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    FOR LEASE
    Medical Office Space

    984 N Broadway, Yonkers, NY 10701

    82,000 SF 2.25 ac lot Built 1970
    Entity Owned 4-yr Hold
    Property ID
    US63-1371790
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 984 N Broadway in Yonkers, NY, presents a compelling investment opportunity. The five-story building, constructed in 1970, boasts a substantial 82,000 square feet of space and sits on a 2.25-acre lot. Currently multi-tenanted with a mix of short- and long-term leases, the property offers a 16% vacancy rate, presenting significant potential for increased revenue. The building features ample parking with 300 spaces, ensuring convenient access for patients and staff. Its OL zoning designation provides flexibility for future development or expansion. The property's address is 984 N Broadway, Yonkers, NY 10701, within Westchester County. The Assessor's Parcel Number (APN) is 3-3415-25. This well-maintained building is ideal for investors seeking a strong foothold in the thriving Yonkers medical market. The substantial square footage, ample parking, and prime location combine to create a highly desirable property with excellent upside potential. The current vacancy rate provides an immediate opportunity to increase occupancy and rental income. This is a rare chance to acquire a significant medical office building in a desirable location with strong growth prospects.

    Property profile
    Verified
    Property type Medical Office Space
    Year built 1970
    Total area 82,000 SF
    Lot 2.25 ac (98,010 SF)
    APN 3-3415-25
    UPID US63-1371790
    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
    • Teri Medina, LE Spa & Massage Center Alternative Medicine Practice
    • Executive Pediatrics PC Pediatrician Medical Clinic
    • Donald H. London Esq. Law Firm
    • Tomkiel & Tomkiel Law Firm
    • Pain Medicine & Wellness Center Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sba Site Management LLC · 4 yrs held
    Sba Site Management LLC
    since 2022
    2 recorded transactions
    2022
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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