Property profile

293 Saw Ml Riv Rd Yonkers, NY 10701

OFF-MARKET
Investment properties
Property ID
US63-0364912
2,076 SF 0.06 ac lot Built 1970
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses three strategically located properties in Yonkers, New York, totaling 968-2,614 square feet across five units. The properties, situated at 293, 297 Saw Mill River Road, and 26 Roosevelt Street, offer a combined lot size ranging from 0.06 to 0.11 acres. Built in 1970, these properties currently boast 100% occupancy and present a significant value-add opportunity. The versatile zoning permits a wide range of development possibilities, from retail and warehouse space to multifamily residential units, creating a mixed-use potential. The properties' prime location in the heart of Yonkers ensures high visibility and accessibility, benefiting from proximity to major highways and public transportation. This unique trifecta of properties provides an expansive footprint for new construction or adaptive reuse, allowing for the creation of a thriving business ecosystem. The asking price for this exceptional portfolio is $2,500,000. This presents a rare chance to acquire a significant commercial holding with substantial upside potential in a vibrant and growing market. The combined properties offer a canvas for a comprehensive business strategy, whether establishing a flagship store, expanding a corporate presence, or embarking on a new venture. Don't miss this chance to secure a prime commercial space and unlock the potential of this strategic investment.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1970
Total area 2,076 SF
Lot 0.06 ac (2,614 SF)
Zoning code I
APN 551800 2.-2410-101
UPID US63-0364912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor
  • (Bike/Boat/Book/etc) Store
  • Consultant

Location

293 Saw Ml Riv Rd Yonkers, NY 10701-5724
Yonkers metro Census 1600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2026
Last sale
$278,000
7 recorded transactions
2026
$278,000
2025
Price N/A
2025
Price N/A
2023
Price N/A
2023
Price N/A
2021
Price N/A
2020
Price N/A

Zoning & alternative use

I · Yonkers, NY
Zoning description

residences excluded from the first floor except in predominantly residential buildings. CM District: commercial, storage and light manufacturing, residences excluded IP District: planned industrial, residences excluded I…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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