 SF
- Zone code
- SB
- Property type
- Commercial real estate
- APN
- 551800 1.-160-12
- APU
- 551800116012
Description
This exceptional build-to-suit opportunity in Yonkers presents a unique chance to develop a commercial property tailored to your specific needs. Located at a high-traffic intersection with 50 feet of frontage on an unnamed street and a cross street of McLean Avenue, this site boasts unparalleled visibility and accessibility. The property encompasses 4,500 square feet of land and allows for the construction of a building up to 4,500 square feet, perfect for a variety of uses. The flexible zoning (B Zone) accommodates a range of commercial ventures, including retail, restaurant, and office spaces. This single-tenancy site is ideal for a national or credit tenant seeking a prominent location to establish or expand their business. The build-to-suit nature of this property allows for complete customization, ensuring the final product perfectly aligns with your operational requirements and brand identity. The high-traffic location guarantees significant exposure to potential customers, maximizing your return on investment. This is an exceptional opportunity to create a bespoke commercial space in a thriving Yonkers location. Don't miss out on this chance to build your dream commercial property in a prime location. The property is zoned for commercial use, offering flexibility for various business types. The 4,500 square foot lot provides ample space for development. The prominent location at a traffic light ensures high visibility for your business.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,115,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $715,000
- 6.5%
- $775,000
- 7%
- $715,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $800,000
- Geo Method
- $780,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $850,000
- Mixed-Use
- $645,000
- Hospitality
- $690,000
- Educational
- $835,000
- Residential Income
- $755,000
- Energy
- $790,000
- Income-Based Land
- $710,000
- Food Service
- $840,000
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8964
- Latitude
- 40.9208
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
