Yonkers, NY 10701

Property

Ownership: For Sale
Type: Unknown

Financials

Price:$2,500,000
Annual Taxes:$3,215
505 Park Ave, New York, NY 10022
Listing Courtesy of eXp Realty

Presenting rare 106 x 100 tract of land in sought after A District MX S 100 Fed.

Description

Presenting rare 106’ x 100’ tract of land in sought-after "A" District MX S-100 Fed. Qualified Opportunity Zone. Permits 31,362 sq. ft. Buildable as-of-right multifamily apartment building. Property supports various other uses including community residential facilities, churches, healthcare bldgs., daycares, nursing homes, semipublic parking structures, radio & TV antennas, among other uses and with special use requirements - satellite antennas. Purchased in 1968 from Messiah Baptist Church, property currently hosts historic Saint Paul Church of GOD In Christ (COGIC), established in 1941. The congregation, known for their faith, believes new owner will be equally blessed and enriched by this prayer-soaked site. As Yonkers transforms, notably with Lionsgate Studios’ new downtown 1,000 sq. ft. complex, you’re urged to seize opportunity to contribute to city’s dynamic growth. Capitalize on Yonkers' evolution into "Hollywood-on-the-Hudson" with this prime redevelopment site priced to sell.

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.