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Property profile & analytics
FOR SALE
Distribution centers

451 Old Nepperhan Ave Yonkers, NY 10703

20,260 SF 1.4 ac lot Built 1960
Entity Owned 23-yr Hold Free & Clear
Property ID
US63-1385240
Property summary
AI-generated overview

This exceptional Yonkers property at 451 Old Nepperhan Avenue offers a unique blend of office and industrial space, ideal for a variety of businesses. The single-story, 2,450 square foot building, constructed in 1950 and renovated in 2012, sits on a substantial 110,000 square foot lot. The property boasts a 15-foot ceiling height, four drive-in bays, and ample parking with 50 spaces. Currently, the entire 2,450 square feet is available for lease, offering a flexible layout suitable for various needs. The building is classified as Class B and features a 10% load factor. Its location on Old Nepperhan Avenue, with frontage of 150 feet, provides excellent visibility and accessibility. The property's zoning is Industrial, making it suitable for a wide range of uses, including those in the medical office and urgent care sectors. The convenient location near Saw Mill River Road and Nepperhan Avenue ensures easy access to major transportation routes. The property's taxes are $2 per square foot. This property presents a rare opportunity to acquire a versatile and well-located commercial space in a thriving Yonkers submarket. The expansive paved and fenced yard provides additional space, perfect for storage or outdoor operations. The high power capacity of 1400 amps further enhances its suitability for industrial uses. The property is zoned for industrial use and is situated in a medical office submarket cluster, making it a prime location for a variety of businesses.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1960
Total area 20,260 SF
Lot 1.4 ac (60,984 SF)
Zoning code I
APN 551800 3.-3100-40
UPID US63-1385240
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
  • Gentile Construction Corp Construction Company
  • All County Mobile Concrete Inc Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.39M
Owner & transaction history
All About Recycling INC · 23 yrs held
All About Recycling INC
since 2002
3 recorded transactions
2002
$1.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I · Yonkers, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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