New York City Apartment Description
$400K PRICE IMPROVEMENT! SELLER SAYS SELL!
PRIME DEVELOPMENT OPPORTUNITY IN SOUTH YONKERS! OVER 35,000 BUILDABLE SQUARE FEET!
11,955 SF existing building
11,800 SF Lot
35,400 SF buildable space
Zoned as High Density Apartment
Allowed to build 6 stories Elevator residential apartment building
Short distance to South Broadway, Yonkers
Near water front, Bronx Van Cortlandt Park, and Metro North
First Floor contains 7 stores
Good for Restaurant, Supermarket, you name it!
2nd floor Office space has no restrict pole.
Yonkers have been seeing continuous rent growth which is anticipated to continue its rise. The unique location just few blocks north from Van Cortlandt Park and the Bronx border and in close proximity to College of Mounth Saint Vincent make the development site even more appealing to the savvy investor!
Huge upside in this up and coming area!
For developers, brokers, landlords, and construction companies, it’s a wonderful time to be in Yonkers.
As our population shifts, our economy booms, and our neighbor to the south grows more expensive by the hour, Westchester enjoys a flourishing commercial real estate market.
Multifamily mixed-use development is exploding; the office market is heating up; industrial/flex properties are in greater demand than ever before; even retail space is showing signs of health, if not exactly prosperity.
Yonkers is ready for its renaissance! You wish you got in Brooklyn and Queens while prices were still low? Now you have the chance to do this in Yonkers!
Why follow when you can be a leader!
Please contact exclusive agents Martina Dechevska and Peter McLean - The Empire Team at Spire Group - 609 742 2116 or 917 727 0047 for more information!