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Property profile & analytics
FOR LEASE
Distribution centers
484 Saw Mill River Rd, Yonkers, NY 10701
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-1203545
For Lease
1 / 2
$520,000
484 Saw Mill River Rd, Yonkers, NY 10701
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1929
Total area
1,862 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CM
APN
551800 2.-2376-7
UPID
US63-1203545
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
$405k
Comparable Approach
Comparable
$325k
Blend (final)
Blend
$520k
Owner & transaction history
484 Saw Mill LLC · 1 yrs held
484 Saw Mill LLC
since 2025
Last sale
$545,000
2 recorded transactions
Zoning & alternative use
CM · Yonkers, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$655,000
+15.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Yonkers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yonkers submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
$440,000
6.5%
$405,000
7%
$375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
OFFICE BUILDING
$655,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$460,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $545k (Feb 12 2025)
Last sale anchor
$545k
Feb 12 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$279 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$12,616
Tax year 2020
Assessed value
$11,800
Assessed 2023
Previous assessed
$11,800
+0.0% YoY
Effective rate
106.92%
On assessed value
Assessed land
$3,500
Assessed improvement
$8,300
Land market value
$195,531
Improvement market value
$463,687
Total market value
$659,218
Applied tax rate
551,800.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1929
Heating
NONE
Buildings
1
Stories
1
Total area
1,862 SF
Lot
0.07 ac (3,049 SF)
Zoning code
CM
APN
551800 2.-2376-7
UPID
US63-1203545
Jurisdiction
WESTCHESTER
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
CM · Yonkers, NY
Zoning CM · permitted uses
CM · Yonkers, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yonkers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$565,000
OFFICE BUILDING
Est. value
$655,000
COMMERCIAL (GENERAL)
Est. value
$460,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
1
Buildings
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
484 Saw Mill LLC
Entity
Free & Clear · 1 yrs held
Mailing address
69 ORIOLE ST, PEARL RIVER, NY 10965-2713
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2025
$545,000
484 Saw Mill LLC
R C Sunny LLC
Bargain & Sale Deed
—
Apr 7, 2016
$465,000
Rc Sunny LLC
Mos Const & Acoustics Corp
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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