289 Warburton AveYonkers, NY 10701

Property Details for 289 Warburton Ave

Lot size

0.15 AC

Zone code

A

Property type

Commercial land

APN

551800 2.-2116-40

APU

5518002211640

Description

This exceptional 12,500 square foot development site in Yonkers, New York, presents a lucrative investment opportunity. Located at 289 Warburton Avenue, the property boasts 100 feet of frontage on Warburton Avenue and an additional 25 feet on Woodworth Avenue, ensuring high visibility and convenient access. Fully approved for a 36-unit apartment building, this project eliminates lengthy approval processes and reduces development risk. The proposed building features a highly efficient electric design, aligning with current sustainability initiatives, and includes 36 on-site parking spaces across two levels. One affordable rental unit is incorporated, fulfilling city requirements and promoting community inclusivity. Tenants will be responsible for their own utilities. The building's rear units offer stunning Hudson River views, a significant draw for potential renters. Situated just 0.07 miles from the Metro North Station, the property benefits from excellent public transportation access. The site's location within a rapidly developing area, with at least six other new development projects nearby, further underscores its investment potential. Projected net annual income exceeds $840,000. Detailed building and site plans are available for review. This is a prime opportunity to capitalize on Yonkers' thriving real estate market. The property is zoned M (Manufacturing) and is located in Westchester County, NY, zip code 10701.

Location Insight

City

Yonkers

County

Westchester

State

New York

Latitude

40.9456

Longitude

-73.8972

CBSA code

35620

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].