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1981 Central Park 2001 Central Park Ave 7,600 SF Office Building Yonkers, NY 10710 $7,883,538 CAD ($1,037.31 CAD/SF) 6.96% Cap Rate
Investment Highlights
- Prime Central Park Avenue Location - Positioned along one of Yonker's primary commercial corridors
- Strong Regional Connectivity - Immediate access to Bronx River Parkway, I-87 (NYS Thruway), and Cross County Parkway
- 7,600 SF Commercial Office Property Situated on Approximately 0.89 Acres
Executive Summary
Westchester County NNN Tenant. Strategically positioned along one of Westchester County’s most established commercial corridors, 1981 Central Park Avenue is a two-story 7,600 SF commercial office property situated on approximately 0.89 acres in the highly trafficked Central Park Avenue submarket of Yonkers. Originally constructed in 1985 and updated around 2010, the building features two full floors with a separate entrance to the second level, elevator access, and flexible layout options suitable for single or multi-tenant occupancy. The property is leased on a Triple Net (NNN) basis, providing investors with a stable income stream while minimizing landlord responsibilities. Additional highlights include 43 on-site parking spaces, a recently paved and re-striped parking lot, upgraded AC systems, and a prominent pylon sign offering strong street visibility and branding exposure along Central Park Avenue. The site benefits from exceptional vehicular traffic and immediate access to the Bronx River Parkway, I-87 (NYS Thruway), and the Cross County Parkway. Surrounded by national retailers, medical offices, and service-oriented businesses, this offering presents an attractive opportunity for investors seeking a well-located NNN asset in a supply-constrained infill corridor.
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Property Facts
Sale Type
Investment NNN
Property Type
Building Size
7,600 SF
Building Class
B
Year Built/Renovated
1985/2012
Price
$7,883,538 CAD
Price Per SF
$1,037.31 CAD
Cap Rate
6.96%
NOI
$548,351 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,800 SF
Zoning
BR
Parking
43 Spaces (5.66 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Concierge
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Elite Investigations
- Management of Companies and Enterprises
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99,999 SF
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Elite Investigations | Management of Companies and Enterprises | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
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Property Taxes
| Parcel Number | 1800-004-000-04385-000-0030-41 | Improvements Assessment | $48,535 CAD |
| Land Assessment | $38,252 CAD | Total Assessment | $86,787 CAD |
Property Taxes
Parcel Number
1800-004-000-04385-000-0030-41
Land Assessment
$38,252 CAD
Improvements Assessment
$48,535 CAD
Total Assessment
$86,787 CAD
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1981 Central Park | 2001 Central Park Ave
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