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    162 Yonkers Ave Yonkers, NY 10701

    • Investment properties
    • 4,000 SF
    • 0.09 lot acres
    For Sale
    View listing
    $549,999
    Value Estimation
    Location Intelligence
    Property ID
    US63-6043068
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gale Electrical / Electrician
    • Yonkers Rims and Tires / Tire Shop

    Property Details for 162 Yonkers Ave

    Year built
    1960
    Lot size
    0.09 lot acres
    Property size
    4,000 SF
    Zone code
    BA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    551800 1.-446-6.7
    APU
    551800144667

    Description

    This exceptional 4,000 square foot retail property, situated on a 0.09-acre lot at 162 Yonkers Avenue in Yonkers, New York, presents a remarkable investment opportunity. Priced at $549,999, this versatile space is ideally suited for a wide range of businesses. Its prime location ensures high visibility and accessibility, with convenient proximity to major highways, guaranteeing significant foot and vehicle traffic. The property boasts ample parking, accommodating 4-6 vehicles, a crucial asset for many commercial enterprises. Potential uses are numerous and include, but are not limited to, retail stores, automotive-related businesses (mechanics, parts suppliers, tire shops), barbershops, insurance offices, or commercial vehicle storage/warehousing. The building is equipped with cooling, heating, and lighting utilities. Interested parties are strongly advised to independently verify all property details and specifications through a review of public records. This is a rare chance to acquire a thriving commercial space in a highly desirable location

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $290,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $305,000
      Geo Method
      $295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $250,000
      Mixed-Use
      $245,000
      Hospitality
      $315,000
      Educational
      $275,000
      Residential Income
      $275,000
      Energy
      $330,000
      Income-Based Land
      $260,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8828
    Latitude
    40.9352
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $6,772
    $3,600
    $2,400
    $6,000
    -
    $201,117
    $134,078
    $335,195

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      64 Warburton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,400 SF
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      View Details

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    162 Yonkers Ave
    Yonkers, NY 10701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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