25 Palisade Ave Yonkers, NY 10701-3014
- Investment properties
- 3,868 SF
- 0.12 lot acres
Current Use by Public Records
- Palisades Hair Design / Hair Salon / Barber Shop
Property Details for 25 Palisade Ave
- Year built
- 1965
- Lot size
- 0.12 lot acres
- Property size
- 3,868 SF
- Zone code
- D-MX
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 551800 2.-2027-59
- APU
- 5518002202759
Description
This exceptional investment opportunity presents a fully operational and established barbershop located at 25 Palisade Ave, Yonkers, NY. The property encompasses 500 square feet of retail space, ideally situated for continued success. The current business model offers a proven track record and immediate cash flow potential for the new owner. A significant advantage is the availability of a lease term extending up to 10 years, providing substantial long-term security and minimizing investment risk. This offers stability and predictability for future income projections. The property is heated by oil, with the tank located below ground. The asking price for this turnkey operation is $40,000. This represents a rare chance to acquire a profitable, established business in a desirable location with a secure lease, making it an attractive proposition for savvy investors seeking a strong return on investment. The property's size and location make it suitable for continued operation as a barbershop, or potentially adaptable to other retail uses, subject to any necessary permits and approvals. Serious inquiries are encouraged to explore this unique opportunity further. The property is located in Yonkers, NY, offering easy access to transportation and a strong local customer base.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8962
- Latitude
- 40.9347
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA