RARE BRONXVILLE YONKERS MEDICAL OFFICE VALUE ADD Exceptionally located 14 suite medical amp ; professional office building with four street level store fronts totaling 15, 878 SF in one of ...


Property

Website:https://www.nestseekers.com/5392079
Address:
Yonkers, NY 10708
Ownership: For Sale
Type: Unknown

Financials

Price:$1,995,000
Annual Taxes:$48,250

Description

RARE BRONXVILLE/YONKERS MEDICAL OFFICE VALUE-ADD Exceptionally located 14-suite medical & professional office building with four street level store fronts totaling 15,878 SF in one of Westchester's most desirable submarkets. Currently 64% occupied with significant upside potential. THE OPPORTUNITY: Five vacant suites (4,910 SF) ready for lease-up. Modest CapEx for aesthetic upgrades and common area refresh will position the building to command at or above market rents in a supply-constrained submarket. LOCATION ADVANTAGE: Minutes to Bronxville Metro-North station. Healthcare adjacency to major Westchester medical infrastructure. Strong demographics and above-average household incomes drive consistent tenant demand from medical, dental, therapy, and allied health practices. Perfect for value-add investors seeking immediate income growth in a fundamentally strong Westchester location.

Amenities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Trash Collection Private
  • Water Connected

Contact

505 Park Ave, New York, NY 10022
Listing Courtesy of Compass Greater NY, LLC