For Sale
$5,380,000

210 Broadway Ave Yonkers, NY 10705

High-return retail & office complex

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Prime Yonkers location at 210 S Broadway Avenue offers a lucrative investment opportunity. This 19,560 square foot property boasts five units including three retail spaces (a laundromat with 70 washers and 70 dryers, a minimart, and an auto repair shop), a warehouse, and office space. The auto repair shop and minimart are under 10-year leases with annual rent increases of $100, currently paying $3,500 and $4,000 per month respectively. The warehouse is vacant, projecting $4,000 monthly rent, and the office space projects $3,000 monthly rent. The property sits on a 27,111 square foot lot providing ample parking (30+ spaces) and benefits from a high-traffic corner location at Bright Place with a traffic light. Its proximity to St. Joseph's Hospital and its half-mile distance from City Hall further enhance its desirability. The building features 16-20 foot ceilings. Asking price is $5,380,000.

Highlights

  • Prime Yonkers location at 210 S Broadway Avenue, offering a lucrative investment opportunity.
  • 19,560 square foot building with five units: three retail spaces (laundromat, minimart, auto repair shop), a warehouse, and office space.
  • Strong lease income: Auto repair shop and minimart have 10-year leases with annual rent increases, currently paying $3,500 and $4,000 monthly respectively.
  • High rental potential: Vacant warehouse and office space project $4,000 and $3,000 monthly rent, respectively.
  • Large 27,111 square foot lot with ample parking (30+ spaces) and high visibility corner location at Bright Place with traffic light.
  • Desirable location near St. Joseph's Hospital and less than a half-mile from City Hall.

Property Details for 210 Broadway Ave

Property type
Retail properties, Restaurants
Square Feet
19,560 SF
Units
5

Location Insight

City
Yonkers
County
Bronx
State
New York
Latitude
40.9259669
Longitude
-73.8952135

FAQs

What type of property is this?
Retail property - High-return retail & office complex
Where is the retail property located?
The property is located at 210 Broadway Ave Yonkers, NY.
What is the asking price?
The asking price for this property is $5,380,000.
What are key features of this property?
This property features: Prime Yonkers location at 210 S Broadway Avenue, offering a lucrative investment opportunity.; 19,560 square foot building with five units: three retail spaces (laundromat, minimart, auto repair shop), a warehouse, and office space.; Strong lease income: Auto repair shop and minimart have 10-year leases with annual rent increases, currently paying $3,500 and $4,000 monthly respectively.
How can I contact the broker?
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210 Broadway Ave
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