1022 Broadway Yonkers, NY 10701-1332
- Investment properties
- 5,191 SF
- 0.57 lot acres
Current Use by Public Records
- Friedman Norman E MD / Physician
- Dr. Stephen Erosa DO / Physician
- Dr. John D. Ilario MD / Physician
- Dr. Vishal A. Mehta - Orthopedic Surgeon / Physician
- Dr. Philip L. Florio MD / Physician
Property Details for 1022 Broadway
- Year built
- 1927
- Lot size
- 0.57 lot acres
- Property size
- 5,191 SF
- Zone code
- OL
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 551800 3.-3415-42
- APU
- 5518003341542
Description
This exceptional medical office space, totaling 2,500 square feet, is situated on the second floor of a building in Yonkers, New York, within Westchester County. The property is ideally located directly across from St. John's Hospital, offering unparalleled convenience and accessibility for both patients and staff. The single-tenant occupancy provides a private and secure environment for your practice. The space is perfect for a variety of medical uses, or general office purposes, and is designed to accommodate the needs of a growing business. Ample parking is available, addressing a key concern for both employees and clients. The address is 1022 N Broadway, Yonkers, NY 10701. This presents a unique opportunity to establish or expand your practice in a high-demand area with excellent visibility and proximity to a major medical facility. The building's location in Westchester County offers easy access to major transportation routes, ensuring convenient commutes for your team and clients. The 2,500 square feet provides ample room for various configurations to suit your specific operational requirements. This property is a turnkey solution for medical professionals seeking a well-situated and functional office space.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,635,000
- 6.5%
- $1,510,000
- 7%
- $1,400,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,572,000
- AI Estimate
- $982,000
Market price range: $727k - $1.66MMarket price range: $454k - $1.20M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,275,000 Current use
- OFFICE BUILDING
- $1,820,000 Change: +43% Conversion: Easy
- WAREHOUSE, STORAGE
- $1,575,000 Change: +23% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8835
- Latitude
- 40.9694
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
