Yonkers, NY 10705

Property

Ownership: For Sale
Type: mixed-use
Bedrooms: Studio
Lot Size: 0.3 Acres

Financials

Price:$1,995,000
Annual Taxes:$28,600
505 Park Ave, New York, NY 10022
Listing Courtesy of Keller Williams Realty Group

Rare Mixed Use Investment Opportunity 3 Tax Lots Sold as a Package !

Description

Rare Mixed-Use Investment Opportunity – 3 Tax Lots Sold as a Package! Two mixed-use buildings plus a large adjacent lot located at 86 McLean Ave, 2 Cornell Ave, and 6 Cornell Ave, Yonkers. Total approx. 6,360 sq ft on 0.30 acres. Property features 4 commercial units and 2 residential apartments (1BR + office and 2BR), both updated and well-maintained. Long-term, reliable tenants in place, including established businesses operating for 30+ years. Strong, consistent rental income. Large gated parking lot with space for approx. 30 vehicles—rare for the area. Secured with high-quality fencing and a security system. Well maintained and cared for by owner. No violations, no open permits, no unpaid taxes. Separate utilities: 6 electric meters, 2 water meters. Located in a high-traffic area near single-family homes, multi-family residences, and an active commercial corridor. Serious buyers only. Proof of funds or pre-approval required for second showing (residential units). Financials and property documents available upon request. Virtual tour: https://youtu.be/S1l3gzQQtFI

Amenities

  • Back Yard
  • Building Security
  • Cable - Available
  • Cable Connected
  • Corner Lot
  • Electricity Available
  • Electricity Connected
  • Gated Community
  • Irregular Lot
  • Level
  • Natural Gas Available
  • Natural Gas Connected
  • Other
  • Paved
  • Phone Available
  • Phone Connected
  • Private
  • Restrictions
  • Security Gate
  • Security Lights
  • Security System
  • Sewer Available
  • Smoke Detectors
  • Trash Collection Public
  • Video Cameras
  • Water Available
  • Water Connected

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.