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    FOR SALE
    Commercial real estate

    9 Ashburton Pl, Yonkers, NY 10701

    Property ID
    US63-1905016
    Property summary
    AI-generated overview

    This exceptional 106' x 100' lot in downtown Yonkers presents a significant redevelopment opportunity. Located in a Federal Qualified Opportunity Zone and zoned "A" District MX (S-100), this 31,362 sq ft site offers as-of-right development for a multifamily apartment building. The property's rich history includes the current presence of the historic Saint Paul Church of GOD In Christ, established in 1941. Its strategic location benefits from Yonkers' ongoing revitalization, notably with the addition of Lionsgate Studios' new complex. This versatile site supports various uses, including community residential facilities, churches, healthcare buildings, daycares, nursing homes, semi-public parking structures, and radio/TV antennas (with special use requirements for satellite antennas). The asking price is $2,500,000. This is a chance to capitalize on Yonkers' transformation and contribute to its dynamic growth. The property is situated at 9 Ashburton Pl, Yonkers, NY 10701, in Westchester County. Don't miss this chance to be part of Yonkers' exciting future.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US63-1905016
    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
    • St Paul Church of God In Christ Church
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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