440 Nepperhan Ave Yonkers, NY 10701-6601
Property profile & analytics
440 Nepperhan Ave Yonkers, NY 10701-6601
- Distribution centers
- 30,000 SF
- 0.83 lot acres
Property ID
US63-0407949
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.
Location Intelligence
Current Use by Public Records
- AT Button / Big Box & Wholesale Store
- Chantelle Chandeliers / Hardware & Home Improvement
- Weiss and Biheller / Interior Design / Home Decor Store
- C&G Custom Int. Upholstery / Furniture & Home Goods
- Woodstock Transportation Components / Freight Service / Logistics Company
Property Details for 440 Nepperhan Ave
- Year built
- 1955
- Lot size
- 0.83 lot acres
- Property size
- 30,000 SF
- Zone code
- I
- Property type
- Distribution centers
- APN
- 551800 2.-2073-30
- APU
- 5518002207330
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Yonkers
- County
- Westchester
- State
- New York
- Longitude
- -73.8848
- Latitude
- 40.9409
- 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
$29,375
$10,300
$18,000
$28,300
-
$575,419
$1,005,587
$1,581,006
