359 Broadway Yonkers, NY 10705
- Investment properties
- 4,690 SF
- 0.18 lot acres
Current Use by Public Records
- Goloso Bakery / Bakery
- Four Seasons Dry Cleaners / Dry Cleaner
- Goloso Restaurant / Dominican Restaurant
Property Details for 359 Broadway
- Year built
- 1965
- Lot size
- 0.18 lot acres
- Property size
- 4,690 SF
- Zone code
- SB
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 551800 1.-160-7.9
- APU
- 551800116079
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,715,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,035,000
- 6.5%
- $3,495,000
- 7%
- $3,015,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,900,000
- Geo Method
- $3,070,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,625,000
- Retail
- $3,115,000
- Mixed-Use
- $3,330,000
- Hospitality
- $3,360,000
- Educational
- $3,310,000
- Residential Income
- $3,195,000
- Energy
- $3,470,000
- Income-Based Land
- $3,455,000
- Food Service
- $2,910,000
Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8964
- Latitude
- 40.9212
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
