45 Saw Ml Riv Rd, Yonkers, NY 10701-6614

This unique 58,000 square foot industrial property, located at 45 Saw Mill River Rd in Yonkers, NY, presents a rare investment opportunity. Originally constructed in 1871 and expanded between 1876 and 1883, this historically significant building, listed on the National Register of Historic Places, offers substantial rehabilitation tax credits. Currently fully occupied with month-to-month tenants, including cabinet makers and carpenters, the property features a new boiler, sprinkler system, original hardwood floors, loading dock, freight elevator, passenger elevator, and on-site parking. The zoning (I) allows for a wide range of uses, including eating and drinking establishments, offices, retail, breweries, warehousing, and more. An adjacent 40,000 square foot building with parking is also available for purchase separately. This property offers significant potential for redevelopment and income generation in a rapidly transforming area of Yonkers, near significant residential and commercial developments. The asking price is $8,250,000, with a price per square foot of $142.24. The property is multi-tenant with a modified lease type.