400 Riverdale AveYonkers, NY 10705

Property Details for 400 Riverdale Ave

Lot size

0.11 AC

Zone code

BA

Property type

Commercial land

APN

551800 1.-130-43

APU

551800113043

Description

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.

Location Insight

City

Yonkers

County

Westchester

State

New York

Latitude

40.9186

Longitude

-73.9011

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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