For Sale
$500,000

400 Riverdale AveYonkers, NY 10705

Yonkers retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 12,429 square foot shopping center, located at 400 Riverdale Avenue in Yonkers, New York (zip code 10705), presents a compelling investment opportunity. Priced at $500,000 ($56 per square foot), this mixed-use property sits on a 4,143 square foot lot and is zoned BA. The property is ideally situated on a major retail thoroughfare within a densely residential neighborhood, offering significant potential for development or redevelopment. Its prime location provides easy access to NYC via the nearby Ludlow Metro North station and the 8 bus line. Surrounded by amenities including schools, parks, restaurants, bars, and various retail establishments, this property benefits from a strong local community and high foot traffic. Yonkers itself is a thriving community known for its excellent schools and desirable lifestyle. The combination of accessibility, affordability, and the surrounding vibrant neighborhood makes this a truly unique investment prospect in an up-and-coming area. This shovel-ready site allows for the construction of a 12,500 square foot mixed-use building, capitalizing on the current lack of new construction in the area.

Highlights

  • 12,429 SF shopping center in Yonkers, NY (10705), priced at $500,000 ($56/SF).
  • Located on a 4,143 SF lot, zoned BA, on a major retail thoroughfare.
  • Excellent access to NYC via Metro North and bus lines.
  • Surrounded by amenities and high foot traffic in a densely populated residential area.
  • Shovel-ready site for a 12,500 SF mixed-use building.

Property Details for 400 Riverdale Ave

Property type
Lifestyle centers, Power centers
Square Feet
12,429 SF

Location Insight

City
Yonkers
County
Westchester
State
New York
Latitude
40.9156576
Longitude
-73.9014824
400 Riverdale Ave, Yonkers, New York

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400 Riverdale Ave
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