73 Market StYonkers, NY 10710

Property Details for 73 Market St

Year built

2012

Lot size

2.55 AC

Property size (Sq ft)

222,894 SF

Zone code

PMD

Property type

Office properties

Property subtype

Office buildings

APN

551800 4.-4066-1

APU

551800440661

Description

This Class A office building, located at 73 Market Street, 3rd Floor, Yonkers, NY 10710, offers 15,000 square feet of versatile workspace. Currently, 5,970 square feet are available in multiple suites, ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet. The building boasts 350 total suites and underwent renovations in 2019. Amenities include elevators, providing convenient access throughout the three-story building. Situated in Westchester County, this property enjoys a prime location, offering easy access to major transportation arteries including the Sprain Brook Parkway and I-87, as well as public transportation via Bee-Line bus service. The building is part of the 1 Ridge Hill complex, a 1.3 million square foot development featuring retail, residential, and entertainment options, providing employees with convenient amenities within walking distance. This location offers unparalleled convenience for businesses seeking a modern and accessible workspace in the thriving Westchester County market. The property is ideal for businesses seeking executive office space, coworking solutions, or creative office environments. The building's professional atmosphere and convenient location make it an excellent choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $36,851,036

  6.5%

  $34,016,340

  7%

  $31,586,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,123,330

  Geo Method

  $29,123,330

• Alternative Use

  Use

  Valuation

  Residential

  $42,180,264

  Hospitality

  $38,636,892

  Educational

  $32,145,442

  Medical

  $33,250,974

  Retail

  $50,004,020

Location Insight

City

Yonkers

County

Westchester

State

New York

Latitude

40.9629

Longitude

-73.8567

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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