4 Executive PlzYonkers, NY 10701

  • Office properties
  • 83,327 SF
For Lease

Property Details for 4 Executive Plz

Year built
1989
Lot size
5.33 AC
Property size (Sq ft)
83,327 SF
Zone code
PEP
Property type
Office properties
Property subtype
Office buildings
APN
551800 3.-3455-30
APU
5518003345530

Description

This exceptional 7,550 square foot retail space is available for lease at 4 Executive Plaza in Yonkers, Westchester County, New York, zip code 10701. Located in the South Westchester Executive Park, this single-tenant property presents a unique opportunity for businesses seeking a prominent location. The entire building is currently vacant, offering immediate occupancy for a new tenant. The property is classified as retail and restaurant space, suitable for a variety of uses, including local shopping and hotel-related businesses. The building's size provides ample space for a large-scale operation or the potential to be subdivided for multiple smaller tenants (though currently configured as a single tenant space). Its prime location in Yonkers offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's address is 4 Executive Plaza, Yonkers, NY 10701, with GPS coordinates of 40.9710203 latitude and -73.8813245 longitude. This is a fantastic opportunity to establish a thriving business in a vibrant and accessible location within Westchester County. The property is ready for immediate occupancy. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,776,442
    6.5%
    $12,716,716
    7%
    $11,808,379
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,887,506
    Geo Method
    $10,887,506
  • Alternative Use

    Use
    Valuation
    Residential
    $15,768,728
    Hospitality
    $14,444,070
    Educational
    $12,017,296
    Medical
    $12,430,590
    Retail
    $18,693,572
4 Executive Plz, Yonkers, New York

Location Insight

City
Yonkers
County
Westchester
State
New York
Latitude
40.9713
Longitude
-73.8813
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$336,543
$78,700
$253,250
$331,950
-
$4,396,648
$14,148,045
$18,544,693

FAQs

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