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    Property profile & analytics
    OFF-MARKET Estimated value $665,000
    Retail space

    241 Broadway, Yonkers, NY 10705-1351

    7,456 SF 0.18 ac lot Built 1993
    Entity Owned ~ Est. High Equity
    Property ID
    US63-2719586
    Property summary
    AI-generated overview

    This exceptional 7,841 square foot vacant retail storefront, located at 241 S Broadway in Yonkers, NY, presents a compelling value-add investment opportunity. Situated on a 0.18-acre lot (65' x 120'), the property boasts 65 feet of prominent street frontage and provides six parking spaces. The single-story building features poured concrete floors designed for heavy weight distribution, making it suitable for a variety of retail or light industrial uses. The property is currently vacant, offering immediate occupancy and flexibility for the new owner. Zoned for restricted business use (BR District, residences excluded), this location in Southeast Yonkers' downtown area provides excellent visibility and accessibility. The total building square footage is 11,761 square feet, with 7,841 square feet of net rentable space. The property shares a driveway with the adjacent property to the south, enhancing convenience and accessibility. This is an ideal opportunity for an investor seeking a prime retail space in a thriving downtown location with significant potential for redevelopment or lease-up.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1993
    Total area 7,456 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code SB
    APN 551800 1.-208-9
    UPID US63-2719586
    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
    • Break Rage Adventure Sports Entertainment Agency
    • Macara Express Shipping Company Freight Service
    • Tacos Plaza Restaurant
    • Best Used Furniture Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $610k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $718k
    Blend (final) Blend
    $665k
    Owner & transaction history
    241 South Broadway LLC
    241 South Broadway LLC
    since 2025
    6 recorded transactions
    2025
    $1.7M
    2011
    1969
    1969
    1969
    1969
    Zoning & alternative use
    SB · Yonkers, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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