For Lease
$17/SF/YR

440 Nepperhan Ave Yonkers, NY 10701

Industrial warehouse, high potential. Multiple units available.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 60,000 square foot industrial warehouse at 440 Nepperhan Ave in Yonkers, NY, presents a significant investment opportunity. The Class B building boasts post and beam construction and is zoned for heavy industrial use, offering considerable flexibility for a variety of businesses. The property features a shared loading dock and an internal lift, ensuring efficient operations. The building is fully sprinklered, enhancing safety and security. Property taxes are exceptionally low at $30,797 annually. The two-story structure offers diverse space options; the lower level provides 9-foot ceilings, while the upper level features 14-foot ceilings and higher. Currently, there are nine rental units, two of which are occupied by the current owners and will be vacated upon sale. The current annual gross rent is $342,452.04. A conservative pro forma projection indicates a potential increase in annual gross rent to $674,042.04, based on leasing the owner-occupied spaces at the average market rate of the existing tenants. With 40,000 square feet currently vacant, this property offers immediate potential for significant rental income growth. This property, historically part of the Alexander Smith Carpet Mills complex, represents a rare opportunity to acquire a well-located, versatile industrial space in a thriving market.

Highlights

  • 60,000 SF industrial warehouse building in Yonkers, NY.
  • 40,000 SF of vacant space available for lease.
  • Multiple tenants; Class B building.
  • 14' ceiling height (upper level); 9' ceiling height (lower level).
  • Industrial zoning.

Property Details for 440 Nepperhan Ave

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
60,000 SF
Class
B

Unit(s) available at that property

Space
Size
60,000 SF
Rate per SF
$17

Location Insight

City
Yonkers
County
Westchester
State
New York
Latitude
40.9411065
Longitude
-73.8849962

Nearby Similar for Lease

  • For Lease
    $17.90/SF/YR

    Yonkers Industrial Space For Lease

    50,000 SF Manufacturing/Warehouse

    16 Harrison Ave
    Yonkers, NY
    View Details
  • For Lease
    $22.80/SF/YR

    Saw Mill River Road Office/Industrial

    Yonkers, NY: 4,020 SF, 3 Units Available

    106 Saw Mill River Rd
    Yonkers, NY
    View Details
  • For Lease
    $14/SF/YR

    Yonkers Warehouse: 8,500 SF

    Prime Yonkers warehouse, single tenant, excellent condition.

    18 Park Hill Ave
    Yonkers, NY
    View Details
  • For Lease
    $22/SF/YR

    Yonkers Industrial Property For Sale

    30,000 SF Manufacturing/Warehouse

    451 Old Nepperhan Ave
    Yonkers, NY
    View Details
  • For Lease Call for price

    Yonkers Warehouse: 41,000 SF Available

    Large industrial warehouse space for lease.

    2700 Central Park Ave
    Yonkers, NY
    View Details
  • For Lease
    $22.11/SF/YR

    Yonkers Loft: Industrial Space Available

    Trendy loft, 950 sq ft, prime Yonkers location.

    150 School St
    Yonkers, NY
    View Details

FAQs

What type of property is this?
Warehouse - Industrial warehouse, high potential. Multiple units available.
Where is the warehouse located?
The property is located at 440 Nepperhan Ave Yonkers, NY.
What is the lease rate?
The lease rate is $17/SF/YR.
What are key features of this property?
This property features: 60,000 SF industrial warehouse building in Yonkers, NY.; 40,000 SF of vacant space available for lease.; Multiple tenants; Class B building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Property Records

Contacts

Ryan Shay
Ryan Shay
Visit Broker Website

Learn more

Useful Information

Request information

Nepperhan Ave
Yonkers, NY 10701

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

Nepperhan Ave
Yonkers, NY 10701

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

440 Nepperhan Ave
  • Ryan Shay
    Ryan Shay
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.