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    241 Broadway Yonkers, NY 10705-1351

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    241 Broadway Yonkers, NY 10705-1351


    • Retail space
    • 7,456 SF
    • 0.18 lot acres
    Off-Market
    Property ID
    US63-2719586
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Break Rage / Entertainment Agency / Recreation Center
    • Macara Express / Shipping Company / Freight Service
    • Tacos Plaza / Restaurant
    • Best Used Furniture / Home Decor Store / Department Store

    Property Details for 241 Broadway

    Year built
    1993
    Lot size
    0.18 lot acres
    Property size
    7,456 SF
    Zone code
    SB
    Property type
    Retail space
    APN
    551800 1.-208-9
    APU
    55180012089

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $610,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $717,000
      Market price range: $518k - $1.38M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $945,000
      Current use
      OFFICE BUILDING
      $885,000
      Change: -6% Conversion: Easy
      MEDICAL BUILDING
      $800,000
      Change: -15% Conversion: Difficult
      WAREHOUSE, STORAGE
      $790,000
      Change: -16% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.896
    Latitude
    40.9257
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $31,891
    $9,400
    $19,500
    $28,900
    -
    $525,140
    $1,089,385
    $1,614,525
    More about this property
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