1270 Saw Ml Riv Rd, Yonkers, NY 10710-2722

This exceptional investment opportunity presents a fully approved plan for a six-story, Class A, climate-controlled self-storage facility in Yonkers, New York. Situated on a 0.51-acre lot at 1270 Saw Mill River Road, this development boasts 82,140 gross square feet, yielding approximately 60,864 net rentable square feet (assuming a ±28% loss factor on floors 2-5). Zoning Board approvals are already in place, streamlining the development process. While prospective buyers will be responsible for securing Planning Board approvals, structural drawings, and building permits, this allows for customization to meet individual needs. The design thoughtfully incorporates an existing utility easement, requiring a minimum 15-foot clear height on the ground floor, while also including ample loading areas, parking, and additional rentable space. This property benefits from excellent visibility and frontage on Saw Mill River Road, providing easy access via I-87S, Saw Mill River Parkway, and Taconic State Parkway. The location is strategically positioned within a densely populated residential area, with approximately 387,000 people residing within a five-mile radius. The self-storage market penetration in this area is notably low, at less than 5 square feet per capita within the same radius, indicating significant market potential. This presents a compelling opportunity to capitalize on strong market fundamentals and deliver a high-demand self-storage facility to a thriving community.