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Property profile

106 Saw Mill River Rd Yonkers, NY 10701

FOR SALE
Auto shops
Property ID
US63-5840037
4,020 SF 0.29 ac lot Built 1965
Entity Owned 3-yr Hold Free & Clear
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For Sale
Contact for pricing 4,020 SF
106 Saw Mill River Rd, Yonkers, NY 10701
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1965
Total area 4,020 SF
Lot 0.29 ac (12,632 SF)
Zoning code I
APN 551800 2.-2211-1.4
UPID US63-5840037

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

106 Saw Mill River Rd Yonkers, NY 10701
Yonkers metro Census 1600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.46M
Blend (final) Blend
$1.54M

Owner & transaction history

since 2023
Last sale
$1.5M
4 recorded transactions
2023
$1.5M
2011
Price N/A
2008
$875,000
2002
Price N/A

Zoning & alternative use

I · Yonkers, NY
Zoning description

residences excluded from the first floor except in predominantly residential buildings. CM District: commercial, storage and light manufacturing, residences excluded IP District: planned industrial, residences excluded I…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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