106 Saw Mill River RdYonkers, NY 10701

Property Details for 106 Saw Mill River Rd

Year built

1965

Lot size

0.29 AC

Property size (Sq ft)

4,020 SF

Zone code

I

Property type

Retail properties

Property subtype

Auto shops

APN

551800 2.-2211-1.4

APU

5518002221114

Description

This exceptional Yonkers property, located at 106-108-110 Saw Mill River Road, offers a unique opportunity for businesses seeking versatile space. The 4,020-square-foot building sits on a 0.29-acre lot (12,632 square feet), providing ample room for expansion or outdoor operations. The property features three individual suites, each a minimum of 1,000 square feet, with a maximum contiguous space of 4,020 square feet, allowing for flexibility in tenant needs. The building boasts a Class A rating, having undergone renovations in 2023, and includes desirable features such as a 12-foot ceiling height, three drive-in bays, and 30 parking spaces. The property is zoned for industrial use and benefits from three-phase power. Conveniently located in Yonkers, NY (zip code 10701), this location offers easy access to New York City. The building is a single-story structure, and while elevators are not present, the layout is designed for efficient workflow. The owner is open to dividing the property into three separate rental units, making it an ideal investment for both single-tenant and multi-tenant occupancy. This is a rare opportunity to acquire a prime industrial space in a highly sought-after location. Serious inquiries only, proof of funds required.

• CAP approach

  CAP return

  Valuation

  6%

  $977,000

  6.5%

  $901,846

  7%

  $837,429

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,323,638

  Geo Method

  $1,323,638

• Alternative Use

  Use

  Valuation

  Residential

  $760,741

  Hospitality

  $696,835

  Educational

  $579,758

  Medical

  $599,697

  Retail

  $901,846

Location Insight

City

Yonkers

County

Westchester

State

New York

Latitude

40.9421

Longitude

-73.8811

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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