Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    292 Ashburton Ave Yonkers, NY 10701
    Back to Search
    Property profile & analytics

    292 Ashburton Ave, Yonkers, NY 10701

    View on Map
    • Gas stations
    • 1,790 SF
    • 0.31 lot acres
    For Sale
    $4,800,000
    View Listing →
    Prime Yonkers Gas Station Investment For Sale
    $4,800,000
    5,000 SF

    Prime Yonkers Gas Station Investment

    High-profit gas station, excellent location.

    292 Ashburton Ave, Yonkers, NY 10701
    View Listing
    Property ID
    US63-0356656
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Gulf / Gas Station

    Property Details for 292 Ashburton Ave

    Year built
    1965
    Lot size
    0.31 lot acres
    Zone code
    M
    Property type
    Gas stations
    APN
    551800 2.-2065-16
    APU
    5518002206516

    Description

    This exceptional investment opportunity presents a thriving gas station located at 292 Ashburton Ave, Yonkers, NY. The property encompasses a substantial 5,000 square feet of land and offers significant potential for continued growth and profitability. The existing gas station operation is well-established and benefits from a high volume of traffic and a loyal customer base. The property's strategic location in Yonkers ensures consistent customer flow, making it an attractive proposition for both seasoned investors and newcomers to the commercial real estate market. The asking price of $4,800,000 reflects the property's strong performance and future earning potential. This is a turnkey operation, ready for immediate ownership and income generation. The property is situated on a 0-acre lot, providing ample space for the existing operations and potential for future expansion or development. This is a rare opportunity to acquire a well-established and profitable business in a prime location. Serious inquiries only. Financial statements and detailed operational data are available upon request. Don't miss this chance to secure a lucrative investment in a thriving commercial sector. The property is sold as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $550,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $639,000
      Market price range: $506k - $845k

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

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.8836
    Latitude
    40.9387
    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
    $27,750
    $18,300
    $8,700
    $27,000
    -
    $1,022,346
    $486,034
    $1,508,380

    Comparable in this City

    • Value Estimation
      $770,000
      2,181 SF

      139 Mile Sq Rd

      GAS STATION
      139 Mile Sq Rd, Yonkers, NY 10701
      View Details
    • Value Estimation
      $700,000
      2,696 SF

      360 Nepperhan Ave

      GAS STATION
      360 Nepperhan Ave, Yonkers, NY 10701
      View Details
    • Value Estimation by Request
      1,269 SF

      286-290 Ashburton Ave

      GAS STATION
      286-290 Ashburton Ave, Yonkers, NY 10701
      View Details
    • Value Estimation
      $605,000
      1,236 SF

      58 Elm St

      GAS STATION
      58 Elm St, Yonkers, NY 10701
      View Details
    • Value Estimation by Request
      1,215 SF

      41 Yonkers Ave

      GAS STATION
      41 Yonkers Ave, Yonkers, NY 10701
      View Details
    • Value Estimation by Request
      160 SF

      102 Yonkers Ave

      GAS STATION
      102 Yonkers Ave, Yonkers, NY 10701-6150
      View Details

    Similar Nearby for Sale

    • $1,499,900
      0.44 Acres

      Yonkers Multifamily and Garage Opportunity

      Multifamily home with garages and development potential in Yonkers.
      130 Oliver Ave, Yonkers, NY 10701
      View Details
    • $1,249,000

      Renovated Yonkers 4-Family Building

      Fully renovated, income-producing 4-family building with additional income streams.
      17 Chestnut St, Yonkers, NY 10701
      View Details
    • $1,500,000

      Yonkers Mixed-Use Investment Opportunity

      Well-maintained 5-unit building in Nodine Hill, Yonkers.
      97 Waverly St, Yonkers, NY 10701
      View Details
    • $284,500

      Yonkers Restaurant/Bar Business Opportunity

      Restaurant/Bar business for sale in the Bryn Mawr area.
      13-15 Lockwood Ave, Yonkers, NY 10701
      View Details
    • $599,900

      Mixed-Use Property Ready for Construction

      Three-story mixed-use property with approved plans and parking.
      332 Walnut St, Yonkers, NY 10701
      View Details
    • $7,700,000

      Historic Mixed-Use Loft Portfolio

      Two historic loft conversions with ground-floor commercial and tenant-forward residential amenities, offering strong income upside.
      2 Mill St, Yonkers, NY 10701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Yonkers, New York.
      2 Manor House Sq, Yonkers, NY 10701
      View Details
    • $4,500 /Mo

      Prime Commercial Space in Yonkers

      Versatile 1,000 Sq. Ft. commercial property for rent.
      53 Lockwood Ave, Yonkers, NY 10701
      View Details
    • Contact for pricing
      2,000 SF

      Downtown Yonkers Retail Space Available

      Retail spaces for lease in downtown Yonkers near waterfront.
      27 N Broadway, Yonkers, NY 10701
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Yonkers, New York.
      60 Larkin Plz, Yonkers, NY 10701
      View Details
    • $7,000 /Mo
      3,485 SF

      Retail Space in Yonkers

      Retail space available in high-traffic Yonkers business area.
      6 N Broadway, Yonkers, NY 10701
      View Details
    • Contact for pricing

      Yonkers Retail/Office Space Available

      16,000 SqFt retail or office space for rent.
      65 Main St, Yonkers, NY 10701
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    292 Ashburton Ave
    Yonkers, NY 10701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    292 Ashburton Ave, Yonkers, NY, 10701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!