Prime mixed use investment opportunity in the heart of Yonkers !


Property

Website:https://www.nestseekers.com/5464199
Address:
Yonkers, NY 10701
Ownership: For Sale
Type: Duplex
Bedrooms: 4 BR
Bathrooms: 3
Lot Size: 0.1 Acres

Financials

Price:$949,000
Annual Taxes:$2,442.94

Description

Prime mixed-use investment opportunity in the heart of Yonkers! Located on a highly visible corner lot, this versatile property offers strong income potential with a fully operational retail storefront, residential units, and additional garage income streams. The ground level retail space, currently operating as a nail salon, benefits from excellent street exposure, steady foot traffic, and prominent signage visibility, ideal for owner-users or investors seeking a stable commercial tenant, currently rented at $1,850. Above and alongside the commercial space are well-laid-out residential units, including a 1-bedroom apartment renting for $1,850/month and a spacious 3-bedroom apartment generating $2,850/month, providing consistent rental income. Additional value is found in the three garage spaces, each rented at $200/month, creating supplemental cash flow and added tenant convenience. The property features a separate entrance for residential access, enhancing privacy and flexibility for multi-use functionality. With approximately 2,800 sq ft of building space, this asset is perfect for investors looking to maximize returns or owner-operators seeking to live and work in one location. Conveniently situated near major roadways, public transportation, and local amenities, this is a rare opportunity to own a high-performing mixed-use property in a growing Yonkers market.

Amenities

  • Eat-in Kitchen
  • Electricity Connected
  • Open Floorplan
  • Storage
  • Water Connected

Contact

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