Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    55 Main St Yonkers, NY 10701-2739
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    55 Main St Yonkers, NY 10701-2739

    View on Map
    • Investment properties
    • 16,100 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US63-3040159
    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.
    Value Estimations
    $2,275,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sawyer Place Laz Parking / Parking Lot & Garage
    • LAW OFFICE OF ANDREW M. ROMANO / Law Firm
    • La Grassa Legal PLLC / Law Firm
    • Yonkers Spray Foam Insulation / General Contractor / Renovation Specialist
    • 55 Main St Garage / Parking Lot & Garage

    Property Details for 55 Main St

    Year built
    2000
    Lot size
    0.14 lot acres
    Property size
    16,100 SF
    Zone code
    DW
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    551800 2.-2002-43
    APU
    5518002200243

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,308,000
      Market price range: $2.25M - $5.15M
      AI Estimate
      $1,441,000
      Market price range: $1.41M - $3.72M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Yonkers
    County
    Westchester
    State
    New York
    Longitude
    -73.9008
    Latitude
    40.9348
    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
    $62,861
    $14,900
    $15,048
    $29,948
    -
    $832,402
    $840,670
    $1,673,072

    Comparable in this City

    • Value Estimation
      $765,000
      3,500 SF

      83 Yonkers Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,500 SF
      83 Yonkers Ave, Yonkers, NY 10701-8168
      View Details
    • Value Estimation
      $910,000
      5,539 SF

      59 Yonkers Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,539 SF
      59 Yonkers Ave, Yonkers, NY 10701-3470
      View Details
    • Value Estimation
      $625,000
      2,402 SF

      172 Buena Vis Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,402 SF
      172 Buena Vis Ave, Yonkers, NY 10701-6965
      View Details
    • Value Estimation
      $610,000
      5,940 SF

      10 Warburton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,940 SF
      10 Warburton Ave, Yonkers, NY 10701-7088
      View Details
    • Value Estimation
      $2,050,000
      7,310 SF

      54 Warburton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 7,310 SF
      54 Warburton Ave, Yonkers, NY 10701-2723
      View Details
    • Value Estimation
      $1,490,000
      10,400 SF

      64 Warburton Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,400 SF
      64 Warburton Ave, Yonkers, NY 10701
      View Details

    Similar Nearby for Sale

    • $1,600,000

      Yonkers 9-Unit Investment Opportunity

      Income-producing 9-unit building near Yonkers' revitalization area.
      20 Locust Hill Ave, Yonkers, NY 10701
      View Details
    • $599,900

      Mixed-Use Property Ready for Construction

      Three-story mixed-use property with approved plans and parking.
      332 Walnut St, Yonkers, NY 10701
      View Details
    • $3,295,000
      15,470 SF

      Versatile Commercial Building in Yonkers

      Mixed-use building with warehouse and office spaces in Yonkers.
      161 Saw Mill River Rd, Yonkers, NY 10701
      View Details
    • Contact for pricing
      8,571 SF

      Yonkers Mixed-Use Development

      Three buildings, 8,571 SF, prime location.
      18 Main St, Yonkers, NY 10701
      View Details
    • $525,000
      1,284 SF

      Yonkers Multi-Family Renovated Triplex

      Renovated Yonkers triplex near transportation and shopping.
      150 Linden St, Yonkers, NY 10701
      View Details
    • $1,499,900
      0.44 Acres

      Yonkers Multifamily and Garage Opportunity

      Multifamily home with garages and development potential in Yonkers.
      130 Oliver Ave, Yonkers, NY 10701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Yonkers, New York.
      2 Manor House Sq, Yonkers, NY 10701
      View Details
    • Contact for pricing
      5,000 SF

      Yonkers Office Space Available

      5,000 SF office space in Yonkers, NY for rent.
      1 Larkin Plz, Yonkers, NY 10701
      View Details
    • Contact for pricing
      2,350 SF

      Renovated Warehouse/Flex Space Available

      2,350 SF renovated warehouse/flex space with drive-in door.
      484 Saw Mill River Rd, Yonkers, NY 10701
      View Details
    • $2,700 /Mo

      Renovated Apartment Near Yonkers Waterfront

      Renovated 3-bedroom apartment near transportation and Yonkers waterfront.
      156 Beech St, Yonkers, NY 10701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    55 Main St
    Yonkers, NY 10701-2739
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!