317 South Broadway presents a rare investment and development opportunity in the heart of Yonkers rapidly evolving South Broadway corridor.


Property

Website:https://www.nestseekers.com/5331678
Address:
Yonkers, NY 10705
Ownership: For Sale
Type: Unknown
Lot Size: 0.5 Acres

Financials

Price:$3,500,000
Annual Taxes:$16,143.89

Description

317 South Broadway presents a rare investment and development opportunity in the heart of Yonkers’ rapidly evolving South Broadway corridor. This prominent two-story commercial property offers approximately 18,000 sq ft of usable office space, a full basement, and flexible layouts ideal for office, medical, professional, or mixed-use redevelopment. The surrounding area is undergoing significant transformation, with multiple large-scale residential projects and streetscape improvements bringing hundreds of new residents and enhanced infrastructure, increasing both foot traffic and long-term property value. Investors and developers can capitalize on this momentum, exploring opportunities for renovations, mixed-use conversions, or potentially leveraging air rights—subject to Yonkers zoning approvals—to expand vertically, with the possibility of building up to 8 stories, unlocking substantial development and income potential in a prime Westchester County location. Accepting financing or cash offers. All brokers and prospective buyers are responsible for conducting their own due diligence regarding zoning, permits, property condition, and any other relevant factors.

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Boatswain Realty LLC