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Property profile & analytics
FOR LEASE
Office buildings
1010 N Broadway Yonkers, NY 10701
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-0416841
For Lease
1 / 20
$3,380,000
1010 N Broadway, Yonkers, NY 10701
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Property summary
AI-generated overview
This exceptional medical office building, located at 1010 N Broadway in Yonkers, New York, presents a unique leasing opportunity. The property boasts a total of 12,455 square feet spread across two stories, offering a variety of suite sizes to accommodate diverse medical practices. Currently, there are two suites available, with a minimum divisible space of 2,292 square feet and a maximum contiguous space of 3,845 square feet. A significant 6,137 square feet of space is currently vacant, providing ample opportunity for expansion or relocation. The building features a total of 60 parking spaces, ensuring convenient access for patients and staff. Situated in Westchester County, with a convenient address in Yonkers, NY 10701, this property benefits from excellent visibility and accessibility. The building's classification as a medical office ensures compliance with relevant regulations and provides a professional environment for healthcare providers. This is an ideal location for established practices seeking expansion or new ventures looking for a well-equipped and strategically located space. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1990
Total area
7,350 SF
Lot
1.67 ac (72,745 SF)
Zoning code
OL
APN
551800 3.-3415-34
UPID
US63-0416841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Steven Francescone, MD Physician
-
Dr. Vyacheslav Shamalov, MD Physician
-
Dr. Lekha R. Mettu, MD Physician
-
Dr. Nitin Barman, MD Physician
-
Rajeev Sindhwani Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.76M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$3.38M
Owner & transaction history
1010 N Broadway Holdings LLC · 4 yrs held
1010 N Broadway Holdings LLC
since 2021
Last sale
$3.1M
2 recorded transactions
Zoning & alternative use
OL · Yonkers, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+50.0%
Auto repair, garage
$3.7M
+42.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,565,000
ML approach
$3,760,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,580,000
Current use
RESTAURANT
$3,870,000
Change: +50% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,670,000
Change: +42% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,230,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$3.38M
Range $3.04M – $3.72M · ±10% · vs last sale $3.10M (Nov 10 2021)
Last sale anchor
$3.10M
Nov 10 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$460 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$67,485
Tax year 2020
Assessed value
$65,600
Assessed 2023
Previous assessed
$65,600
+0.0% YoY
Effective rate
102.87%
On assessed value
Assessed land
$22,600
Assessed improvement
$43,000
Land market value
$1,262,570
Improvement market value
$2,402,235
Total market value
$3,664,805
Applied tax rate
551,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Lease
Year built
1990
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
2
Total area
7,350 SF
Lot
1.67 ac (72,745 SF)
Zoning code
OL
APN
551800 3.-3415-34
UPID
US63-0416841
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
OL · Yonkers, NY
Zoning OL · permitted uses
OL · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yonkers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
RESTAURANT
Est. value
$3.9M
AUTO REPAIR, GARAGE
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$2.2M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Lot
1.67 ac
Current owner
From public records · entity-resolved
1010 N Broadway Holdings LLC
Entity
Mailing address
55 MEADOWLANDS PKWY, SECAUCUS, NJ 07094-2977
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
$3,100,000
1010 N Broadway Holdings LLC
1010 North Broadway Realty Corp
Bargain And Sale Deed
$2,250,000 · Popular Bank
—
—
North Broadway Realty Cor 1010
—
Deed Of Trust
related
$121,428 · Hsbc Bank USA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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