139 Mclean Ave Yonkers, NY 10705
Attention developers! This exceptional Yonkers investment presents a unique opportunity to acquire four adjacent lots totaling approximately 14,000 square feet on busy McLean Avenue. The property includes a 4,350 square foot, one-story retail building currently operating under a grandfathered non-conforming use. An attached former single-family home provides additional storage space for the commercial tenant. The entire property is zoned "A" for high-density residential use. However, continued commercial use may be possible, either by maintaining a similar use to the existing grandfathered operation or through obtaining approval from the zoning board. The asking price for this income-producing property is $2,395,000. Located at 139 McLean Avenue, Yonkers, NY 10705, this prime location offers significant potential for redevelopment or continued commercial operation. The property's strategic positioning and zoning designation make it an attractive investment for those seeking high-density development opportunities in a vibrant Westchester County location. This is a rare chance to acquire a substantial parcel in a high-traffic area with existing income streams. Don't miss this chance to capitalize on this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · Yonkers, NYYonkers. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.