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Executive Summary
Exceptional mixed-use investment property located in Yonkers, NY. This well-positioned asset features four total units, consisting of two residential apartments and two versatile commercial units suitable for professional offices or retail use. The residential units offer stable rental income with strong demand in the Yonkers market, while the commercial spaces provide flexibility for a range of uses including medical, legal, service-oriented offices, or neighborhood retail. This diverse unit mix creates multiple income streams and reduces vacancy risk. Ideally situated near major thoroughfares, public transportation, and local amenities, the property benefits from excellent visibility and accessibility. Yonkers’ continued growth and proximity to New York City make this an attractive opportunity for both seasoned investors and owner-users seeking long-term value appreciation. A solid addition to any portfolio, this property offers steady cash flow potential, mixed-use flexibility, and strong upside in a high-demand market.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,488 SF
Building Class
C
Year Built
1960
Price
$1,484,743 CAD
Price Per SF
$330.83 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.08 AC
Zoning
BA
Frontage
52’ on Riverdale Ave
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1800-001-000-00129-000-0043 | Improvements Assessment | $7,337 CAD |
| Land Assessment | $4,756 CAD | Total Assessment | $12,093 CAD |
Property Taxes
Parcel Number
1800-001-000-00129-000-0043
Land Assessment
$4,756 CAD
Improvements Assessment
$7,337 CAD
Total Assessment
$12,093 CAD
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356 Riverdale Ave
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