Entity Owned Property summary
This exceptional 60,000 square foot industrial warehouse at 440 Nepperhan Ave in Yonkers, NY, presents a significant investment opportunity. The Class B building boasts post and beam construction and is zoned for heavy industrial use, offering considerable flexibility for a variety of businesses. The property features a shared loading dock and an internal lift, ensuring efficient operations. The building is fully sprinklered, enhancing safety and security. Property taxes are exceptionally… low at $30,797 annually. The two-story structure offers diverse space options; the lower level provides 9-foot ceilings, while the upper level features 14-foot ceilings and higher. Currently, there are nine rental units, two of which are occupied by the current owners and will be vacated upon sale. The current annual gross rent is $342,452.04. A conservative pro forma projection indicates a potential increase in annual gross rent to $674,042.04, based on leasing the owner-occupied spaces at the average market rate of the existing tenants. With 40,000 square feet currently vacant, this property offers immediate potential for significant rental income growth. This property, historically part of the Alexander Smith Carpet Mills complex, represents a rare opportunity to acquire a well-located, versatile industrial space in a thriving market.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 14 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 30,000 SF
- Lot area
- 0.83 ac
- Year built
- 1955
- Stories
- 1
- APN
- 551800 2.-2073-30
- Zoning
- I
- Assessed value · 2023
- $28,300
- Annual tax · 2020
- $29,375
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this zone is to accommodate Industry Residences Excluded
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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