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    FOR LEASE
    Investment properties

    359 S Broadway, Yonkers, NY 10705

    4,690 SF 0.18 ac lot Built 1965
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US63-2069441
    Property summary
    AI-generated overview

    This exceptional 1,620 square foot retail space is located at 359-363 South Broadway in Yonkers, NY, 10705. The property is a single-story building offering a prime location on a bustling commercial corridor. With over 12,000 vehicles passing daily, this space benefits from high visibility and significant vehicular traffic. The entire 1,620 square feet is currently vacant and available for lease, presenting a unique opportunity for a variety of retail businesses. The property's strategic location is further enhanced by its proximity to a diverse range of established businesses, including Walgreens, Family Dollar, Subway, Goloso Bakery, Silvio's Italian Restaurant, Snipes, and Chase Bank. This ensures a strong customer base and high foot traffic. Conveniently located on a major bus route, with three Yonkers bus lines stopping directly in front of the building, the property enjoys excellent public transportation access, further increasing its accessibility and appeal. Street parking is available for customers and employees. This retail space presents a compelling opportunity for businesses seeking a high-visibility location in a thriving commercial area of Yonkers.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 1965
    Total area 4,690 SF
    Lot 0.18 ac (7,841 SF)
    Zoning code SB
    APN 551800 1.-160-7.9
    UPID US63-2069441
    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
    • Goloso Bakery Bakery Specialty Food Shop
    • Four Seasons Dry Cleaners (Bike/Boat/Book/etc) Store
    • Goloso Restaurant Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.81M
    Owner & transaction history
    358 S Broadway LLC · 3 yrs held
    358 S Broadway LLC
    since 2022
    Last sale
    $3.4M
    2 recorded transactions
    2022
    $3.4M
    2012
    Zoning & alternative use
    SB · Yonkers, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.3M +64.2%
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